6 Beds
4 Baths
3,250 sqft
$500,000
316 SW 1st Street, Madras OR, 97741
Price per sqft$153.85
Built in1979
Property size3,250 sqft
Property typeMulti-family
Overview
Active
Listed Oct 16, 2026
Updated 22h ago
Great rental investment property in Madras. There are 2 buildings, one built in 1944, a triplex with 1-two bedroom unit & 2-one bedroom units. The single unit is 1 - two bedroom unit. The vacancy rate is very low, demand is high. Fantastic opportunity to get in the investment property market and/or add to a portfolio. Seller prefers OREF forms. Showing of units requires an accepted offer. Walking the property and rent roll information available through listing agent.
$3,327/mo
Est. mortgage payment based on a $500,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 26-2737
Interior Features
- Bedrooms
- 6
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.34 Acres
Other Property Details
- Taxes
- $2,078
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of Emerald Coast Realty - Depoe Bay
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Audra Powell Broker, CRS shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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