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Listed by Emerald Coast Realty-Seal Rock
$ 1,555,000
Est. payment /mo
New
1535 SW HIGHWAY 97 Madras, OR 97741
14,008 SqFt
UPDATED:
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
