272 & 324 Ne Leo Street, Madras, 97741

Residential Income - Multi Family For Sale in Madras


MLS® #: 220118772
Active, 179 Days on Market

This is a great investment opportunity. Two tax lots, 61,420 sq. ft. of land. Tax Lots 1113336DC 502 & 600. Gross income of $42,000 a year from four rentals. One stick built home, two manufactured homes and RV Space with a utility pad. Room for more dwellings if annexed into the city limits these types of properties are hard to find. No showings until an accepted offer. Call your favorite realtor today and don't miss out!!

Essential Information

MLS® #: 220118772
Price: $375,000
Bedrooms: 2
Bathrooms: 1.00
Square Footage: 61,420
Square Footage: 3813.00
Acres: 1.41
Year Built: 1950
Type: Residential Income
Sub-Type: Multi Family
Style: Traditional
Status: Active

Community Information

Address: 272 & 324 Ne Leo Street
Subdivision: Madras
City: Madras
County: Jefferson
State: OR
Zip Code: 97741


Parking: Driveway, No Garage
View: Territorial


Interior: Laminate Counters
Interior Features: Laminate Counters
Appliances: Oven, Range, Refrigerator
Heating: Electric, Other, Pellet Stove
Cooling: None
Basement: None
Fireplace: Yes
Stories: One


Lot Description: 502
Windows: Aluminum Frames
Roof: Composition
Construction: Frame, Manufactured House
Foundation: Stemwall

School Information

Elementary: Madras Elementary
Middle: Jefferson County Middle
High: Madras High

Additional Information

Date Listed: March 22nd, 2021
Days on Market: 179
Listing Office: Dick Dodson Realty
Zoning: RR-5
HOA Fees: 0.00

Listing Details

Listing Office: Dick Dodson Realty


$/SqFt: $6

Tax Information

HOA Fees: $0

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