1535 SW HIGHWAY 97, Madras, OR 97741
1535 SW HIGHWAY 97, Madras, OR 97741
1535 SW HIGHWAY 97, Madras, OR 97741
1535 SW HIGHWAY 97, Madras, OR 97741
1535 SW HIGHWAY 97, Madras, OR 97741
1535 SW HIGHWAY 97, Madras, OR 97741
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Listed by Emerald Coast Realty-Seal Rock
$ 1,555,000
Est. payment | /mo

14,008 SqFt


Save
$ 1,555,000
Est. payment | /mo
Save

14,008 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,008 sqft

Price per Sqft $111

MLS Listing ID 173981808

Year Built 1950

Annual Tax Amount $14,441

Tax Year 2025

Lot Size 1.450 Acres

Property Description

Fantastic Central Oregon Investment Opportunity - Fifteen Unit (15) Fully Leased Apartment Complex. Don't miss this rare chance to purchase rental property in Madras, OR. These properties offer strong rental history & immediate cash flow opportunity. Each unit is 2 bedrooms/1 bath with mini split HVAC, washer/dryer hookups. Walking distance to shopping, restaurants and bus service to Bend/Redmond. Excellent potential for investors looking to expand their portfolio with reliable income producing properties in a mature market at an affordable purchase price.

Location

State OR

County Jefferson

Community Alllandscaping

Area _340

Zoning MU

Interior

Heating Baseboard, Wall Furnace

Cooling Mini Split

Exterior

Community Features AllLandscaping

View Territorial

Roof Type Composition

Garage No

Building

Lot Description Public Road, Street Car

Story 2

Foundation Other

Sewer Public Sewer

Water Private

Level or Stories 2

Schools

Elementary Schools Madras

Middle Schools Jefferson Co

High Schools Madras

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

Nearby Locations

Carrie Warlaumont

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 803-3812

carriewarlaumont@epique.me

1026 SW Greenburg Rd Fl 4, Portland, OR 97223

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1535 SW HIGHWAY 97