Central Oregon Homes, Land & Acreage for Sale

748 SW Madison Street, Madras, OR 97741

$262,500

Virtual Tour

https://media.walkerandhomes.com/videos/01970dc5-2ec6-72e6-9144-245d75a7d5e5

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Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,050 Lot Size (sq. ft.): 3,485 Status: Closed

Current Price: $262,500 List Date: 3/02/2026 Last Modified: 7/07/2026

Overview

Description

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.

Listing Details MLS# 220202673

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Garage YN: No
Total Living Area SqFt: 1050
Main House SqFt: 1050
SqFt Source: Builder
Year Built: 2025
Accessory Dwelling Unit YN: No
Rented YN: No
Short Term Rental Permit YN: No
New Construction YN: Yes
Building Permit Issued YN: Yes
Building Permit #: 451-24-001328DWL
Estimated Completion Date: 2025-01-01
Elementary School: Check with District
Middle Or Junior School: Jefferson County Middle
High School: Madras High
Zoning: R2
Tax Annual Amount: 1356.64
Tax Year: 2025
CC&R's YN: No
Association YN: No
Senior Community YN: No
Preferred Escrow Company & Officer: Western Title - Madras
FIRPTA YN: No
Sign On Property YN: Yes
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer; Water Heater Architectural Style: Ranch Basement: None Common Walls: No Common Walls Construction Materials: Frame Cooling: Ductless; Zoned Flooring: Carpet; Laminate Foundation Details: Stemwall Heating: Ductless; Electric; Zoned Interior Features: Double Vanity; Fiberglass Stall Shower; Open Floorplan; Primary Downstairs Levels: One Roof: Composition Rooms: Great Room; Kitchen; Living Room; Primary Bedroom Security Features: Smoke Detector(s) Window Features: Double Pane Windows; Vinyl Frames Flood: N/A Irrigation Source: None Lot Features: Fenced Parking Features: Concrete; Driveway; No Garage; On Street; Shared Driveway Patio and Porch Features: Covered; Patio; Porch Road Surface Type: Paved View: Neighborhood Utilities: Electricity Connected Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash; Conventional; FHA; USDA Loan; VA Loan Special Listing Conditions: Standard

Location Tax and Legal

Street Number: 748
Street Dir Prefix: SW
Street Name: Madison
Street Suffix: Street
County: Jefferson
State: OR
Postal Code: 97741
Subdivision Name: Railroad

Contract Information

Original List Price: 274900
List Price per SqFt: 250
Listing Contract Date: 2025-05-27

Remarks and Miscellaneous

Public Remarks: 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.

Status Change Information

Close Date: 2026-07-06
Under Contract Date: 2026-06-18
Status Change Timestamp: 2026-07-07
Close Price: 262500
Sold Price per SqFt: 250

More Information

Location, Tax, and Legal

Cross Street: J Street
Section: Not Applicable
Parcel Number: 22518
Tax Map Number: 111311DB04501
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Additional Parcels YN: No

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Basement

None: Yes

Architectural Style

Ranch: Yes

Common Walls

No Common Walls: Yes

Cooling

Ductless: Yes
Zoned: Yes

Construction Materials

Frame: Yes

Flooring

Carpet: Yes
Laminate: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
USDA Loan: Yes
VA Loan: Yes

Foundation Details

Stemwall: Yes

Flood

N/A: Yes

Heating

Ductless: Yes
Electric: Yes
Zoned: Yes

Inclusions/Exclusions

Inclusions: Stove, Dishwasher, Refrig., Vent Hood, W&D

Interior Features

Double Vanity: Yes
Fiberglass Stall Shower: Yes
Open Floorplan: Yes
Primary Downstairs: Yes

Levels

One: Yes

Irrigation Source

None: Yes

Lot Features

Fenced: Yes

Roof

Composition: Yes

Security Features

Smoke Detector(s): Yes

Rooms

Great Room: Yes
Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Window Features

Double Pane Windows: Yes
Vinyl Frames: Yes

Road Surface Type

Paved: Yes

View

Neighborhood: Yes

Parking Features

Concrete: Yes
Driveway: Yes
No Garage: Yes
On Street: Yes
Shared Driveway: Yes

Patio and Porch Features

Covered: Yes
Patio: Yes
Porch: Yes

Power Production

None: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Connected: Yes

Water Source

Public: Yes

Special Listing Conditions

Standard: Yes

Listing Office: Signet Realty

Last Updated: July - 07 - 2026

Information deemed reliable but not guaranteed.