Affordable, reverse living 3 bedroom home that has been recently remodeled in SE Madras and is located in an area of newer homes. This two story home features a wrap around deck for outdoor living ... relax and enjoy the great mountain views. Open great room with cherry cabinets, cook island, ceiling fan, tile flooring and dining area with French doors to the deck, Upstairs has 2 bedrooms, laundry room, deluxe tile bathroom & private bathroom. Down stairs you will find a second partial kitchen/wet bar with family room, pellet stove and additional bedroom & bath. Deep garage with workbench, carport for additional storage and room for RV parking. Two adjoining parcels are available to be purchase ... partition to be completed soon with new addresses.
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Listing courtesy of RE/MAX Key Properties, agent Gary Everett, 541-728-0033
Data last updated July 30, 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 $380,000 · $95,000 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 $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $475,000 with 20% down, this property runs $1,738 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.
Jul 2024 to Jun 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $475,000 — 18.8% above the Madras median. See full Madras market →
