● Active
$300,000
575 SW Madison Street, Madras, OR 97741
8.0
beds
3.0
baths
3,632
sqft
Property Type
Single Family Residence
Single Family Residence
Built
1948
1948
Lot Size
0.26 Acres
0.26 Acres
Property Highlights
R-2 Multifamily zoning offers a unique investment and value-add opportunity in the heart of Madras. This property features one completed and livable unit, while the additional units are ready for the next owner to finish and customize. The unfinished units includes a completed exterior along with rough framing, rough electrical, and rough HVAC already in place, providing a significant head start toward completion.
The county has this listed as an 8 bedroom, 3 bath. Currently 1 unit is complete featuring 2 bedrooms and 1 bath. 8 bed potential once project is completed.
With much of the groundwork already completed, this is a rare opportunity to finish this multifamily unit to your specifications and capitalize on the growing demand for housing in Central Oregon. Buyer to perform all due diligence regarding permits, approvals, zoning, and requirements for completion of the unfinished portion.
The county has this listed as an 8 bedroom, 3 bath. Currently 1 unit is complete featuring 2 bedrooms and 1 bath. 8 bed potential once project is completed.
With much of the groundwork already completed, this is a rare opportunity to finish this multifamily unit to your specifications and capitalize on the growing demand for housing in Central Oregon. Buyer to perform all due diligence regarding permits, approvals, zoning, and requirements for completion of the unfinished portion.
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Facts & features
Bedrooms
8.0
8.0
Bathrooms
3.0
3.0
Square Feet
3,632
3,632
Listed By
Windermere Realty Trust
bbarany46@gmail.com
Windermere Realty Trust
bbarany46@gmail.com
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Data source: Oregon Data Share LLC.IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS.