$315,000 Price Analysis   ♡   Madras, OR 97741 Unknown bed None bath 1,325 SqFt ($237/SqFt) 9,148SqFt lot. Built 1949 Listed 2024-03-14, Taxes $2,093 | ✓ USDA Eligible near Madras, OR |
Great investment property!!!
Two rentals on one lot. The property s 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 us ed 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.
Presented by Mike Ahern at
Exp Realty, Llc.
Property MLS #220178561 from CentralOregon
Shower/Tub Combo
Flooring: Carpet, Vinyl
Window Features: Aluminum Frames
Range
Refrigerator
Water Heater
Heating Features: Forced Air, Natural Gas
Lot Size Acres: 0.21
Lot Size Dimensions: 1300
Lot Size Square Feet: 9148
Road Surface Type: Paved
Parking Features: Driveway, Shared Driveway
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Calculated Total Monthly Association Fees: 0
High School: Madras High
Middle School: Jefferson County Middle
Map directions Map directions Map directions Map directionsBedrooms in Unit-1: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit-1 Square Feet: 947
Unit-2 Square Feet: 378
Unit 1 Total Actual Rent: 950.00
Unit 2 Total Actual Rent: 300.00
Source Listing Status: Active
County: Jefferson
Cross Street: Highway 97
Directions: North out of Madras take highway 97. Your first right is Oak. Houses on the corner.
Tax Year: 2023
Source Property Type: Residential Income
Inclusions: stove/oven, refrigerator
Source Neighborhood: Bone Addition
Parcel Number: 9064
Subdivision: Bone Addition
Zoning: C1
Property Features: Corner Lot, Level
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $102,840 | $2,093 |
| 2021 | $unknown + $unknown $99,850 | $2,004 |
| 2020 | $unknown + $unknown $96,950 | $1,963 |
| 2019 | $unknown + $unknown $94,130 | $1,893 |
| 2018 | $unknown + $unknown $91,390 | $1,834 |
| 2017 | $unknown + $unknown $88,730 | $1,766 |
| 2016 | $unknown + $unknown $86,150 | $1,707 |
| 2015 | $61,620 + $22,030 $83,650 | $1,529 |
| 2014 | $unknown + $unknown $70,740 | $1,305 |
| 2013 | $unknown + $unknown $51,510 | $1,016 |
| 2012 | $unknown + $unknown $49,590 | $994 |
| 2011 | $unknown + $unknown $49,590 | $982 |
| 2010 | $unknown + $unknown $81,330 | $1,656 |
| 2008 | $unknown + $unknown $76,670 | $1,592 |
| 2006 | $43,870 + $29,960 $73,830 | $1,538 |
$315,000
CentralOregon
Listing removed 2017-12-23
$895
AppfolioUnits
Listed for rent 2017-12-14
$895
AppfolioUnits
Listing removed 2016-06-04
$750
AppfolioUnits
Listed for rent 2016-05-26
$750
AppfolioUnits
Building Area Source: Assessor
Building Area Total: 1325
Building Area Units: Square Feet
Common Walls: No Common Walls
Construction Materials: Frame
Foundation Details: Stemwall
Levels: One
Property Age: 75
Roof: Composition
Architectural Style: Cottage/Bungalow
Water Source: Public, Water Meter
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.