316 SW 1ST St

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Address: 316 SW 1st St, Madras, OR 97741, USA
Seattle & Northwest + Apartment Buildings
Created date: October 15, 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 built in 1977 is one 2-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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $500,000
Year Built: 1944
Lot Size: 3,160.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 4
Address: 316 SW 1ST St, Madras, OR 97741, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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