Madras Homes under $400,000

Welcome to Madras, Oregon – a charming city nestled in the heart of Jefferson County, where stunning landscapes meet a welcoming community. Known for its breathtaking views of the Cascade Mountains and the high desert, Madras boasts a unique blend of outdoor adventure and small-town charm. With a population that embraces its rich history and vibrant culture, residents enjoy a lifestyle that balances tranquility with the excitement of nearby recreational activities.

Madras is a haven for nature lovers and outdoor enthusiasts, offering year-round activities such as hiking, fishing, and biking. The nearby Lake Billy Chinook provides a perfect getaway for water sports and scenic picnics, while the city’s parks and trails invite you to explore the natural beauty that surrounds you. With a strong sense of community, Madras hosts various events and festivals throughout the year, making it an ideal place to connect with neighbors and create lasting memories.

For those seeking affordable housing options, Madras has a variety of homes available under $400,000. Whether you’re a first-time homebuyer or looking to downsize, you’ll find charming single-family homes, cozy townhouses, and spacious lots that offer the perfect canvas for your dream home. With a range of styles and sizes, there’s something for everyone in this picturesque city.

Discover the beauty, community spirit, and affordability that Madras has to offer. Your dream home awaits in this hidden gem of Oregon!

Newest Madras Homes under $400,000

$400,000

220230256 MLS

Nice 4-Plex on landscaped property with 1 & 2-Bedroom units / 1 Bathroom. Located near skate park and trail. The property is nicely landscaped with great rental history, fully leased. Built in 1950 and well maintained, owner was a contractor.

418 SW G Street, Madras

Listing courtesy of Willow Canyon Group.

$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.

$349,950

3 Beds ⋅ 2 Baths ⋅ 220230219 MLS

Don't miss your opportunity to own a warm and inviting 1,232 sq ft home on a fenced 0.23-acre corner lot. This 3-bedroom, 2-bath home features a huge open kitchen with beautiful white cabinets, sparkling quartz countertops, and spacious kitchen island with eating bar. Enjoy year-round comfort with heat and A/C. Efficient LED lighting and laminate flooring throughout. Plenty of additional parking adds flexibility for guests, or recreational equipment. Yard is fenced for pets, has an established lawn, covered rear patio, and garden area with mature raspberry, rose, and currant bushes. New roof in 2016, fresh paint inside and out in 2019, updated bathroom, and stainless-steel appliances. Built in 1994, this property offers a great combination of space, functionality, and value. Come see it for yourself--schedule your showing today! Rear utility shed, swing set, and all kitchen appliances are included!

786 NE Lakeside Drive, Madras

Listing courtesy of Keller Williams Realty Central Oregon.

$359,000

3 Beds ⋅ 2 Baths ⋅ 220230212 MLS

Well-maintained 3-bedroom, 2-bath home featuring updated flooring, fresh paint, and updated appliances. A two-car carport, garage with workshop, and storage shed provide ample space for parking, projects, and storage, with additional room for an RV or recreational toys. Enjoy the covered rear deck and patio, garden space, and fully fenced backyard--ideal for outdoor relaxation and entertaining. Turner Street frontage and rear alley access offer convenient entry to the property. Located in a quiet neighborhood, this inviting home offers a comfortable blend of indoor living, outdoor space, and practical amenities.

681 SE Turner Street, Madras

Listing courtesy of eXp Realty, LLC.

$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.

$315,000

3 Beds ⋅ 2 Baths ⋅ 220229950 MLS

New construction in Madras, Oregon, for $315,000! Scheduled for completion by the end of the year, this light and inviting 1,342-square-foot home will feature 3 bedrooms, 2 bathrooms, an attached garage, a dedicated laundry room, and a spacious kitchen with a center island. Planned finishes include quartz countertops, natural wood floor-to-ceiling soft-close cabinetry, commercial-grade LVP flooring throughout the main living areas, and carpet in the bedrooms. The primary suite will include a large walk-in closet and private bath with dual vanities. A sliding glass door off the living room provides easy access to the spacious backyard, perfect for outdoor entertaining. Both the front and backyards will feature grass and an underground sprinkler system, making it easy to enjoy your outdoor spaces from day one. Get in early and be part of the excitement of a brand-new build from the ground up. Don't miss your chance to make this new Madras home yours!

124 NE Jefferson Street, Madras

Listing courtesy of Scout Realty LLC.

$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.

$314,900

3 Beds ⋅ 1 Baths ⋅ 220228579 MLS

Updated over recent years with a warm, modern feel & plenty of flexibility! This single-level 3 bedroom, 1 bathroom home offers 1,496 sq ft with an inviting layout, updated flooring & carpet, lighting, kitchen with newer appliances & solid surface counters, plus an updated bathroom. Forced air, central air & a wood-burning fireplace provide year-round comfort. The enclosed garage offers additional living or flex space with potential to convert back to a single-car garage. Outside, the home has been refreshed with exterior paint, stucco-style finish, wood accent details & updated windows, giving it a clean, modern look. Enjoy a fully fenced .23-acre corner lot with mature trees & garden space. C2 commercial zoning adds possibilities for future business use. Located across from a city park & close to downtown Madras, this property offers comfort, character & opportunity!

86 NE B Street, Madras

Listing courtesy of Signet Realty.

$399,900

3 Beds ⋅ 3 Baths ⋅ 220228731 MLS

Built in 2022 and offering 1,714 sq ft of thoughtfully designed living space, this 3 bedroom, 2.5 bath home delivers the comfort, features & value today's buyers are looking for. Step inside to vaulted ceilings & an open, light-filled living area that flows into a crisp white kitchen with stainless steel appliances, generous storage & a large pantry. Forced air natural gas heat & A/C provide year-round comfort, while the spacious double-car garage adds everyday convenience. Upstairs you'll find a dedicated laundry room, two additional bedrooms and a comfortable primary suite featuring a walk-in closet, dual sinks and private bath. The front yard is landscaped, the property is fully fenced and the backyard is a blank canvas ready for your vision. Located in the desirable Morningcrest community near schools, trails, the aquatics center and community college. A newer home, great location and an opportunity worth seeing!

698 NE POSEY Court, Madras

Listing courtesy of Signet Realty.

$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.

$319,950

3 Beds ⋅ 2 Baths ⋅ 220228038 MLS

**LIMITED-TIME BUILDER INCENTIVES!** Choose a 5.99% interest rate (6.20% APR, 30-year fixed) OR 4.99% (6.158% APR, 5/6 ARM) at Haystack Butte and Sagebrook Estates! *Buyer must qualify; restrictions apply. Welcome to Sagebrook Estates! This thoughtfully designed home features an open great room with LVP flooring, plush carpet, and abundant natural light. The modern kitchen offers quartz countertops, stainless steel appliances, and ample storage. Enjoy year-round comfort with ductless heating and cooling, a tankless water heater, and ENERGY STAR® certification for improved energy efficiency. Additional highlights include a 2-car garage and professionally landscaped yard. Nestled in a peaceful Madras neighborhood just minutes from parks, schools, and local amenities, Sagebrook Estates offers the perfect blend of comfort, quality, and convenience. Don't miss this opportunity to own a beautiful, energy-efficient new home!

570 NE McGee Street, Madras

Listing courtesy of Windermere Realty Trust.

588 NE McGee Street 157 Unit 157, Madras

$364,950

3 Beds ⋅ 2 Baths ⋅ 220228037 MLS

588 NE McGee Street 157 Unit 157, Madras

Listing courtesy of Windermere Realty Trust.

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Madras Homes under $400,000

Newest Madras Homes under $400,000

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