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Amazing investment opportunity with 3.33 ac. fenced, paved, highway frontage and direct access to hwy 97 and hwy 26. Beautifully remodeled office spaces totaling 5,122sq.ft. 2 - multi-stall public style restrooms and 2 additional single stall restrooms. Huge new kitchen and lunchroom. Heated, enclosed, warehouse space totaling 8,924sq.ft. 3 sided lien to, space, totaling 2,160sq.ft. and connected to the warehouse space. Covered patio space totaling 1,164sq.ft. Large Mezzanine totaling 600 sq.ft. MUE zoning allows for many different business scenarios. Retail or ??. Economic Development of Central Oregon (EDCO) and The City of Madras are great places to investigate what awesome incentives and opportunities are available on this property. Please see additional attached documentation for more zoning info. Additional, adjacent, property (MUE Zoning) of 1.15 ac. is available (MLS# 220138701). Updated photos coming soon.
A rough estimate, not a quote. Loan amount $1,599,200 · $399,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
111 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.
| Date | Event | Price |
|---|---|---|
| Oct 13, 2025 | Price dropMlsStatus: Pending → Closed | $1,875,000$124K down |
| Dec 17, 2024 | Listed | $1,999,000 |
$111 per sq ft
299 days on market. Madras median to pending is 53 days.
Tax $19,673 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 eXp Realty, LLC, agent E Lamar Yoder, 888-814-9613
Data last updated September 3, 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 $1,999,000, 339.3% above the Madras median list price. See full Madras market →