1535 SW HIGHWAY 97

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Address: 1535 US-97, Madras, OR 97741, USA
Seattle & Northwest + Apartment Buildings
Created date: September 6, 2026
Date last updated: September 14, 2026
Price: $1,555,000Investment Analyzer NEW!

Property Description

Fantastic Central Oregon Investment Opportunity - Fifteen Unit (15) Fully Leased Apartment Complex. Don't miss this rare chance to purchase rental property in Madras, OR. These properties offer strong rental history & immediate cash flow opportunity. Each unit is 2 bedrooms/1 bath with mini split HVAC, washer/dryer hookups. 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 an affordable purchase price.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,555,000
No. of Units: 15
Year Built: 1950
Lot Size: 14,008.00 Sq ft
Opportunity Zone: No
Price per unit: $103,667
Property Website Click Here
Number of Bedrooms: 8
Number of Bathrooms: 4
Address: 1535 SW HIGHWAY 97, Madras, OR 97741, USA
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Step 4Final Deal Analysis

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