Madras Homes under $300,000

Madras Homes under $300,000

Welcome to Madras, Oregon, a hidden gem nestled in the heart of Jefferson County. This charming city, surrounded by stunning landscapes, offers a unique blend of small-town warmth and outdoor adventure. With its breathtaking views of the Cascade Mountains and the Deschutes River, Madras is a haven for nature lovers and outdoor enthusiasts alike. Here, you can enjoy activities such as hiking, fishing, and camping, all while basking in the beautiful high desert climate.

One of the most attractive features of Madras is its affordable housing market. If you’re seeking a place to call home without breaking the bank, you’ll be pleased to discover a variety of homes available for under $300,000. These properties offer great value, with options ranging from cozy single-family homes to charming townhouses, perfect for first-time buyers or those looking to downsize. With a tight-knit community and a welcoming atmosphere, Madras is an ideal place to settle down and create lasting memories.

In addition to its affordable housing, Madras boasts a vibrant downtown area filled with local shops, restaurants, and community events that foster a strong sense of belonging. The city is also home to excellent schools and recreational facilities, making it a fantastic choice for families.

Whether you’re drawn to the stunning landscapes, the rich community spirit, or the affordable real estate options, Madras, Oregon, offers a delightful lifestyle that’s hard to resist. Come explore what this enchanting city has to offer and find your perfect home today!

Newest Madras Homes under $300,000

114 NE Jefferson Street, Madras
$199,000
2 Beds ⋅ 2 Baths ⋅ 220230241 MLS
Freshly updated and move-in ready! This 2-bedroom, 2-bath home offers 1,344 square feet of living space on .19 acre of land. Recent improvements include new interior and exterior paint, new flooring throughout, and a freshly tiled shower. Inside, you'll find a spacious living room, a generously sized kitchen with a center island, and a large laundry room with plenty of room for storage. Outside, the property offers ample parking and convenient access to nearby town amenities. With many of the updates already completed, this home is a great opportunity for a first-time buyer, investor, or anyone looking for an affordable place to call home. Property is being sold as-is. Schedule your showing today! Conventional lending is available!

114 NE Jefferson Street, Madras

Listing courtesy of Scout Realty LLC.

302 SE Leisek Way, Madras
$259,000
3 Beds ⋅ 2 Baths ⋅ 220229952 MLS
Space to gather, room to unwind and the convenience of single-level living. An open kitchen, dining area and great room keep daily life connected and make hosting easy. Outside, a private side patio and fully fenced backyard offer space to garden, play with pets or soak up the Central Oregon sunshine. The spacious primary suite includes a private bath, walk-in closet and a versatile nook for reading or a home office. Two additional bedrooms and a second full bath provide flexibility for guests, hobbies or everyday needs. Vaulted Ceilings give this home a large feel. An oversized two-car garage adds ample room for storage and outdoor gear. Move-in ready with a practical layout, this home makes comfortable Madras living easy.

302 SE Leisek Way, Madras

Listing courtesy of Cascade Hasson SIR.

1211 SW Adrian Street, Madras
$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.

485 SE Ponderosa Drive, Madras
$294,900
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.

623 SW 2nd Street, Madras
$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.

150 NE Cleveland Street, Madras
$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.

575 SW Madison Street, Madras
$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.

512 SE Ponderosa Drive, Madras
$299,999
3 Beds ⋅ 2 Baths ⋅ 220222491 MLS
Welcome to this charming 2005-built home offering 3 bedrooms, 2 bathrooms, and 1,416 sq. ft. of comfortable living space on a .16-acre lot. Featuring an inviting open floor concept with vaulted ceilings, this home feels bright, spacious, and perfect for both everyday living and entertaining. The thoughtfully designed layout provides seamless flow between the living, dining, and kitchen areas. Enjoy the added value and energy efficiency of a newly installed (2023) solar system and panels, helping reduce utility costs while supporting sustainable living. This property combines comfort, functionality, and modern upgrades in a desirable package.

512 SE Ponderosa Drive, Madras

Listing courtesy of Mariposa Real Estate Corp..

577 SE Sugar Pine Way, Madras
$289,999
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.

897 SE Kierra Place, Madras
$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.

894 SE Aquila Drive, Madras
$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.

1034 NW Golf Course Drive, Madras
$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.

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