Investment opportunity. Front house has 2 bedrooms, 1 bath, original hardwood floors, upstairs loft. Large kitchen. ADU is 1 bedroom, 1 bathroom, living room. Kitchen. Each space has its own separate yard. Located downtown close to parks and shopping, this is your perfect opportunity to create a rental income. All sitting on a large corner .23 of an acre lot with dual driveways for each address. Proprety is in the flood plain.
Closed
Zestimate®
$230,000
12 SW 2nd St, Madras, OR 97741
2beds
1baths
1,440sqft
Single Family Residence
Built in 1953
10,018.8 Square Feet Lot
$230,000 Zestimate®
$160/sqft
$1,423 Estimated rent
Home value
$230,000
Estimated sales range
Not available
$1,423/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 21, 2025 at 06:56pm
Listed by:
Windermere Realty Trust 541-923-4663
Bought with:
Keller Williams Realty Central Oregon
Source: Oregon Datashare,MLS#: 220206588
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Ductless, Electric
Cooling
- Ductless
Appliances
- Included: Dishwasher, Oven, Range, Refrigerator, Water Heater
Features
- Laminate Counters, Shower/Tub Combo
- Flooring: Carpet, Laminate
- Windows: Aluminum Frames, Vinyl Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 960
- Total interior livable area: 1,440 sqft
Property
Parking
- Parking features: Driveway, On Street, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Pool features: None
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,018 sqft
- Features: Corner Lot, Level
Details
- Parcel number: 9379
- Zoning description: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northwest
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Madras
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2025 | Sold | $230,000+2.2%$160/sqft |
Source:  Oregon Datashare #220206588 | ||
| 8/6/2025 | Pending sale | $225,000$156/sqft |
Source: Oregon Datashare #220206588 | ||
| 7/26/2025 | Listed for sale | $225,000-6.3%$156/sqft |
Source: Oregon Datashare #220206588 | ||
| 7/18/2024 | Listing removed | -- |
Source: Oregon Datashare #220180224 | ||
| 6/6/2024 | Price change | $240,000-3.6%$167/sqft |
Source: Oregon Datashare #220180224 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,120 +6.7% | $101,950 +3% |
| 2023 | $1,986 +1.5% | $98,990 +3% |
| 2022 | $1,957 +4.4% | $96,110 +3% |
Find assessor info on the county website
Neighborhood: 97741
Nearby schools
GreatSchools rating
- 2/10Madras Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Jefferson County Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Madras High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Madras Elementary
- Middle: Jefferson County Middle
- High: Madras High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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