Overview
- 14008 Sqft
- 1950
- MultiFamily
- 173981808
- 1.45 Acres
- Emerald Coast Realty-Seal Rock
- Geoff Groener
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.
Details
Updated on September 3, 2026 at 12:33 am-
MLS# 173981808
-
Price $1,555,000
-
Property Size 14008 Sqft
-
Land Area 1.45 Acres
-
Garage Size x x
-
Year Built 1950
-
Property Type MultiFamily
-
Property Status Active
-
Office Name Emerald Coast Realty-Seal Rock
-
Agent Name Geoff Groener
-
Office Phone 541-283-3589
Additional details
-
Listing Terms Cash, Conventional
-
Roof Composition
-
Sewer Public Sewer
-
Cooling Mini Split
-
Heating Baseboard, Wall Furnace
-
County Jefferson
-
Property Type MultiFamily
-
Parking On Street, Open
-
Elementary School Madras
-
Middle School Jefferson Co
-
High School Madras
-
Community Features All Landscaping
Walkscore
Mortgage Calculator
Monthly
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
PMI
-
Monthly HOA Fees
Contact Information
Similar Listings
4 hours ago
- SingleFamilyResidence, Residential
- $454,995
- $464,995
4 hours ago
- Commercial, Commercial Sale
- $4,900,000
- $5,200,000
4 hours ago
Disclaimer (Because Lawyers Are Fun):
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified.
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified. 
