NE Polk Street in Madras is listed at $295,000. It sits on 1.93 acres and is in N/A. Status is Active, with 127 days on market.
Overview
Exterior & lot
Systems & utilities
Financial
Listing
Attention builders, developers, and investors! Now priced at $295,000, that's under $30K per lot for this 10-parcel development opportunity. Zoned R-2, the property supports single-family, multi-family, manufactured homes, and other high-density uses. Sewer has been extended to the street, with water and power available. Prime location within Madras city limits, close to the hospital, shopping, dining, and more. Potential for city and mountain views. Buyers to verify all development possibilities and SDC fees with the City of Madras.
A rough estimate, not a quote. Loan amount $236,000 · $59,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
Madras
live MLS through Oregon Data Share, active single-family houses in Madras, the same count and median list the Madras market figures on this site publish (market_metric, place membership). This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Oct 14, 2026
| Date | Event | Price |
|---|---|---|
| Jun 10, 2026 | Back on market | $295,000 |
| Aug 11, 2025 | Price drop | $295,000$100K down |
| Sep 16, 2024 | Price increase | $395,000$146K up |
| Aug 5, 2024 | Price drop | $249,000$26K down |
| Mar 18, 2024 | Price drop | $275,000$20K down |
| Feb 16, 2024 | Price drop | $295,000$5K down |
| Sep 22, 2023 | Listed | $300,000 |
| Year | Tax |
|---|---|
| 2023 | $734 |
Tax as filed on the listing. Jefferson County. Parcel 908.
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Listing courtesy of Cascade Hasson SIR
Data last updated October 15, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
