
Charming Cottage in the heart of Madras. Discover this beautifully renovated 1-bedroom, 1-bath, 556 sq. ft. home, nestled on a spacious double tax lot totaling 7,841 sq. ft. Built in 1920, this cottage seamlessly blends historic charm with modern updates, including new electrical, water heater, roofing, hardwood flooring, and fresh paint. The fully fenced lot offers ample space for a large yard or potential outdoor building, making it perfect for gardening, entertaining, or simply enjoying the outdoors. With a move-in-ready appeal, this cozy home is a rare find in Madras—ideal for those seeking a quick and easy transition to their next chapter.

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Listing courtesy of Signet Realty, agent Ali Stensgar-Alire
Data last updated June 27, 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.
This home is listed at $220,000 — 45.0% below the Madras median. See full Madras market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $176,000 · $44,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $871 ($775–$1,000) · HUD Fair Market Rent (FY2025), Jefferson County, 1BR. Edit to your own number.
At $219,900 with 20% down, this property runs $706 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
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.
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