Listing provided courtesy of Cascade Hasson SIRMLS# 220224049MLS Provider
  • 4 days on site
  • 1 views

Investment Opportunity! Thirteen townhomes in Madras offered together as a portfolio sale. All units are 100% occupied, bringing in $19,115 per month in rent with a consistent rental history. Each property has been professionally maintained and is located near schools, parks, and community amenities. This is an ideal option for investors seeking immediate income and long-term growth potential in Central Oregon. Units may also be purchased in groups of four, allowing flexibility for portfolio diversification or step-in expansion. Detailed rent rolls, leases, and expense information available upon request. A rare chance to secure multiple income-producing assets in one offering.

Source: Oregon Datashare, MLS#: 220224049

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  • Property Type
    Residential Income
  • Lot
    0.10 acres

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Martiné Gibbons

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  • Median Age
    40
  • Population Density
    36
  • College Educated
    32%
  • Estimated Median Income
    $52,400
  • Estimated Total Home Owners
    2,586
  • Estimated Total Renters
    1,844
  • Owner / Renter Divide
    58% / 42%
  • Estimated Average Household Size
    3
  • Total Population
    12,791
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
6/25/2026Source: Oregon Datashare Added to Database
June 25, 2026
Brandon Cook-Bostick
Listing Agent