Closed

$262,500

748 SW Madison St, Madras, OR 97741

2beds

2baths

1,050sqft

Single Family Residence

Built in 2025

3,484 Square Feet Lot

$262,800 Zestimate^®

$250/sqft

$1,803 Estimated rent

Home value

$262,800

$250,000 - $276,000

$1,803/mo

Zestimate^® history

Owner options

List your home for rent

$1,803/mo

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$1,803/mo

Rent Zestimate^®

Refinance and save

$1,587/mo

Est. payment

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$1,587/mo

Est. payment

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What's special

Exceptional Value - Brand New 2-Bedroom, 2-Bath Home w/great finishes. Now is your chance to own a beautifully designed home at a fraction of the typical price. This 1,050 sq. ft. residence showcases quality craftsmanship, modern layout & a host of upgrades-making it an unbeatable opportunity for both first-time buyers & savvy investors. Step inside to a bright, open-concept living space that connects the kitchen, dining & living areas—ideal for everyday comfort or entertaining guests. The kitchen features quartz countertops, stainless steel appliances & comes fully equipped with a refrigerator, range, microwave, washer & dryer. The fenced backyard adds privacy & functionality, perfect for pets, gatherings, or gardening. Looking for a multi-generational solution or investment potential? Two additional brand-new homes—offering similar finishes & layouts—are available right next door. Don't miss the rare chance to purchase side-by-side properties! Opportunities like this are rare.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Ductless, Electric, Zoned

Cooling

Ductless, Zoned

Appliances

Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater

Features

Double Vanity, Fiberglass Stall Shower, Open Floorplan, Primary Downstairs
Flooring: Carpet, Laminate
Windows: Double Pane Windows, Vinyl Frames
Basement: None
Has fireplace: No
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,050
Total interior livable area: 1,050 sqft

Property

Parking

Parking features: Concrete, Driveway, No Garage, On Street, Shared Driveway
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio, Porch
Fencing: Fenced
Has view: Yes
View description: Neighborhood

Lot

Size: 3,484 Square Feet

Details

Parcel number: 22518
Zoning description: R2
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Frame
Foundation: Stemwall
Roof: Composition

Condition

New construction: Yes
Year built: 2025

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Railroad

HOA

Has HOA: No

Location

Region: Madras

Financial & listing details

Price per square foot: $250/sqft
Annual tax amount: $1,356
Date on market: 3/2/2026
Cumulative days on market: 501 days
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Inclusions: Stove, Dishwasher, Refrig., Vent Hood, W&D
Road surface type: Paved

Price history

Date	Event	Price
7/6/2026	Sold	$262,500$250/sqft
Source: Oregon Datashare #220202673 Report a problem
6/19/2026	Pending sale	$262,500$250/sqft
Source: Oregon Datashare #220202673 Report a problem
5/24/2026	Price change	$262,500-2.7%$250/sqft
Source: Oregon Datashare #220202673 Report a problem
4/14/2026	Price change	$269,900-1.8%$257/sqft
Source: Oregon Datashare #220202673 Report a problem
2/11/2026	Price change	$274,900+1.9%$262/sqft
Source: Oregon Datashare #220202673 Report a problem
12/4/2025	Price change	$269,900+1.9%$257/sqft
Source: Oregon Datashare #220202673 Report a problem
10/11/2025	Price change	$264,900-1.9%$252/sqft
Source: Oregon Datashare #220202673 Report a problem
9/11/2025	Price change	$269,900-1.8%$257/sqft
Source: Oregon Datashare #220202673 Report a problem
5/27/2025	Listed for sale	$274,900-2.7%$262/sqft
Source: Oregon Datashare #220202673 Report a problem
5/16/2025	Listing removed	$282,500$269/sqft
Source: Oregon Datashare #220194774 Report a problem
5/9/2025	Price change	$282,500-1.7%$269/sqft
Source: Oregon Datashare #220194774 Report a problem
4/29/2025	Price change	$287,500-1.7%$274/sqft
Source: Oregon Datashare #220194774 Report a problem
4/3/2025	Price change	$292,500-1.7%$279/sqft
Source: Oregon Datashare #220194774 Report a problem
1/21/2025	Listed for sale	$297,500$283/sqft
Source: Oregon Datashare #220194774 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 97741

Nearby homes

Nearby schools

GreatSchools rating

6/10
Buff Intermediate School
Grades: K-5Distance: 0.7 mi
5/10
Jefferson County Middle School
Grades: 6-8Distance: 1.6 mi
5/10
Madras High School
Grades: 9-12Distance: 0.7 mi

Schools provided by the listing agent

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.