1535 SW Highway 97, Madras, OR 97741
- $1,555,000
- List Price
- $1,555,000
- MLS#
- 220227963
- Status
- ACTIVE
- City
- Madras
- County
- Jefferson
- Year Built
- 1950
Property Description
Fantastic Central Oregon Investment Property - Fifteen (15) Units, fully leased, professionally managed apartment complex. Don't miss this rare opportunity to purchase rental property in Madras, OR. These properties offer strong rental history & immediate cash flow opportunity. Each unit is 2 bedroom / 1 bath with mini split HVAC, washer/dryer hookups (some units provided). Walking distance to shopping, restaurants and bus service to Bend/Redmond. Excellent potential for investors looking to expand their portfolio with reliable income producing properties in a mature market at a affordable purchase price.
Additional Information
- Taxes
- $14,441
- Acres
- 1.45
- Water
- Public
- Heating
- Baseboard, Wall Furnace, Other
- Foundation
- Stemwall
- Flooring
- Carpet, Vinyl
- Elementary School
- Buff Elementary
- Middle School
- Jefferson County Middle
- High School
- Madras High
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Listing courtesy of Willow Canyon Group.
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