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$1,555,000
51 Days On Site
1535 SW HIGHWAY 97Madras, OR 97741
For Sale|Multi Family|Active
8
Beds
4
Total Baths
14,008
SqFt
$111
/SqFt
1950
Built
County:
Jefferson
Listing courtesy of Geoff Groener of Emerald Coast Realty-Seal Rock (541) 390-4488
Call Now: (503) 461-2086
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(503) 461-2086
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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.
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Listing Snapshot
Price
$1,555,000
Days On Site
51 Days
Bedrooms
8
Inside Area (SqFt)
14,008 sqft
Total Baths
4
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.45 Acres
Year Built
1950
MLS® Number
173981808
Status
Active
Property Tax
$14,441.87
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Acres
1.45
Disclosures
Disclosure
Foundation
Other
Parking
On StreetOpen
Parking Spaces
30
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
14008
Water Source
Private
Zoning
MU
Interior Features
Cooling
Heating
BaseboardWall Furnace
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Exterior Features
Construction Details
Stone
Roof
Composition
Community Features
MLS Area
_340
Financing Terms Available
CashConventional
Roads
Paved
Schools
School District
Unknown
Elementary School
Madras
Middle School
Jefferson Co
High School
Madras
Listing courtesy of Geoff Groener of Emerald Coast Realty-Seal Rock (541) 390-4488
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Emerald Coast Realty-Seal Rock are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
Last checked 2026-10-16 04:49 PM PDT.
All information provided is deemed reliable but is not guaranteed and should be independently verified
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Emerald Coast Realty-Seal Rock are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
Last checked 2026-10-16 04:49 PM PDT.
All information provided is deemed reliable but is not guaranteed and should be independently verified
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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