366 SW M Street, Madras, OR 97741
$5,675,000
Property Type:
Residential Income
Square Footage:
57,636
Lot Size (sq. ft.):
199,069
Status:
Closed
Current Price:
$5,675,000
List Date:
8/30/2019
Last Modified:
5/27/2026
Overview
Description
Listing Details MLS# 201907334
General Property Information
- Property Sub Type
- Multi Family
- Building Area Total
- 57636
- Building Area Source
- Assessor
- # of Units Total
- 64
- Year Built
- 1996
- Elementary School
- Madras Elementary
- High School
- Madras High
- Zoning
- R2
- Tax Annual Amount
- 24508
- Tax Year
- 2018
- CC&R's YN
- No
- Association YN
- No
- Preferred Escrow Company & Officer
- Western Title
- FIRPTA YN
- No
- Sign On Property YN
- No
Property Features
Appliances:
Dishwasher; Disposal; Dryer; Oven; Range; Refrigerator; Washer; Water Heater
Architectural Style:
Traditional
Construction Materials:
Frame
Cooling:
Wall/Window Unit(s)
Flooring:
Carpet; Laminate; Vinyl
Foundation Details:
Slab
Heating:
Electric; Wall Furnace
Interior Features:
Ceiling Fan(s)
Levels:
Two
Roof:
Composition
Lot Features:
Fenced; Landscaped
Parking Features:
No Garage; Other
Patio and Porch Features:
Deck; Patio
Road Surface Type:
Paved
Community Features:
Short Term Rentals Allowed
Sewer:
Public Sewer
Water Source:
Private
Listing Terms:
Assumable; Cash
Location Tax and Legal
- Street Number
- 366
- Street Dir Prefix
- SW
- Street Name
- M
- Street Suffix
- Street
- County
- Jefferson
- State
- OR
- Postal Code
- 97741
- Subdivision Name
- N/A
Contract Information
- Original List Price
- 5950000
- List Price per SqFt
- 103.234
- Listing Contract Date
- 2019-07-29
Remarks and Miscellaneous
- Public Remarks
- Beautiful pride of ownership 64 unit complex. 100% occupancy with waiting list. HIghly upgraded including complete exterior painting of all buildings, new playground equipment, patio and patio furniture, barbecue grills, office remodel, laundry remodel including replacing of all plumbing, beautiful new landscaping, and upgrading of 56 of the 64 units. 2 furnished units with beautiful upscale decor and finishes.
Status Change Information
- Close Date
- 2019-11-08
- Under Contract Date
- 2019-09-09
- Status Change Timestamp
- 2019-11-11
- Close Price
- 5675000
- Sold Price per SqFt
- 98.4627
More Information
Unit 1
- Unit #
- A-2
- # of Bedrooms
- 3
- # Full Baths
- 2
- Monthly Rent
- 850
Unit 2
- Unit #
- A-3
- # of Bedrooms
- 2
- # Full Baths
- Yes
- Monthly Rent
- 750
Parking Details
- # of Other Parking
- 110
Listing Office:
Compass Commercial Real Estate
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.