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6 Beds
4 Baths
3,160 sqft

$500,000

316 SW 1ST ST, Madras OR, 97741

Price per sqft$158.23
Built in1944
Property size3,160 sqft
Property typeMulti-family
Listing Courtesy of Emerald Coast Realty-Seal Rock, Geoff Groener. 541-390-4488

Overview

Active

Listed Oct 15, 2026

Updated 25h ago

Great rental investment property in Madras. There are 2 buildings, one built in 1944 a triplex with 1- two-bedroom unit & 2- one-bedroom units. The single unit built in 1977 is one 2-bedroom unit. The vacancy rate is very low, demand is high. Fantastic opportunity to get in the investment property market and/or add to a portfolio.

$3,327/mo

Est. mortgage payment based on a $500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
335689298

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.34 Acres

Other Property Details

Taxes
$2,078
Tax Frequency
Annually
View
Yes
MLS provider logo

Listing Courtesy of Emerald Coast Realty-Seal Rock, Geoff Groener. 541-390-4488

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Manor Homes are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 10/16/2026, 4:18 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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