Property Description
Affordable investment opportunity with strong income potential and versatility. This property features three units including a duplex and a single wide manufactured home situated on over half an acre. The duplex offers two 2 bed, 1 bath units, each approximately 810 sq ft with attached carports and fenced yards, supported by a long term rental history. The manufactured home sits on its own approx. 10,000 sq ft lot, providing flexibility for additional income or future potential. Ideally located in the heart of Madras directly across from the high school, performing arts center and tennis courts, and close to shopping and local amenities, creating consistent rental appeal. Ample space, multiple income streams and potential for expansion make this a compelling option for investors or owner occupants looking to offset costs. Buyer to perform duediligence with the City regarding future opportunities.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: Signet Realty
Shown By
Agent Name: Elizabeth Ueland Principal Broker
Agent Phone: (310) 213-3151
Agency Title: Bend Premier Real Estate
Estimate Your Payment
Estimated Payment
$ 2,616.51 per month $2,224.37 Principal & Interest $263.83 Property Tax $128.30 Homeowner's InsuranceChange Payment Information
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| MLS# 220220195
This multi-family property located at , Madras, OR 97741 is currently listed for sale with an asking price of $439,900. Search Madras real estate on elizabethueland.bendpremierrealestate.com today.