$330,000
499 8th
Madras, OR 97741 · Palmain
Down $20,000 from original list price $350,000.
Active19 days on market$211/sqft
Facts
Listing courtesy of Signet Realty, agent Ali Stensgar-Alire
Data last updated June 21, 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.
Welcome home to this charming and affordable 3-bedroom, 2-bath home offering 1,564 sq ft of comfortable living space in a well-kept neighborhood. You'll love the location, close to parks, schools, & shopping -perfect for first-time homebuyers or anyone looking for value and convenience. Inside, enjoy a beautifully updated kitchen with warm pine cabinets, stainless steel appliances & tile countertops. The cozy natural gas fireplace with a custom Willowdale rock hearth adds warmth and character to the living area. Step outside on the wrap around deck to take in the Cascade Mountain views or relax in the fenced backyard, a versatile space to garden, play, or unwind after a long day. Upstairs offering vaulted ceilings - 2 bedrooms, 1 bath, living room, dining, & kitchen. The downstairs has 1 bedroom, 1 bath, laundry & bonus room with natural gas fireplace. This home blends comfort, quality, & affordability making it a rare find in today's market.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $264,000 · $66,000 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 $329,900 with 25% down, this property runs $810 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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