Great investment property!!! Two rentals on one lot. The property is in good condition. Located on a busy corner of highway 97 and Oak Street in North Madras. Main house totally remodeled and in excellent condition. The house is vacant and ready to show. The smaller rental is currently leased. Zoned highway commercial, so someday could be used as commercial if desired. The main house is 947 square feet, the other is 378 square feet. The larger house has a new gas furnace. Call your favorite realtor today and start, or grow, your investment portfolio.
Active
$315,000
66 NE Oak St, Madras, OR 97741
2beds
0baths
1,325sqft
Est.:
Duplex, Multi Family
Built in 1949
-- sqft lot
$-- Zestimate®
$238/sqft
$-- HOA
What's special
Busy cornerNew gas furnace
- 386 days
- on Zillow |
- 237 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 09:23am
Listed by:
eXp Realty, LLC 888-814-9613
Source: Oregon Datashare,MLS#: 220178561

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Forced Air, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Oven, Range, Refrigerator, Water Heater
Features
- Laminate Counters, Shower/Tub Combo
- Flooring: Carpet, Vinyl
- Windows: Aluminum Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,325
- Total interior livable area: 1,325 sqft
Property
Parking
- Parking features: Driveway, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: City, Neighborhood
Lot
- Size: 9,147.6 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 9064
- Zoning description: C1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Water Meter
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Bone Addition
HOA
- Has HOA: No
Location
- Region: Madras
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $282,930
- Annual tax amount: $2,061
- Date on market: 2/19/2025
- Listing terms: Cash,Conventional
- Inclusions: stove/oven, refrigerator
- Road surface type: Paved
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