This home's estimate is 62.6% lower than the average sale price ($403K) of 6 comparable homes.
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229 SW 3rd St, Madras, OR 97741
About this home
Great commercial lot. Perfect for professional offices or service use. 14,000 square feet with rear alley access. Adjacent to Brickhouse project and will be subject to Master Plan for that site. Planned development for adjacent sites will enhance values here. Madras is redeveloping, and this is in the heart of the prime redevelopment area. MRC is tax exempt, so no tax information available. Construction to be complete within 2 years of closing, subject to approval by MRC of plans & specs.
Redfin Estimate
Market trends in 97741, OR
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
- OPEN SAT, 1PM TO 4PM$595,0003 beds3 baths1,657 sq ft2085 SE Sagebrush Dr, Madras, OR 97741Jason Luecker • Keller Williams Realty Central Oregon
- $1,555,00030 beds15 baths14,008 sq ft1535 SW Highway 97, Madras, OR 97741Geoff Groener • Emerald Coast Realty-Seal Rock
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Provided by Redfin
Sale history for 229 SW 3rd St

Good Location Adjacent To Coic Bldg Can Continue Present Use Or Be Converted To A Commercial Activity. Good Rental History.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Exterior
- Property Information
- Property Type: Land
- Property Sub Type: Commercial
- Land Information
- Road Surface Type: Paved
- Irrigation Water Rights YN: No
- Lot Information
- Lot Size Sq. Ft.: 13939.2
- Lot Size Acres: 0.32
- Lot Size Area: 0.32
- Lot Size Units: Acres
- Current Use: Vacant
- Zoning Description: C-2
- Zoning Comments: Commercial zone, not auto related retail no drive thru food, can do banks
Financial
- Tax Information
- Tax Annual Amount: 0.0
- Financing Information
- Buyer Financing: Cash
Utilities
- Utility Information
- Water Source: Private
- Sewer: Public Sewer
Location
- Community Information
- Community Features: Gas Available
- CCR's YN: No
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: —
- Lot Size: —
- Style: Multi-Family (2-4 Unit)
- Year Built: —
- Year Renovated: —
- County: Jefferson County
- APN: 111311AA9200
Around this home
Schools
Public K-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 1.3mi
Public 9-12 • Assigned • 0.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
We're working on getting current and accurate flood risk information for this home.
We're working on getting current and accurate fire risk information for this home.
7 hot days expected this year, 15 days in 30 years
We're working on getting current and accurate wind risk information for this home.
18 unhealthy days expected this year, 22 days in 30 years
Sun exposure
In this area, properties receive around 10.8 hours in June and 2.2 hours in December, which is comparable to the U.S. average for solar exposure.
Sell confidently with a local market expert in Madras. 3 minutes to get started.
Nearby similar homes
New listings for sale in 97741
Home values near 229 SW 3rd St
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 947 Sq. Ft. | $105,426 |
- Beds | - Baths | 2648 Sq. Ft. | $412,398 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1312 Sq. Ft. | $276,497 |
4 Beds | 2 Baths | 1961 Sq. Ft. | — |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 2648 Sq. Ft. | — |
4 Beds | 2 Baths | 3040 Sq. Ft. | — |
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