Listing provided courtesy of Signet RealtyMLS# 220220657MLS Provider
  • 53 days on site
  • 5 views

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.

Source: Oregon Datashare, MLS#: 220220657

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  • Property Type
    Residential Income
  • Lot
    0.20 acres

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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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* 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.

Life at 397 SE 6th Street ## A


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

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