We use cookies to improve this site
We use Google Analytics and Microsoft Clarity to learn how people use our pages. Clarity records clicks, scrolling and taps so we can see where a page is hard to use. Form fields are masked. Ad cookies from Meta and Google stay off unless you turn them on.
You can turn analytics off now or anytime from Your privacy choices at the bottom of every page.
Your cookie choices
With your OK, we use Google Analytics and Microsoft Clarity to learn how people use our pages. Clarity records clicks, scrolling and taps so we can see where a page is hard to use. Form fields are masked. Ad cookies from Meta and Google stay off unless you turn them on.
You can change your mind anytime from Your privacy choices at the bottom of every page.
00504 Hwy 97 and 26 (South Madras) in Madras is listed at $299,000. It sits on 1.15 acres and is in Madras. Status is Active, with 1,740 days on market.
Overview
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
Awesome Commercial Investment Opportunity!! Located on HWY 97 and 26, between the Dollar General and Abby's Pizza, and across the street from the Dollar Tree and in The Madras Urban Renewal Zone. This property presents an array of options for any Entrepreneur or Investor. Retail, professional. Restaurant, Single or Multi-Tenant project or ???? Property access is off of Brush ln. Contact City of Madras and DOT concerning access off of HWY 97 and 26.
A rough estimate, not a quote. Loan amount $239,200 · $59,800 down · 30 year term.
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.
The median sale price is $375,000, the middle of 159 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 8, 2026)
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. 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 Nov 9, 2026
| Date | Event | Price |
|---|---|---|
| Mar 12, 2025 | Back on market | $299,000 |
| Aug 1, 2023 | Price drop | $299,000$90K down |
| Apr 26, 2022 | Price drop | $389,000$10K down |
| Feb 3, 2022 | Listed | $399,000 |
| Year | Tax |
|---|---|
| 2021 | $2,807 |
Tax as filed on the listing. Jefferson County. Parcel 21005.
Madras · What to do about this house
The typical cut was 4.5% off the original ask, and the typical home went under contract in 57 days.
Madras single family homes · every sale that closed in the 12 months to November 8, 2026
Ryan Realty analysis · n=159 · read 2026-11-09 | Ryan Realty analysis · n=66 · read 2026-11-09 | Ryan Realty analysis · n=150 · read 2026-11-09 | public.listings, this listing · OriginalListPrice 399000 to ListPrice 299000 · first listed 2022-02-03 in this listing's history, earlier than OnMarketDate 2025-03-12, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of eXp Realty, LLC
Data last updated November 10, 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.
