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Ready-to-build lot is a very rare find! Location, close to school, restaurants, jobs, medical, park, makes it even more appealing. Fairly level lot is very versatile with R2 zoning, which can make it eligible for higher density if desired! The city water vaults are already situated on the lot, plus power and city sewer available by the street. Situated on a paved street where the curbs are already in place. The City of Madras says that a single family home, duplex, manufactured home, or possibly multi-family could be built here. There appears to be single family home built on one side, and a duplex on the other. Helpful info is available from the City or Jefferson County. Phone numbers, documents, are all available on the listing, just ask your agent. Ideal land for investment, holding, or to build right away. You will love this friendly convenient neighborhood location close to everything! Get all your questions answered and schedule a private showing, Call now!
A rough estimate, not a quote. Loan amount $47,999 · $12,000 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.
In Madras, near Lake Billy Chinook.
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 28, 2025 | Listed | $60,000 |
48 days on market. Madras median to pending is 53 days.
Tax $228 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
Listing courtesy of John L Scott Bend, agent Peggy Lee Combs, 541-317-0123
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.
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 $60,000, 86.8% below the Madras median list price. See full Madras market →