1535 US-97, Madras, OR 97741
See all 20 photos
1535 US-97, Madras, OR 97741
1535 US-97, Madras, OR 97741
1535 US-97, Madras, OR 97741
1535 US-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
Jared Hambrook

Jared Hambrook

+1(503) 930-2124
$ 1,555,000
Est. payment /mo
Save
Active

1535 US-97 Madras, OR 97741

30 Beds

15 Baths

14,008 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,008 sqft

Price per Sqft $111

MLS Listing ID 26-2338

Style Traditional

Bedrooms 30

Full Baths 15

HOA Y/N No

Year Built 1950

Annual Tax Amount $14,441

Tax Year 2025

Lot Size 1.450 Acres

Acres 63162.0

Property Sub-Type Multi Family

Source Oregon Coast Multiple Listing Service

Property Description

Fantastic Central Oregon Investment Opportunity - Fifteen Unit (15) Fully Leased Apartment Complex. Don't miss this rare chance to purchase rental property in Madras, OR. These properties offer strong rental history & immediate cash flow opportunity. Each unit is 2 bedrooms/1 bath with mini split HVAC, washer/dryer hookups. 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 an affordable purchase price.

Location

State OR

County Jefferson

Zoning MU - Mixed Use

Direction From Hwy 97, take the SW Brush Lane turn, property is on the right side. Brush Lane Apartments.

Interior

Heating Baseboard, Wall Furnace, Other

Cooling Ductless, Other

Flooring Carpet, Laminate, Vinyl

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Other

Roof Type Composition

Garage No

Building

Foundation Other

Water Private

Architectural Style Traditional

New Construction No

Others

Senior Community false

Tax ID 1828

Special Listing Condition Standard

Lincoln County MLS Oregon / OREGON COAST MLS
Listed by Emerald Coast Realty - Depoe Bay

NEARBY SCHOOLS & PROPERTIES

Jared Hambrook

Jared Hambrook

Principal Broker License ID: 201211534

+1(503) 930-2124

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Jared Hambrook, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1535 US-97

QUICK SEARCH
There are 27 quick searches