Rare Opportunity in the Heart of Madras! Situated on a full acre within city limits, this charming 2-bedroom, 1-bath home offers unique potential for the savvy buyer or investor. The home features a dedicated laundry area, two storage buildings, and has been well loved over the years. Whether you're looking for a project home to make your own or exploring development possibilities, this property holds exciting promise. Check with the City of Madras regarding potential to subdivide. Please note: the home does not have a permanent foundation and will not qualify for traditional financing.
Active
$225,000
729 SE Grizzly Rd, Madras, OR 97741
2beds
574sqft
Est.:
Single Family Residence
Built in 1970
1 Acres Lot
$211,400 Zestimate®
$392/sqft
$-- HOA
What's special
Dedicated laundry areaTwo storage buildings
- 16 days
- on Zillow |
- 601 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 12:15am
Listed by:
Signet Realty 541-325-7550
Source: Oregon Datashare,MLS#: 220198059

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric, Zoned
Cooling
- None
Appliances
- Included: Oven, Range, Refrigerator, Water Heater
Features
- Primary Downstairs, Shower/Tub Combo
- Flooring: Carpet, Laminate, Vinyl
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 574
- Total interior livable area: 574 sqft
Property
Parking
- Parking features: Driveway, RV Access/Parking
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: City, Neighborhood, Territorial
Lot
- Size: 1 Acres
Details
- Additional structures: Shed(s)
- Parcel number: 13066
- Zoning description: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: None
- Roof: Composition
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Madras
Financial & listing details
- Price per square foot: $392/sqft
- Tax assessed value: $184,590
- Annual tax amount: $1,288
- Date on market: 4/10/2025
- Listing terms: Cash
- Road surface type: Paved
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