$625,000
$675,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
63 7th ST Madras, OR 97741
3,684 SqFt
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,684 sqft
Price per Sqft $169
Subdivision Palmain
MLS Listing ID 220205041
Sold Date 10/31/25
Style Traditional
Year Built 1993
Annual Tax Amount $5,268
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 0.23
Property Sub-Type Quadruplex
Property Description
Residential Rental Property Downtown Madras, adjacent to City Park and Splash Park. This property has 2 Duplexes on 1 tax lot with 4 residential units total, 100% occupied. Each unit is 921 sq. ft., 2 bedrooms and 1 bathroom. These properties are professionally managed, and upgrades were completed as required over the years. They have been kept up nice.
Location is perfect for walking, biking, close to all downtown services, library, banks, restaurants, parks, bike/walking trail, and schools. Only one owner since the property was developed. County ''real market value'' above listed price. Great opportunity for an investor to start or expand current residential rental investments.
Location
State OR
County Jefferson
Community Palmain
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling None
Window Features Vinyl Frames
Exterior
Exterior Feature Courtyard
Parking Features Asphalt, On Street, Shared Driveway
Community Features Gas Available, Park, Playground, Trail(s)
Roof Type Composition
Building
Lot Description Landscaped, Level
Foundation Stemwall
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Schools
High Schools Madras High
Others
Senior Community No
Tax ID 9207
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, USDA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan
Special Listing Condition Standard
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