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Step back in time to this 1912 restored cottage without having to sacrifice modern amenities. Located on a generous double lot. this urban homestead is complete with chicken coop, garden, mini-barn, and is fully fenced and gated. It has been lovingly restored w/antique light fixtures, fresh paint and re-finished hardwood floors. It has an open concept living w/large kitchen complete with beautiful cabinets, new butcher block counters, tile backsplash, farmhouse sink, & stainless steel appliances. No detail was left untouched w/beautiful wood work, trim, & moulding. 3 bedrooms with wallpaper accents, custom trim work w/built ins, vintage lighting, and antique doors. 1 full bath w/LVP floors, tub/shower combo, vanity and updated lighting. HVAC and many other updates throughout the years. Mud room/laundry located off the back w/access to basement for added storage. Located on a corner lot w/ample parking. Second tax lot is buildable. Don't miss your opportunity to see this house.
A rough estimate, not a quote. Loan amount $279,920 · $69,980 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
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Education
| Date | Event | Price |
|---|---|---|
| May 28, 2026 | Listed | $350,000 |
$269 per sq ft
86 days on market. Madras median to pending is 53 days.
Tax $1,555 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.
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Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $349,900 with 20% down, this property runs $875 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.
Listing courtesy of eXp Realty, LLC, agent Jessica Lay, 888-814-9613
Data last updated September 2, 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 $350,000, 23.1% below the Madras median list price. See full Madras market →
