Estimated payment $2,580/month
Highlights
- City View
- Ranch Style House
- No HOA
- 0.51 Acre Lot
- Corner Lot
- Bathtub with Shower
About This Home
Affordable investment opportunity with strong income potential and versatility. This property features three units including a duplex and a single wide manufactured home situated on over half an acre. The duplex offers two 2 bed, 1 bath units, each approximately 810 sq ft with attached carports and fenced yards, supported by a long term rental history. The manufactured home sits on its own approx. 10,000 sq ft lot, providing flexibility for additional income or future potential. Ideally located in the heart of Madras directly across from the high school, performing arts center and tennis courts, and close to shopping and local amenities, creating consistent rental appeal. Ample space, multiple income streams and potential for expansion make this a compelling option for investors or owner occupants looking to offset costs. Buyer to perform due
diligence with the City regarding future opportunities.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,167
Year Built
- Built in 1959
Lot Details
- 22,216 Sq Ft Lot
- No Common Walls
- 1 Common Wall
- Fenced
- Landscaped
- Corner Lot
Property Views
- City
- Neighborhood
Home Design
- Ranch Style House
- Pillar, Post or Pier Foundation
- Stem Wall Foundation
- Frame Construction
- Composition Roof
- Metal Roof
Interior Spaces
- Aluminum Window Frames
Kitchen
- Oven
- Range
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Attached Carport
- No Garage
- Driveway
Schools
- Buff Elementary School
- Jefferson County Middle School
- Madras High School
Utilities
- No Cooling
- Zoned Heating
Community Details
- No Home Owners Association
- 3 Units
- Palmain Subdivision
Listing and Financial Details
- Assessor Parcel Number 10190
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,019 | $98,290 | -- | -- |
| 2024 | $1,985 | $95,430 | -- | -- |
| 2023 | $1,859 | $92,660 | $0 | $0 |
| 2022 | $1,832 | $89,970 | $0 | $0 |
| 2021 | $1,754 | $87,350 | $0 | $0 |
| 2020 | $1,717 | $84,810 | $0 | $0 |
| 2019 | $1,657 | $82,340 | $0 | $0 |
| 2018 | $1,605 | $79,950 | $0 | $0 |
| 2017 | $1,530 | $77,630 | $0 | $0 |
| 2016 | $1,394 | $75,370 | $0 | $0 |
| 2015 | $998 | $63,960 | $0 | $0 |
| 2014 | $998 | $54,050 | $0 | $0 |
| 2013 | -- | $50,200 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $439,900 | -- | $439,900 / Sq Ft |
Source: Oregon Datashare
MLS Number: 220220195
APN: 111312-BC-08900
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Ask me questions while you tour the home.