$699,000

63 NW 7th St Madras, OR 97741

Estimated payment $4,241/month

0.23 Acre
$3,039,130 Price per Acre
10,019 Sq Ft Lot

About This Lot

Residential Rental Property Downtown Madras, adjacent to City Park and Splash Park. This property has 2 Duplexes on 1 tax lot with 4 residential units total, 100% occupied. Each unit is 921 sq. ft., 2 bedrooms and 1 bathroom. These properties are professionally managed, and upgrades were completed as required over the years. They have been kept up nice. Location is perfect for walking, biking, close to all downtown services, library, banks, restaurants, parks, bike/walking trail, and schools. Only one owner since the property was developed. County ''real market value'' above listed price. Great opportunity for an investor to start or expand current residential rental investments.

Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Richard Allen

Listed on: 07/01/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,269

Community Details

  • Jogging Path

Property Details

Property Type

Land

Est. Annual Taxes

$5,269

Lot Details

0

Listing Details

  • Office Phone: 458-241-6679
  • Listing Website: https://www.land.com/property/63-nw-7th-street-madras-oregon-97741/24029782/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Condo/Co-op/Association

  • Amenities: Jogging Path/Bike Path

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,269 $253,360 -- --
2023 $4,936 $245,990 $0 $0
2022 $4,863 $238,830 $0 $0
2021 $4,656 $231,880 $0 $0
2020 $4,558 $225,130 $0 $0
2019 $4,398 $218,580 $0 $0
2018 $4,259 $212,220 $0 $0
2017 $4,102 $206,040 $0 $0
2016 $3,966 $200,040 $0 $0
2015 $3,543 $194,220 $0 $0
2014 $3,543 $188,570 $0 $0
2013 -- $183,080 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $699,000 -- --

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Source: Public Records
Oregon Jefferson County Madras 97741

63 NW 7th St, Madras, OR

This home is located at 63 NW 7th St, Madras, OR 97741 and is currently priced at $699,000. 63 NW 7th St is a home located in Jefferson County with nearby schools including Madras High School and Madras Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Listing Agent
Richard Allen
(458) 241-6679