Madras OR Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,325
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1949
Baths:
MLS#:
220178561
Subdivision:
Bone Addition

ADDITIONAL INFORMATION

Great investment property!!! Two rentals on one lot. The property is in good conditon. Located on a busy corner of highway 97 and Oak Street in North Madras. Good rental history. Currently the monthly rent income is $1250.00. Zoned highway commercial, so someday could be used as commercial if desired. The main house is 947 square feet, the other is 378 square feet. The larger house has a new gas furnace. Call your favorite realtor today and strart, or grow, your investment portfolio.

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Xome Inc. are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).



Madras Real Estate

The median home value in Madras, OR is $332,475. This is lower than the county median home value of $401,900. The national median home value is $338,100. The average price of homes sold in Madras, OR is $332,475. Approximately 44.92% of Madras homes are owned, compared to 50.69% rented, while 4.39% are vacant. Madras real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Madras real estate agent to arrange a tour today!

Madras, Oregon has a population of 7,381. Madras is more family-centric than the surrounding county with 26.7% of the households containing married families with children. The county average for households married with children is 21.81%.

The median household income in Madras, Oregon is $43,722. The median household income for the surrounding county is $59,748 compared to the national median of $69,021. The median age of people living in Madras is 33.1 years.

Madras Weather

The average high temperature in July is 85.2 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 11.1 inches per year, with 13.7 inches of snow per year.

Madras Real Estate Market Conditions

  • Median sales price

    $332,475
    14% change since last quarter
  • # Active listings

    123
    30-day change

Madras Schools and Demographics

Education near Madras, OR

Metric City County
High School Graduates 81.48 87.84
College Degree - 2 year 9 8.89
College Degree - 4 year 20.7 20.86
Graduate Degree 6.31 5.17
Expenditures per Student 15,783 15,783
Students per Teacher 14.8 14.8

Elementary Schools near Madras, OR

School Grades Students P/T Ratio ZIP
Ashwood Elementary School KG - 06 5 5 97711
Buff Intermediate School 03 - 05 358 20.5 97741
Culver Elementary School KG - 05 282 19 97734
Madras Primary School KG - 02 368 15.7 97741
Metolius Elementary School KG - 05 317 19.8 97741
Terrebonne Community School KG - 08 413 22.6 97760
Warm Springs K-8 Academy KG - 08 652 18.6 97761

Middle Schools near Madras, OR

School Grades Students P/T Ratio ZIP
Culver Middle School 06 - 08 169 22.7 97734
Jefferson County Middle School 06 - 08 440 18.7 97741

High Schools near Madras, OR

School Grades Students P/T Ratio ZIP
Culver High School 09 - 12 244 18.6 97734
Madras High School 09 - 12 812 21.8 97741

Demographics near Madras, OR

Metric City County
Neighborhood Type Small Town
Population 7,381 24,232
Population Density 1,183 14
Median Age 33.1 40.7
People per Household 2.9 2.8
Median Household Income 43,722 59,748
Average Income per Capita 21,967 28,140