**For Sale: Mini-Storage Investment - 1451 SW Olive St, Madras, OR** Turnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a **keypad entry automated gate**, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market. Room for additional growth up to 100 units.
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Listing courtesy of eXp Realty, LLC, agent E Lamar Yoder, 888-814-9613
Data last updated July 24, 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.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $3,920,000 · $980,000 down · 30 year term
ListPrice: 5200000.00 → 4900000.00
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
Get the rental projectionJul 2024 to Jun 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $4,900,000 — 1,125.3% above the Madras median. See full Madras market →
