316 SW 1st Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 316 SW 1st St, Madras, OR 97741, USA
Seattle & Northwest + 2-4 Units
Created date: October 16, 2026
Date last updated: October 16, 2026
Price: $500,000Investment Analyzer NEW!

Property Description

Great rental investment property in Madras. There are 2 buildings, one built in 1944, a triplex with 1-two bedroom unit & 2-one bedroom units. The single unit is 1 - two bedroom unit. The vacancy rate is very low, demand is high. Fantastic opportunity to get in the investment property market and/or add to a portfolio. Seller prefers OREF forms. Showing of units requires an accepted offer. Walking the property and rent roll information available through listing agent.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $500,000
No. of Units: 4
Year Built: 1979
Lot Size: 3,250.00 Sq ft
Opportunity Zone: No
Price per unit: $125,000
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 4
Address: 316 SW 1st Street, Madras, OR 97741, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

798 Garfield Street

Idaho Falls, Idaho
Seattle & Northwest + 2-4 Units
Units: 3
Price: $325,000

Spokane, WA

Spokane, Washington
Seattle & Northwest + 2-4 Units
Units: 4
Price: $669,000

570 NW BIRDSDALE Ave

Gresham, Oregon
Seattle & Northwest + 2-4 Units
Units: 2
Price: $590,000

Brokers

View All

Lenders

View All