Great investment property or starter home with income for new buyer. This fully rented duplex on a corner lot has a great in town location & potential for higher returns with improvements to duplex or adding additional units (up to 4 units with C-3 zoning on .172 Acres) duplex is professionally managed for hands off investor portfolio, current tenants on lease would like to stay.
Closed
$309,000
625 SE Commerce St, Madras, OR 97741
4beds
0baths
1,680sqft
Duplex, Multi Family
Built in 1968
-- sqft lot
$317,800 Zestimate®
$184/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: November 06, 2024 at 07:33pm
Listed by:
Team Birtola High Desert 541-312-9449
Bought with:
Windermere Realty Trust
Source: Oregon Datashare,MLS#: 220165643

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Oven, Range, Refrigerator, Water Heater
Features
- Laminate Counters
- Flooring: Carpet, Vinyl
- Windows: Vinyl Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,680
- Total interior livable area: 1,680 sqft
Property
Parking
- Parking features: Alley Access, Driveway, Gravel, No Garage, Shared Driveway, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Neighborhood, Territorial
Lot
- Size: 7,840 sqft
- Features: Corner Lot, Level
Details
- Parcel number: 1474
- Zoning description: C3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Madras
- Subdivision: Wistful Vista
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Services availability

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