Courtesy: eXp Realty, LLC
888-814-9613
Great investment property!!! Two rentals on one lot. The property is in good conditon. Located on a busy corner of highway 97 and Oak Street in North Madras. Good rental history. Currently the monthly rent income is $1250.00. Zoned highway commercial, so someday could be used as commercial if desired. The main house is 947 square feet, the other is 378 square feet. The larger house has a new gas furnace. Call your favorite realtor today and strart, or grow, your investment portfolio.
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Madras is located in Oregon. Madras, Oregon has a population of 7,381. Madras is more family-centric than the surrounding county with 26.7% of the households containing married families with children. The county average for households married with children is 21.81%.
The median household income in Madras, Oregon is $43,722. The median household income for the surrounding county is $59,748 compared to the national median of $69,021. The median age of people living in Madras is 33.1 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 11.1 inches per year, with 13.7 inches of snow per year.
