This 3-bed, 1-bath home at 86 NE B Street in Madras is listed at $314,900. It has 1,496 square feet, sits on 0.23 acres, was built in 1947, and is in Palmain. Status is Active, with 50 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
Updated over recent years with a warm, modern feel & plenty of flexibility! This single-level 3 bedroom, 1 bathroom home offers 1,496 sq ft with an inviting layout, updated flooring & carpet, lighting, kitchen with newer appliances & solid surface counters, plus an updated bathroom. Forced air, central air & a wood-burning fireplace provide year-round comfort. The enclosed garage offers additional living or flex space with potential to convert back to a single-car garage. Outside, the home has been refreshed with exterior paint, stucco-style finish, wood accent details & updated windows, giving it a clean, modern look. Enjoy a fully fenced .23-acre corner lot with mature trees & garden space. C2 commercial zoning adds possibilities for future business use. Located across from a city park & close to downtown Madras, this property offers comfort, character & opportunity!
A rough estimate, not a quote. Loan amount $251,920 · $62,980 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
The median sale price is $375,500, the middle of 161 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 4, 2026)
Madras
live MLS through Oregon Data Share, active single-family houses in Madras, the same count and median list the Madras market figures on this site publish. This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Nov 5, 2026
| Date | Event | Price |
|---|---|---|
| Oct 25, 2026 | Price change | $314,900$5K down |
| Oct 9, 2026 | Price change | $319,900$15K down |
| Sep 27, 2026 | Price drop | $335,000$10K down |
| Sep 17, 2026 | Active | $345,000 |
| Sep 17, 2026 | Listed | $345,000 |
| Year | Tax |
|---|---|
| 2025 | $2,507 |
Tax as filed on the listing. Jefferson County. Parcel 9203.
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Madras · What to do about this house
The typical cut was 4.5% off the original ask, and the typical home went under contract in 57 days.
Madras single family homes · every sale that closed in the 12 months to November 4, 2026
Ryan Realty analysis · n=161 · read 2026-11-05 | Ryan Realty analysis · n=69 · read 2026-11-05 | Ryan Realty analysis · n=152 · read 2026-11-05 | public.listings, this listing · OriginalListPrice 345000 to ListPrice 314900 · OnMarketDate 2026-09-17, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of Signet Realty
Data last updated November 5, 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.
