About This Home
This 16-bedroom, 8-bathroom residential multi family at 115 NE A Street in Madras, OR is listed for $1,190,000 ($194 per sqft). Built in 1961, the home offers 6,125 sqft of living space on a 0.46 acres lot.
Key Features
- Built in 1961
- 0.46 acre lot
- 2 stories
- 12 parking spaces
Property Details
Amenities
This property has been one of the best rental properties in Madras, with few if any vacancies. Great place for a family with lots of room to live & play, close to schools, trails & bowling center. While built in 1961, they have been owned by investors that have taken good care of the property for a long-term investment.
New Mini Split for HVAC added recently to all units. Nice grass backyard fully fenced. Adjacent to Sahalee Park, with splash park, playground equipment, pavilion and picnic areas. Within walking distance to shops, restaurants, banks and more.
Monthly Cost Estimate
$6,364/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
115 NE A Street
Madras, OR 97741
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 16-bedroom, 8-bathroom residential multi family at 115 NE A Street is listed at $1,190,000 ($194/sqft). The estimated monthly payment is $6,364 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1961, 0.46 acre lot, 2 stories, 12 parking spaces.
This property is listed by Geoffrey Michael Groener and can be reached at 5413904488.


