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$499,000
220207738 MLS
The key to any commercial space is location and this one has the best! Almost a full acre of fenced property and a large building right on Hwy 97. Great exposure for any business. Here is your chance to expand your existing business, start a new one, or collect rent from the current tenants. Whether you are an investor or an entrepreneur. this would make a good addition to any portfolio. Amazing development opportunity as the new zoning in Madras allows for new residential dwellings in commercial zones. Commercial properties in Madras don't come up very often so act fast. Buyer to do all due diligence on future intended uses. Seller is a licensed Oregon Broker.

780 SW 4th Street, Madras

Listing courtesy of Coldwell Banker Sun Country.

$4,900,000
220203015 MLS
**For Sale: Mini-Storage Investment - 1451 SW Olive St, Madras, OR** Turnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a **keypad entry automated gate**, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market. Room for additional growth up to 100 units.

1451 SW Olive Street, Madras

Listing courtesy of eXp Realty, LLC.

$689,000
3 Beds ⋅ 3 Baths ⋅ 220203016 MLS
Experience elevated luxury living with unobstructed Cascade Mountain views from this architect-designed custom home in Madras' prestigious Yarrow subdivision. Thoughtfully crafted with one-of-a-kind finishes and exceptional attention to detail, this open-concept residence features a chef's kitchen with stainless steel appliances, hardwood floors, heated tile floors in the primary bath, walk-in closets, and a heated garage. The spacious primary suite offers a sauna, dual vanities, porcelain walk-in shower, and direct access to a large weather-resistant aluminum deck with exposed beams--perfect for year-round entertaining and sunset views. Lower level offers potential for separate living quarters. Outside, enjoy a private courtyard, hot tub, xeriscaped landscaping, and RV/boat parking. Conveniently located near the Madras Aquatic Center and endless Central Oregon recreation.

454 SE Manzanita Drive, Madras

Listing courtesy of eXp Realty, LLC.

$999,000
4 Beds ⋅ 4 Baths ⋅ 220202636 MLS
Looking for privacy without sacrificing convenience? This stunning 79-acre estate offers the best of both worlds—seclusion and sweeping views, just minutes from town. Surrounded by open grasslands and bordered by National Forest, this one-of-a-kind property features a beautifully crafted 2,900 sq ft home with 3 bedrooms, 2.5 bathrooms, an office, and a versatile bonus room that can serve as a 4th bedroom. Enjoy panoramic 360-degree views from every window. A detached two-car garage includes a charming guest house—perfect for visitors or multi-generational living. The property also boasts a large RV garage/shop, fully insulated with a 50-amp hookup, concrete floors, and a durable metal roof—ideal for storing all your Central Oregon adventure gear. Lovingly built and meticulously maintained, this home offers the peace and space you've been dreaming of, all within easy reach of town amenities. Don't miss this unique opportunity to live your Central Oregon dream!

4647 SW Belmont Lane, Madras

Listing courtesy of eXp Realty, LLC.

$499,991
3 Beds ⋅ 3 Baths ⋅ 220202455 MLS
OPEN HOUSE MASSIVE PRICE IMPROVEMENT NOW $499,901 IT WONT LAST AT THIS PRICE! BEST VALUE FOR THE MONEY IN MADRAS. Masterfully designed 1,978 sq ft living space capturing breathtaking views of Mt. Jefferson, Mt. Hood, The Three Sisters! 3 bedrooms, Den ,Bonus room, 2.5 bathrooms, 12'x18' covered deck with cable railing, Covered front porch. Custom cabinets with 42'' uppers , Soft-close doors and drawers, Dedicated trash/recycling pullouts, Crown molding, Full tile backsplash, Quartz countertops, Stainless gas appliance package. Oversized garage with epoxy finish. Laminate vinyl plank flooring throughout main living areas, Full wood-wrapped windows, 6'' baseboards, Christmas outlets in eaves, Gas BBQ connection, Air conditioning, Professional landscaping.

420 SE Manzanita Drive, Madras

Listing courtesy of Berkshire Hathaway HomeService.

$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.

$295,000
220171623 MLS
Attention builders, developers, and investors! Now priced at $295,000, that's under $30K per lot for this 10-parcel development opportunity. Zoned R-2, the property supports single-family, multi-family, manufactured homes, and other high-density uses. Sewer has been extended to the street, with water and power available. Prime location within Madras city limits, close to the hospital, shopping, dining, and more. Potential for city and mountain views. Buyers to verify all development possibilities and SDC fees with the City of Madras.

NE Polk Street, Madras

Listing courtesy of Cascade Hasson SIR.

$74,000
220179636 MLS
Nice large lot with a fantastic Cascade Mountain view in Yarrow. The Madras Aquatic Center is only feet away. Located close to all of the schools, COCC, parks and trails. This is s great neighborhood ready for your enjoyment. This lot is priced to sell. Call your realtor today and don't miss out.

3500 SE Larkspur Drive SE, Madras

Listing courtesy of eXp Realty, LLC.

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