Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
**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.
A rough estimate, not a quote. Loan amount $3,920,000 · $980,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
sold in the last 90 days
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. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Madras
leftover membership, active single-family houses in Madras. 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). 4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. · updated Sep 14, 2026
| Date | Event | Price |
|---|---|---|
| Jan 9, 2026 | Price drop | $4,900,000$300K down |
| Jun 1, 2025 | Listed | $5,200,000 |
| Year | Tax |
|---|---|
| 2024 | $1,008 |
Tax as filed on the listing. Jefferson County. Parcel 1757.
Similar homes
Madras · What to do about this house
The typical cut was 4.3% off the original ask, and the typical home went under contract in 54 days.
Madras single family homes · every sale that closed in the 12 months to September 13, 2026
public.market_metric · stat_id=pct_with_price_cut · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=142 · complete_through=2026-09-13 · read 2026-09-14 | public.market_metric · stat_id=median_price_cut_pct · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=58 · complete_through=2026-09-13 · read 2026-09-14 | public.market_metric · stat_id=median_days_to_contract · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=130 · complete_through=2026-09-13 · read 2026-09-14 | public.listings, this listing · OriginalListPrice 5200000 to ListPrice 4900000 · OnMarketDate 2025-06-01, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
“Fantastic professional service. Goes the extra mile to cover the needs of his customers. Always prompt with replies and providing up to date…”Paul Robinson
Listing courtesy of eXp Realty, LLC, agent E Lamar Yoder, 888-814-9613
Data last updated September 14, 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.
