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This renovated 3-bedroom, 1.5-bathroom home is located on an oversized desirable corner lot and offers a blend of modern comfort and classic charm. The property features a new roof and thoughtful updates throughout, including a ductless mini-split heat pump for efficient heating and cooling. The fenced and landscaped yard provides a perfect space for relaxation and outdoor activities, a fire pit and hot tub ready! Need space for an RV? A 50-amp outlet is already installed. With potential for expansion, including the possibility of accessory dwelling units (ADUs) or additional units, this home presents great opportunities for future growth. Advantageously situated towards the end of a no throughfare street, this property is ready for your personal touches!
A rough estimate, not a quote. Loan amount $268,000 · $67,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
110 listings of every type for sale, 25 pending, 19 sold in the last 30 days. Point at a mark to read it, or slide the price.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
| Date | Event | Price |
|---|---|---|
| May 5, 2025 | Price increase | $346,000$500 up |
| Feb 6, 2025 | Listed | $345,000 |
$299 per sq ft
87 days on market. Madras median to pending is 53 days.
Tax $2,217 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $335,000 with 20% down, this property runs $851 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Listing courtesy of Keller Williams Realty Central Oregon, agent Heather MacDowall, 541-585-3760
Data last updated September 2, 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.
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Keep exploring
In Madras, near Lake Billy Chinook.
Median close price $385,000 in Aug 2026, down 4.5% from Aug 2025.
Mar 2024 to Aug 2026 (24 months) · Market Truth leftover, Madras city, monthly median close. Completed months only.
This home is listed at $335,000, 26.4% below the Madras median list price. See full Madras market →