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This property features a home with the charm of the year it was built but has been tastefully updated to allow for an open flow from the kitchen to the living room. However, the appeal of this property undoubtedly is found in its exceptional outbuildings. The original block shop is approximately 24x30 with an added room for above ground fuel storage. There is a 36x60 shop with a concrete floor and power. Additionally, there is a 48x48 building that provides hay storage and an enclosed, insulated parking garage big enough to accommodate a 40 foot motor coach. Finally, there is a 30x40 animal shelter/barn, with stalls, tied in with a small corral. With 11.8 acre feet of water rights this small farm is definitely worth looking at.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $679,000 · $170,000 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 $849,000 with 20% down, this property runs $3,614 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 Dreams Realty Group, LLC, agent Joseph McDonald, 541-475-3030
Data last updated August 3, 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.
Aug 2024 to Jul 2026 (24 months) · regional MLS via the market stats cache. Completed months only.
This home is listed at $849,000 — 112.3% above the Madras median. See full Madras market →
