Madras Homes under $300,000

Welcome to Madras, Oregon – a hidden gem nestled in the heart of Jefferson County, where the breathtaking beauty of the high desert meets a vibrant community spirit. Known for its stunning landscapes, Madras is surrounded by the majestic Cascade Mountains, offering residents a plethora of outdoor activities, from hiking and biking to fishing and bird-watching. The region is also home to the stunning Crooked River, which provides a tranquil backdrop for leisurely strolls and family picnics.

Madras boasts a rich cultural heritage, blending the charm of small-town living with modern conveniences. The downtown area features delightful local shops, cozy cafes, and a thriving arts scene, making it a perfect place for families and individuals alike to call home. With a strong sense of community and numerous events throughout the year, including the popular Madras Rodeo, there’s never a dull moment in this lively town.

For those seeking affordable housing options, Madras is an excellent choice, with homes available for under $300,000. This unique opportunity allows first-time buyers, families, and retirees to invest in their dream home without breaking the bank. Whether you’re looking for a quaint cottage or a spacious family home, Madras offers a variety of real estate options to fit your needs and budget.

With its stunning scenery, welcoming community, and affordable housing, Madras, Oregon, is truly a place where you can live, thrive, and create lasting memories. Explore the possibilities today and discover your perfect home in this enchanting town!

Newest Madras Homes under $300,000

$225,000

2 Beds ⋅ 1 Baths ⋅ 220228946 MLS

Affordable opportunity with excellent sweat-equity potential! This 2-bedroom, 1-bath home, features vinyl windows, a newer roof installed within the past few years, a spacious attic for storage, a covered carport, and an enclosed storage area. Two driveways provide convenient access from SW Adrian Street and SW Murry Street. The property needs additional work and cleanup but offers strong potential for a buyer ready to make improvements and add value. Current zoning may allow additional dwelling units to be constructed on the property. Buyers should contact the City of Madras to verify permitted uses, development requirements, and available utilities. All personal property remaining on the premises will be included in the sale and will not be removed by the seller before closing. Don't miss this opportunity - submit your offer promptly! Per County effective year built, is 1975.

1211 SW Adrian Street, Madras

Listing courtesy of eXp Realty, LLC.

$265,000

3 Beds ⋅ 2 Baths ⋅ 220228138 MLS

An unexpected change in the seller's circumstances has brought this recently purchased home back to the market. Move-in ready and thoughtfully updated, this 3-bedroom, 2-bath home features fresh interior paint, newer appliances and two spacious decks ideal for relaxing or entertaining. All polybutylene plumbing has been professionally replaced, providing added peace of mind. Situated on a private dead-end street, the fully fenced property offers beautiful views, room for animals and potential space for a shop or garage. The home is set on a full concrete slab with tie-downs for added stability. A wonderful combination of privacy, functionality and value.

101 NE Daisy Street, Madras

Listing courtesy of Cascade Hasson SIR.

$299,900

5 Beds ⋅ 2 Baths ⋅ 220228049 MLS

Tucked into the heart of Central Oregon, in the quiet neighborhood of the Pines of Madras, sits this 5 bed, 2 bath move-in ready home. Open-concept great room w/cozy corner gas-burning fireplace & mantle, where an abundance of natural light pours in to create an easy, welcoming flow. Open kitchen ftrs central island w/brkfst bar seating, & addtnl eating area -- ideal for entertaining family & friends on the lower level. Primary suite on the main floor, complete w/shower + tub combo & spacious walk-in closet. 4 addtnl bedrooms offer an abundance of flexible living space -- perfect for guests, a home office, hobbies, or growing family needs. Dedicated laundry room adds everyday convenience & extra storage. Unwind on the covered back patio, perfect for entertaining or relaxing. Storage shed out back offers additional space for tools or storage, & smart-home features throughout add peace of mind + modern convenience. Quick access to Hwy 97 & close to schools + walking trails.

485 SE Ponderosa Drive, Madras

Listing courtesy of Keller Williams Realty Central Oregon.

$259,900

3 Beds ⋅ 2 Baths ⋅ 220225997 MLS

3 Bedroom, 2 full bath, 1080 SF double wide manufactured in great location in Madras with walking distance to grocery, hardware, restaurants, park, and several schools. Move-in ready with new paint inside and out, new light fixtures, touched up trim, all appliances included, new dual-flush toilets, new door handles, new light fixtures, and all window shades included for privacy. Nice sized backyard for kiddos or animals and a storage shed for lawn equipment and toys. Well priced for immediate sale for starter home OR as rental income property. Contact your favorite agent and book a viewing. This one won't last long.

623 SW 2nd Street, Madras

Listing courtesy of Lake Chinook Realty.

$250,000

3 Beds ⋅ 3 Baths ⋅ 220224121 MLS

Move right into this beautifully updated 3-bedroom, 2-bath home in the desirable Strawberry Heights community in Madras! Thoughtfully updated between 2022 and 2023, this home features a renovated kitchen with updated stainless steel appliances, new flooring, and fresh interior paint, creating a modern, move-in-ready feel. The functional floor plan offers comfortable living, while the attached 1-car garage and additional driveway parking provide everyday convenience. The washer and dryer are included, making your move even easier. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this well-maintained home offers exceptional value in a convenient location close to schools, shopping, parks, and other local amenities.

402 SE Carmen Way, Madras

Listing courtesy of Century 21 Northstar.

$249,000

3 Beds ⋅ 2 Baths ⋅ 220223957 MLS

Opportunity awaits in the heart of Madras! This updated 3-bedroom, 2-bath manufactured home offers 1,248 sq. ft. of comfortable living space situated on approximately 0.57 acres across multiple tax lots. Recent updates include flooring, refreshed kitchen cabinetry, updated bathroom vanities, and modern appliances. The spacious floor plan features large living areas, generously sized bedrooms, a dedicated laundry room, and a cozy wood stove that adds warmth and character. Outside, mature trees provide shade and privacy while the property's combined GP buildings offer approximately 1,920 square feet of additional space for storage, workshop use, hobbies, equipment, or future projects. With room to spread out both inside and out, this property provides flexibility and functionality that is difficult to find. Conveniently located near schools, shopping, and community amenities, this property combines affordability, versatility.

150 NE Cleveland Street, Madras

Listing courtesy of Cascade Hasson SIR.

$300,000

8 Beds ⋅ 3 Baths ⋅ 220223781 MLS

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.

575 SW Madison Street, Madras

Listing courtesy of Windermere Realty Trust.

$295,999

3 Beds ⋅ 2 Baths ⋅ 220221701 MLS

Seller needs to relocate out of state! Priced to sell fast! Seller offing a credit for a 2/1 temporary buydown. Welcome home to this beautiful & inviting 3 bed, 2 bath home in The Pines! The thoughtfully designed open floorplan creates a warm, spacious feel, w/ a bright great room featuring abundant natural light & vaulted ceilings- perfect for relaxing or entertaining. Enjoy several recent upgrades, including new flooring & fresh paint throughout, giving the home a clean, modern, move-in ready feel. The oversized 2 car garage provides plenty of room for vehicles, storage, or hobbies, while the expansive driveway offers parking for up to 4 additional cars. The fenced backyard offers a private, low-maintenance outdoor space to enjoy. Located near scenic walking & biking trails, schools, & parks, this home combines comfort & convenience in a great Madras location. Come see all this wonderful home has to offer & discover why The Pines is a great place to call home.

577 SE Sugar Pine Way, Madras

Listing courtesy of Coldwell Banker Sun Country.

$264,000

3 Beds ⋅ 3 Baths ⋅ 220218480 MLS

Spacious and inviting home featuring an open-concept layout perfect for everyday living and entertaining. The bright kitchen offers ample cabinet space, a center island with seating, and flows seamlessly into the dining and living areas. Upstairs you'll find generously sized bedrooms, including a large primary suite with vaulted ceilings and plenty of room to unwind. Natural light fills the home through multiple windows, creating a warm and welcoming atmosphere throughout. The versatile layout includes additional living space ideal for a home office, playroom, or media area. Fully fenced backyard offers space to relax or entertain. Conveniently located near parks, schools, and local amenities. Great opportunity for a first-time homebuyer or investment property.

897 SE Kierra Place, Madras

Listing courtesy of Cascade Hasson SIR.

$200,000

2 Beds ⋅ 3 Baths ⋅ 220210979 MLS

Brand new 2 bed, 2.5 bath home - move-in ready Spring 2026. New construction home by Thistle & Nest designed w/ comfort, quality, & energy efficiency in mind. Feat. incl. James Hardie siding, composition roof w/ lifetime warranty, & solar ready setup. Interior highlights incl. triple pane windows, upgraded insulation, high efficiency heat pump, & ERV fresh air recovery system. Equipped w/ Energy Star appliances, 100% LED lighting, & advanced air sealing for improved energy performance. Exterior features low maintenance landscaping w/ irrigation, fenced yard, & covered parking w/ storage. This home is part of Thistle & Nest's Affordable Housing Program & offered w/ 99 year renewable ground lease. Buyer households must earn less than 80% of area median income for Jefferson Co., qualify for home loan & meet other program requirements. Listed price reflects estimated effective cost after down payment assistance & may vary based on loan pre approval. For details visit Thistleandnest.org

894 SE Aquila Drive, Madras

Listing courtesy of Coldwell Banker Sun Country.

$275,000

3 Beds ⋅ 2 Baths ⋅ 220202065 MLS

Price reduced for quick sale. Owner had to move out of state for family reasons. This is your chance to purchase an affordable home in a lovely location. Close to the Golf Course. Large living/dining room. Upgraded kitchen with ample cabinets. Under the carpet is beautiful hardwood floors. Ample off-street parking. Fenced in front yard. Call your agent today for a showing.

1034 NW Golf Course Drive, Madras

Listing courtesy of eXp Realty, LLC.

$225,000

2 Beds ⋅ 1 Baths ⋅ 220198059 MLS

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.

729 SE Grizzly Road, Madras

Listing courtesy of Signet Realty.

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