About 316 Sw 1st Street
Great rental investment property in Madras. There are 2 buildings, one built in 1944 a triplex with 1- two-bedroom unit & 2- one-bedroom units. The single unit built in 1977 is one 2-bedroom unit. The vacancy rate is very low, demand is high. Fantastic opportunity to get in the investment property market and/or add to a portfolio.
Features of 316 Sw 1st Street
| MLS® # | 220229648 |
|---|---|
| Price | $500,000 |
| Acres | 0.34 |
| Year Built | 1979 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 316 Sw 1st Street |
|---|---|
| Subdivision | Railroad |
| City | Madras |
| County | Jefferson |
| State | OR |
| Zip Code | 97741 |
Amenities
| Parking | On Street, Other |
|---|---|
| View | Neighborhood |
| Is Waterfront | No |
Interior
| Appliances | Oven, Range, Refrigerator |
|---|---|
| Heating | Ductless, Other |
| Cooling | Ductless, Other |
| Fireplace | No |
| Stories | One, Two |
| Basement | None |
Exterior
| Windows | Aluminum Frames |
|---|---|
| Roof | Metal |
| Construction | Block, Brick, Frame |
| Foundation | Slab |
School Information
| Elementary | Buff Elementary |
|---|---|
| Middle | Jefferson County Middle |
| High | Madras High |
Additional Information
| Date Listed | October 2nd, 2026 |
|---|---|
| Days on Market | 4 |
| Zoning | C1 |
Listing Details
| Office | Willow Canyon Group |
|---|