Waterfront
Address
115 Ne A Street, Madras, OR
Price
$ 1,190,000
Property Attributes
- MLS#220228698
- TypeMulti-Family
- Listing Status Active
- CountyJefferson
- CityMadras
- AreaNot Applicable
- NeighborhoodPalmain
- Zip97741
- StyleTraditional
- Year Built1961
- Taxes$ 8571
- Price$ 1,190,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7008
- Lot Size0.46 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description
This property has been one of the best rental properties in Madras, with few if any vacancies. Great place for a family with lots of room to live & play, close to schools, trails & bowling center. While built in 1961, they have been owned by investors that have taken good care of the property for a long-term investment. New Mini Split for HVAC added recently to all units. Nice grass backyard fully fenced. Adjacent to Sahalee Park, with splash park, playground equipment, pavilion and picnic areas. Within walking distance to shops, restaurants, banks and more.
| Elementary School | Middle School | High School |
|---|---|---|
| Madras Elementary Elementary School | Jefferson County Middle Middle School | Madras High High School |
| Price History | |
|---|---|
| 9/15/2026 | Listed $1,190,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Ductless,Electric,Other |
| Cooling | Ductless,Wall/Window Unit(s),Other |
| Roof | Metal |
| Appliances | Oven,Range,Range Hood,Refrigerator |
| Architectural Style | Traditional |
| Security Features | Smoke Detector(s) |
| Construction Materials | Frame |
| Year Built | 1961 |
| View | Park/Greenbelt |
| Levels | Two |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Waterfront Features | Creek |
| Community Features | Gas Available,Park,Playground,Trail(s) |
| County | Jefferson |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Palmain |
| Status | Active |
| High School | Madras High |
| City | Madras |
| Zoning Description | C2 |
| Number Of Units Total | 8 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 20037.6 |
| Elementary School | Madras Elementary |
| Tax Annual Amount | 8571.77 |
| Middle/Junior High School | Jefferson County Middle |
| Additional Parcels Y/N | false |
| Structure Type | Townhouse |
| Builder Name | Unknown |
| Standard Status | Active |
| Tax Lot | 3 |
| Sewer_co_Public_sp_Sewer | true |
| Utilities_co_Cable_sp_Available | true |
| Utilities_co_Natural_sp_Gas_sp_Available | true |
Interior Features
| Interior Amenities | Laminate Counters,Linen Closet,Pantry,Shower/Tub Combo |
|---|---|
| Basement | Full |
| Flooring | Carpet,Laminate,Vinyl |
| Common Walls | 1 Common Wall,2+ Common Walls,End Unit,No One Above,No One Below |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Aluminum Frames,Vinyl Frames |
| Heating-Baseboard | true |
| Heating-Ductless | true |
Exterior Features
| Parking Features | Driveway,No Garage,On Street,Parking Lot |
|---|---|
| Lot Features | Corner Lot,Fenced,Landscaped,Level,Sprinkler Timer(s),Sprinklers In Rear |
| Water Source | Public |
| Lot Size Area | 0.46 |
| Foundation Details | Slab,Stemwall |
| Building Area Total | 7008 |
| Lot Size Acres | 0.46 |
| Road Surface Type | Paved |
| Waterfront Y/N | true |
| Road Frontage Type | Shared Access |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 97741
Price
Taxes
Year Built
