James & Angie Smith

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Listing provided courtesy of Signet Realty- MLS# 220220657MLS Provider

397 SE 6th Street ## AMadras, OR 97741

Multi-Family · 2,715 Sq. ft. | 0.20 Acres
$324,900 Pending

397 SE 6th Street ## A Overview

Time on Site:
53 days
Visits:
5

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.

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397 SE 6th Street ## A Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,715
  • Price/Sq.ft. $120
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Check with District
  • Middle Or Junior School: Jefferson County Middle
  • High School: Madras High

Building Information

  • New Construction: false
  • Year Built: 1995

Location/Region

  • County Or Parish: Jefferson
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 2267.18
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 10126
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2715.0

General Information

  • Appliances: Dishwasher,Oven,Range,Range Hood,Water Heater
  • Basement: None
  • Common Walls: No Common Walls
  • Flooring: Carpet,Laminate,Vinyl
  • Foundation Details: Pillar/Post/Pier
  • Interior Features: Breakfast Bar,Laminate Counters,Open Floorplan,Primary Downstairs,Shower/Tub Combo,Vaulted Ceiling(s),Walk-In Closet(s)
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Window Features: Double Pane Windows,Vinyl Frames

Unit Information

  • Unit Number: # A

Exterior

Parking Information

  • Parking Features: Detached,Driveway,Gravel,On Street

Lot Information

  • Additional Parcels: false
  • Lot Features: Level
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Square Feet: 8712.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: City,Neighborhood

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

397 SE 6th Street ## A Neighborhood

Community

97741 (Madras) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

397 SE 6th Street ## A Monthly Cost

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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.

397 SE 6th Street ## A Market Data

Based on the last 30 days in this zip code

$464,993
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
114
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

397 SE 6th Street ## A History

Date Event Value Agent
6/25/2026Source: Oregon Datashare Status Change
Pending
6/9/2026Source: Oregon Datashare Price Reduction
$324,900 -1.5%
5/8/2026Source: Oregon Datashare Added to Database
May 08, 2026