Listing courtesy of Signet Realty, agent Ali Stensgar-Alire
Data last updated June 15, 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.
A truly special opportunity offering flexibility & potential in the heart of Madras. This unique detached duplex features two separate mfg homes on one tax lot, creating options that are hard to find in today's market. The front home offers 3 bedrooms, 2 baths & appx 1,782 sq ft w/spacious living areas including living & family room, split floor plan w/primary on one side & bedrooms on other. Detached garage that could easily be partitioned for both to have storage space if needed. The newer second home includes 2 bedrooms plus office or den, 2 baths & appx. 933 sqft, designed for comfortable & functional living. Both homes are currently vacant, available for immediate occupancy. Ideal for extended household living, income-producing potential, or house-hacking--live in one and rent the other, or maximize returns by leasing both. Buyers to perform due diligence with the City of Madras regarding the potential appx 14x10 homesite, offering even more opportunity for future expansion.
This home is listed at $325,000 · 18.6% below the Madras median list. See full Madras market →
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $260,000 · $65,000 down · 30 year term
See the 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 $1,143 ($1,025–$1,325) · HUD Fair Market Rent (FY2025), Jefferson County, 2BR. Edit to your own number.
At $324,900 with 25% down, this property runs $1,129 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.
Get the rental projectionBrowse current listings with a full video tour. See the flow, the light, and the lot before you book a showing.
