Overview
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Listing
Investment opportunity with strong income potential and versatility. This property features three units including a duplex and a single wide manufactured home situated on over half an acre. The duplex offers two 2 bed, 1 bath units, each approximately 810 sq ft with attached carports and fenced yards, supported by a long term rental history. The manufactured home sits on its own approx. 10,000 sq ft lot, providing flexibility for additional income or future potential. Ideally located in the heart of Madras directly across from the high school, performing arts center and tennis courts, and close to shopping and local amenities, creating consistent rental appeal. Ample space, multiple income streams and potential for expansion make this a compelling option for investors or owner occupants looking to offset costs. Buyer to perform due diligence with the City regarding future opportunities.
A rough estimate, not a quote. Loan amount $351,920 · $87,980 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
sold in the last 90 days
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Madras
leftover membership, active single-family houses in Madras. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). 4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. · updated Sep 14, 2026
| Date | Event | Price |
|---|---|---|
| Apr 27, 2026 | Listed | $440,000 |
| Year | Tax |
|---|---|
| 2025 | $3,167 |
Tax as filed on the listing. Jefferson County. Parcel 10190.
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Madras · What to do about this house
The typical cut was 4.3% off the original ask, and the typical home went under contract in 54 days.
Madras single family homes · every sale that closed in the 12 months to September 13, 2026
public.market_metric · stat_id=pct_with_price_cut · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=142 · complete_through=2026-09-13 · read 2026-09-14 | public.market_metric · stat_id=median_price_cut_pct · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=58 · complete_through=2026-09-13 · read 2026-09-14 | public.market_metric · stat_id=median_days_to_contract · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=130 · complete_through=2026-09-13 · read 2026-09-14 | public.listings, this listing · OnMarketDate 2026-04-28, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
“Fantastic professional service. Goes the extra mile to cover the needs of his customers. Always prompt with replies and providing up to date…”Paul Robinson
Listing courtesy of Signet Realty, agent Ali Stensgar-Alire, 541-350-4859
Data last updated September 15, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
