318 SE 7th Street, Madras, OR

6 Beds,   ---  Baths,   ---  sqft     For Sale By Owner    Asking: $175,000

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Specification
Bedrooms: 6
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Description

We have 2 rental houses on 1 tax lot. First house is a 1 story with basement, 4 bed 1 bath. Built in 1949, approximately 1,500 sqft.

Second house is 1 story, 2 beds 1 bath. 952sqft.

Both rentals have room to increase rent, and both properties are separately fenced. Currently both houses are rented. No pets, non-smoking and tenants pay all utilities. We will require a letter of intent and proof of funds before we show the property. You are welcome to drive by, but no stopping in respect to the tenants

Property Features

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Community Features

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Nearby Schools
School Name Distance Type Grades Enrollment S/T Ratio
Madras Primary School0.2mPublic KG-02 405 18.4
Big Muddy Elementary0.3mPublic KG-08 18 18.0
Madras High School0.3mPublic 09-12 768 21.5
Buff Intermediate School0.4mPublic 03-05 318 18.7
Jefferson County Middle School1.1mPublic 06-08 635 16.1
Metolius Elementary School3.8mPublic KG-05 301 18.8
Culver Elementary School8.6mPublic KG-05 261 18.1
Culver Middle School8.6mPublic 06-08 185 23.1
Culver High School8.7mPublic 09-12 230 18.3
Demographics
Madras Oregon
Population and Land
Population 6,046 3,831,074
Land Area in Square Miles 5.02 95,988.01
Persons Per Square Mile 1,205.3 39.9
Education
College Graduate or Higher 13.6% 30.1%
High Schoolor Or Higher 76.9% 89.5%
Housing and Homeownerhsip
Homeownership Rate 42.8% 61.5%
Median Value of Housing Units $100,700 $234,100
Persons per Household 2.67 2.50
Median Household Income $40,631 $50,521