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Madras,OR 97741
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 17,453 sqft
Price per Sqft $178
Subdivision Strawberry Heights
MLS Listing ID 220210755
Style Northwest
Condo Fees $300
HOA Fees $300
Year Built 2007
Annual Tax Amount $1,822
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 0.1
Property Sub-Type Multi Family
Property Description
Investment Opportunity! Thirteen townhomes in Madras offered together as a portfolio sale. All units are 100% occupied, bringing in $20,865 per month in rent with a consistent rental history. Seller would consider selling in groups of 4 units. Each property has been professionally maintained and is located near schools, parks, and community amenities. This is an ideal option for investors seeking immediate income and long-term growth potential in Central Oregon. Units may also be purchased in groups of four, allowing flexibility for portfolio diversification or step-in expansion. Detailed rent rolls, leases, and expense information available upon request. A rare chance to secure multiple income-producing assets in one offering.
Location
State OR
County Jefferson
Community Strawberry Heights
Interior
Heating Forced Air,Natural Gas
Cooling None
Exterior
Parking Features Attached,Driveway
Amenities Available Other
Roof Type Composition
Building
Lot Description Level
Foundation Stemwall
Water Public
Architectural Style Northwest
Level or Stories One,Two
Structure Type Frame
New Construction No
Schools
High Schools Madras High
Others
Senior Community No
Tax ID 15997
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard