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.
Active
$225,000
12 SW 2nd St, Madras, OR 97741
2beds
1baths
1,440sqft
Est.:
Single Family Residence
Built in 1953
10,018.8 Square Feet Lot
$222,600 Zestimate®
$156/sqft
$-- HOA
What's special
Separate yardLarge kitchenDual drivewaysOriginal hardwood floors
- 7 days
- on Zillow |
- 531 |
- 28 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 26, 2025 at 02:16pm
Listed by:
Windermere Realty Trust 541-923-4663
Source: Oregon Datashare,MLS#: 220206588
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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: 10,018.8 Square Feet
- 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 & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Madras
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $269,510
- Annual tax amount: $2,120
- Date on market: 7/26/2025
- Listing terms: Cash,Conventional
- Inclusions: Dishwasher, Range Oven, Fridge
- Exclusions: Tenant personal property.
- Road surface type: Paved
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