$299,000
150 Cleveland
Madras, OR 97741 · North Unit
Active0 days on market$240/sqft
Facts
Property details
Overview
Listing courtesy of Cascade Hasson SIR, agent Wendi Monroe-Kidwell
Data last updated June 24, 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.
Opportunity awaits in the heart of Madras! This updated 3-bedroom, 2-bath manufactured home offers 1,248 sq. ft. of comfortable living space situated on approximately 0.57 acres across multiple tax lots. Recent updates include flooring, refreshed kitchen cabinetry, updated bathroom vanities, and modern appliances. The spacious floor plan features large living areas, generously sized bedrooms, a dedicated laundry room, and a cozy wood stove that adds warmth and character.
Outside, mature trees provide shade and privacy while the property's combined GP buildings offer approximately 1,920 square feet of additional space for storage, workshop use, hobbies, equipment, or future projects. With room to spread out both inside and out, this property provides flexibility and functionality that is difficult to find. Conveniently located near schools, shopping, and community amenities, this property combines affordability, versatility.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $239,000 · $60,000 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 $299,000 with 25% down, this property runs $516 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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