Residential Rental Property Downtown Madras, adjacent to City Park and Splash Park. This property has 2 Duplexes on 1 tax lot with 4 residential units total, 100% occupied. Each unit is 921 sq. ft., 2 bedrooms and 1 bathroom. These properties are professionally managed, and upgrades were completed as required over the years. They have been kept up nice.
Location is perfect for walking, biking, close to all downtown services, library, banks, restaurants, parks, bike/walking trail, and schools. Only one owner since the property was developed. County ''real market value'' above listed price. Great opportunity for an investor to start or expand current residential rental investments.
Closed
$625,000
63 NW 7th St, Madras, OR 97741
8beds
3,684sqft
Quadruplex, Multi Family
Built in 1993
-- sqft lot
$629,700 Zestimate®
$170/sqft
$1,440 Estimated rent
Home value
$629,700
Estimated sales range
Not available
$1,440/mo
Zestimate® history
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$3,706/mo
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Zillow last checked:
Listing updated:
Listed by:
Willow Canyon Group 541-475-2220
Bought with:
eXp Realty, LLC
Source: Oregon Datashare,MLS#: 220205041
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator, Water Heater
Features
- Flooring: Carpet, Laminate, Vinyl, Other
- Windows: Vinyl Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,684
- Total interior livable area: 3,684 sqft
Property
Parking
- Parking features: Asphalt, On Street, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Exterior features: Courtyard
- Has view: Yes
- View description: City
Lot
- Size: 10,018 sqft
- Features: Landscaped, Level
Details
- Parcel number: 9207
- Zoning description: C2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex, Multi Family
Materials
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: No
- Year built: 1993
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Park, Playground, Trail(s)
Location
- Region: Madras
- Subdivision: Palmain
Other
Other facts
- Listing terms: Cash,Conventional,FHA,USDA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $625,000-7.4%$170/sqft |
Source:  Oregon Datashare #220205041 Report a problem | ||
| 9/12/2025 | Pending sale | $675,000$183/sqft |
Source: Oregon Datashare #220205041 Report a problem | ||
| 9/5/2025 | Price change | $675,000-3.4%$183/sqft |
Source: Oregon Datashare #220205041 Report a problem | ||
| 7/1/2025 | Listed for sale | $699,000$190/sqft |
Source: Oregon Datashare #220205041 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97741
Nearby schools
GreatSchools rating
- 2/10Madras Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Jefferson County Middle SchoolGrades: 6-8Distance: 1.1 mi
- 5/10Madras High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Madras Elementary
- Middle: Jefferson County Middle
- High: Madras High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$629,700
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+$12,594
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$642,294
- Oregon
- Jefferson County
- Madras
- 97741
- 63 NW 7th St
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