272 & 324 NE Leo Street

Madras, OR
$ 375,000 Beds 6 Baths 3 Sq 3,813
Monthly Estimate* How much can I afford?

This is a great investment opportunity. Two tax lots, 61,420 sq. ft. of land. Tax Lots 1113336DC 502 & 600. Gross income of $42,000 a year from four rentals. One stick built home, two manufactured homes and RV Space with a utility pad. Room for more dwellings if annexed into the city limits these types of properties are hard to find. No showings until an accepted offer. Call your favorite realtor today and don't miss out!!

Multi-Family

  • Price
  • $ 375,000
  • Lot Size
  • 1.41 Acres
  • Bedrooms
  • 6
  • Sqr Footage
  • 3,813
  • Full Bathrooms
  • 3
  • Year Built
  • 1950
  • Half Bathrooms
  • 0
  • City, Zip
  • Madras
  • Taxes
  • 2123
  • County
  • JEFFERSON
  • Style
  • Traditional
  • Area
  • MLS#
  • 220118772
  • Zip
  • 97741
Listing Provided by: Dick Dodson Realty
Data Source: Multiple Listing Service of Central Oregon

Features

General

# Of Units Total 3
Additional Features Separate Electric Meters
Appliances Oven, Range, Refrigerator
Arch Style Traditional
Association? No
Construction Materials Frame, Manufactured House
Cooling None
Flooring Carpet, Vinyl
Heating Electric, Other, Pellet Stove
Levels One
New Construction Y/N No
Property Type C
Roof Composition
Section Not Applicable
Security Features Smoke Detector(s)
Sewer Septic Tank, Standard Leach Field
Sub Type Multi Family
Subdivision Name Madras
View Territorial
Zoning RR-5

Interior Features

Basement None
Common Walls No Common Walls
Interior Features Laminate Counters
Window Features Aluminum Frames

Exterior Features

Foundation Stemwall
Lot Description Level
Lot Size Acres 1.41
Lot Size Square Feet 61420.00
Parking Details: # Of Other Parking 10
Parking Features Driveway, No Garage
Road Surface Type Gravel
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bend, OR office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Madras Elementary
Middle School Jefferson County Middle
High School Madras High

Price History

3/22/2021 Listed $400,000
4/9/2021 7% - $375,000

Property vs Zip Code Average in 97741

Price
AVG $300K
$380K
Taxes
AVG $1,938
$2,123
Visits
AVG 78
67
Year Built
AVG 1937
1950
Walkscore
AVG 47
16
Data Provided by Walkscore ® not using MLS data

Map

272 & 324 NE Leo Street Madras, OR is a Single Family Home for sale at $375000 with 3813 sqft and a lot size of 1.41 Acres Acre(s). 272 & 324 NE Leo Street Madras has 6 bedrooms, 3 baths and was built in 1950. The property's zip code is 97741 which is in Madras, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.