Opportunity to own income producing 6 plex in Madras, Central Oregon's most affordable place to live. Property consists of a fourplex and a duplex on a .34 acre lot. Each unit has 2 bedrooms and 1 bath. Well maintained property is fully rented with solid tenants. All units have a dedicated single car garage along with additional uncovered parking. Exterior painted October 2018.
Off market
Street View
$750,900
141 SE 8th St #173, Madras, OR 97741
12beds
6baths
5,920sqft
MultiFamily
Built in 1986
-- sqft lot
$750,900 Zestimate®
$127/sqft
$1,426 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Heating
- Electric
Cooling
- Wall
Features
- Flooring: Carpet, Laminate
Interior area
- Total interior livable area: 5,920 sqft
Property
Features
- Levels: Two
Lot
- Size: 0.34 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1986
Community & neighborhood
Location
- Region: Madras
Other
Other facts
- Construction: Frame
- Electric Company: PP&L
- Existing Water: City
- Exterior: Landscaped
- Foundation: Stemwall
- Sewer/Septic: City Sewer
- Sign On Property: Yes
- Terms: Cash, OWC, New Loan
- Water District: City
- Exempt: Yes
- Interior: Ceiling Fan, Master Ground Level
- Section: Other
- Status: Pending
- Region: Jefferson County
- Area: Palmain
- Levels: Two
- Property Subtype 1: Apartment