272 & 324 NE Leo Street Madras, OR
$ 375,000
Property Attributes
  • MLS#220118772
  • TypeMulti-Family
  • CityMadras
  • NeighborhoodMadras
  • Zip97741
  • StyleTraditional
  • Year Built1950
  • Taxes$ 2123
  • Price$ 375,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3813
  • Lot Size1.41 Acres
Listing Provided Courtesy Of:
Dick Dodson Realty
Data Source:
MLS of Central Oregon (MLSCO) - 61 - OR
Property Description

This is a great investment opportunity. Two tax lots, 61,420 sq. ft. of land. Tax Lots 1113336DC 502 & 600. Gross income of $42,000 a year from four rentals. One stick built home, two manufactured homes and RV Space with a utility pad. Room for more dwellings if annexed into the city limits these types of properties are hard to find. No showings until an accepted offer. Call your favorite realtor today and don't miss out!!

Elementary School Middle School High School
Madras Elementary Jefferson County Middle Madras High
Price History
3/22/2021 Listed $400,000
4/9/2021 7% - $375,000
4/12/2021 7% - $350,000

General Features

# Of Units Total 3
Additional Features Separate Electric Meters
Appliances Oven, Range, Refrigerator
Arch Style Traditional
Association? No
Basement None
Construction Materials Frame, Manufactured House
Cooling None
Flooring Carpet, Vinyl
Heating Electric, Other, Pellet Stove
Levels One
New Construction Y/N No
Property Type C
Roof Composition
Section Not Applicable
Security Features Smoke Detector(s)
Sewer Septic Tank, Standard Leach Field
Sub Type Multi Family
Subdivision Name Madras
View Territorial
Zoning RR-5

Interior Features

Common Walls No Common Walls
Interior Features Laminate Counters
Window Features Aluminum Frames

Exterior Features

Foundation Stemwall
Lot Description Level
Lot Size Acres 1.41
Lot Size Square Feet 61420.00
Parking Details: # Of Other Parking 10
Parking Features Driveway, No Garage
Road Surface Type Gravel
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 97741

AVG $350K
AVG $2,335
AVG 111
Year Built
AVG 1979
AVG 21
Data Provided by Walkscore ® not using MLS data