1535 Highway 97, Madras, OR 97741
See all 12 photos
1535 Highway 97, Madras, OR 97741
1535 Highway 97, Madras, OR 97741
1535 Highway 97, Madras, OR 97741
1535 Highway 97, Madras, OR 97741
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,555,000
Est. payment /mo
Save
Active

1535 Highway 97 Madras, OR 97741

14,408 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,408 sqft

Price per Sqft $107

Subdivision Manathiela

MLS Listing ID 220227963

Style Traditional

Year Built 1950

Annual Tax Amount $14,441

Lot Size 1.450 Acres

Acres 1.45

Lot Dimensions 1.45

Property Sub-Type Multi Family

Property Description

Fantastic Central Oregon Investment Property - Fifteen (15) Units, fully leased, professionally managed apartment complex. Don't miss this rare opportunity to purchase rental property in Madras, OR. These properties offer strong rental history & immediate cash flow opportunity. Each unit is 2 bedroom / 1 bath with mini split HVAC, washer/dryer hookups (some units provided). 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 a affordable purchase price.

Location

State OR

County Jefferson

Community Manathiela

Direction US HWY 97 in south Madras at the corner us SW Brush Lane, property is on the south side of Brush Lane and along the front of US Hwy 97.

Rooms

Basement None

Interior

Interior Features Laminate Counters, Linen Closet, Open Floorplan, Shower/Tub Combo

Heating Baseboard, Wall Furnace, Other

Cooling Ductless, Other

Window Features Aluminum Frames,Vinyl Frames

Exterior

Parking Features Asphalt, Driveway, On Street

Roof Type Composition

Building

Lot Description Corner Lot, Landscaped, Sloped

Foundation Stemwall

Water Public

Architectural Style Traditional

Level or Stories One, Two

Structure Type Block,Frame

New Construction No

Schools

High Schools Madras High

Others

Senior Community No

Tax ID 1828

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Willow Canyon Group
Corey Hanson

Corey Hanson

Agent License ID: 201230582

+1(541) 241-9149

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

1535 Highway 97