Estimated payment $17,247/month
Highlights
- Northwest Architecture
- Forced Air Heating System
- Carpet
- Attached Garage
- Level Lot
About This Home
Investment Opportunity! Thirteen townhomes in Madras offered together as a portfolio sale. All units are 100% occupied, bringing in $19,115 per month in rent with a consistent rental history. Each
property has been professionally maintained and is located near schools, parks, and community amenities. This is an ideal option for investors seeking immediate income and long-term growth potential in Central Oregon. Units may also be purchased in groups of four, allowing flexibility for
portfolio diversification or step-in expansion. Detailed rent rolls, leases, and expense information available upon request. A rare chance to secure multiple income-producing assets in one offering.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,287
Year Built
- Built in 2007
Lot Details
- 4,356 Sq Ft Lot
- 1 Common Wall
- Level Lot
- Additional Parcels
HOA Fees
- $25 Monthly HOA Fees
Home Design
- Northwest Architecture
- Stem Wall Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 8 Full Bathrooms
- 2-Story Property
Kitchen
- Oven
- Range
Flooring
- Carpet
- Laminate
Parking
- Attached Garage
- Driveway
Schools
- Buff Elementary School
- Jefferson County Middle School
- Madras High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 111
- Assessor Parcel Number 15997
Community Details
Overview
- 12 Units
- Strawberry Heights Subdivision
Building Details
- Gross Income $19,115
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,854 | $90,260 | ||
| 2024 | $1,823 | $87,640 | ||
| 2023 | $1,707 | $85,090 | $0 | $0 |
| 2022 | $1,682 | $82,620 | $0 | $0 |
| 2021 | $1,611 | $80,220 | $0 | $0 |
| 2020 | $1,577 | $77,890 | $0 | $0 |
| 2019 | $1,522 | $75,630 | $0 | $0 |
| 2018 | $1,474 | $73,430 | $0 | $0 |
| 2017 | $1,420 | $71,300 | $0 | $0 |
| 2016 | $1,372 | $69,230 | $0 | $0 |
| 2015 | $1,067 | $67,220 | $0 | $0 |
| 2014 | $1,067 | $57,790 | $0 | $0 |
| 2013 | -- | $55,040 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2026 06/25/26 | For Sale | $2,750,000 | -- | $158 / Sq Ft |
Source: Oregon Datashare
MLS Number: 220224049
APN: 111312-CD-12100
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© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.
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Ask me questions while you tour the home.