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115 NE A St, Madras, OR 97741

$1,190,000
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Property Description

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.

115 NE A St | MLS# 306803890

This multi-family property located at 115 NE A St, Madras, OR 97741 is currently listed for sale with an asking price of $1,190,000. Search Madras real estate on juli.bendpremierrealestate.com today.

SQUARE FEET6,125 MLS#306803890
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Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: FullBasement
Cooling: MiniSplit, Window Unit(s)
Fuel Type: None
Heating: Baseboard, Ductless, Other
Roof Type: Composition
Stories: 2.0
Taxes: $8,572
Year Built: 1961
Square Feet: 6,125

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1350.00
Square Footage: 876
Total Units: 8

Feature Descriptions

Days on Site: 54
Exterior: Shingle Siding
Gross Income: $115656.00 (Actual)
Hot Water: Electricity
Lot: Corner Lot
Net Income: $21811.00 (Actual)
Operating Expenses: $53189.00 (Actual)
Parking: OnStreet, Open
Parking Notes: OnStreet, Open
Sewer: Public Sewer
Special View Info: Territorial
Units: 8
Water: Public Water

Local Schools

High School: Madras
Middle School: Jefferson Co
Elementary School: Madras

Listed By / Shown By

Listed By

Agency Name: Emerald Coast Realty-Seal Rock
Agency Phone: 541-283-3589

Shown By

Agent Name: Juli Porterfield | Broker
Agent Phone: (541) 280-6451
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 7,078.70 per month $6,017.29 Principal & Interest $714.33 Property Tax $347.08 Homeowner's Insurance

Change Payment Information

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550 NW Franklin Ave., Suite 108
Bend, OR 97703
(541) 280-6451
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/09/2026. The listing information on this page last changed on 11/09/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/09/2026 12:00:43 AM EST) or RMLS (last updated Sun 11/08/2026 11:57:22 PM EST) or COAR/MLSCO (last updated Sun 11/08/2026 11:51:25 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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