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This 2-bedroom, 1-bath home, built in 1979, is full of character and ready for your personal touch. Owned for many years by one resident, it's been gently lived in and offers a great opportunity for renovation. Centrally located with easy access to shopping, dinning, schools, and major roadways, this home is perfect for those seeking convenience. The layout includes a cozy living space, a functional kitchen, and two bedrooms. The bathroom is clean and simple, awaiting modern updates. the property sits on a generous lot with plenty of space for outdoor living, gardening, or future enhancements. whether you're a first-time buyer, or looking to downsize and customize, this home offers solid potential in a great location.
A rough estimate, not a quote. Loan amount $159,200 · $39,800 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 |
|---|---|---|
| Oct 20, 2025 | Price increase | $225,000$26K up |
| Sep 11, 2025 | Listed | $199,000 |
$218 per sq ft
32 days on market. Madras median to pending is 53 days.
Tax $1,912 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 $1,143 ($1,025–$1,325) · HUD Fair Market Rent (FY2025), Jefferson County, 2BR. Edit to your own number.
At $199,000 with 20% down, this property runs $455 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 Dreams Realty Group, LLC, agent Davie Crockett, 541-475-3030
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 $199,000, 56.3% below the Madras median list price. See full Madras market →