748 SW Madison Street, Madras, OR 97741 | MLS #220202673

Listing provided courtesy of Signet RealtyMLS# 220202673

Exceptional Value - Brand New 2-Bedroom, 2-Bath Home w/great finishes. Now is your chance to own a beautifully designed home at a fraction of the typical price. This 1,050 sq. ft. residence showcases quality craftsmanship, modern layout & a host of upgrades-making it an unbeatable opportunity for both first-time buyers & savvy investors. Step inside to a bright, open-concept living space that connects the kitchen, dining & living areas—ideal for everyday comfort or entertaining guests. The kitchen features quartz countertops, stainless steel appliances & comes fully equipped with a refrigerator, range, microwave, washer & dryer. The fenced backyard adds privacy & functionality, perfect for pets, gatherings, or gardening. Looking for a multi-generational solution or investment potential? Two additional brand-new homes—offering similar finishes & layouts—are available right next door. Don't miss the rare chance to purchase side-by-side properties! Opportunities like this are rare.

Source: Oregon Datashare, MLS#: 220202673

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Property Type

Residential
Lot

0.08 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

Estimated Monthly Cost

Price

Down Payment

$ %

Loan Length (years)

Interest Rate

* 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 748 SW Madison Street

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
6/19/2026Source: Oregon Datashare	Status Change	Pending
5/23/2026Source: Oregon Datashare	Price Reduction	$262,500 -2.7%
4/14/2026Source: Oregon Datashare	Price Reduction	$269,900 -1.8%
2/10/2026Source: Oregon Datashare	Price Increase	$274,900 1.9%
12/4/2025Source: Oregon Datashare	Price Increase	$269,900 1.9%
10/10/2025Source: Oregon Datashare	Price Reduction	$264,900 -1.9%
9/11/2025Source: Oregon Datashare	Price Reduction	$269,900 -1.8%
5/27/2025Source: Oregon Datashare	Added to Database	May 27, 2025