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512 SW Third St, Madras, OR 97741
About this home
Duplex that is located close to all city amenities, fully occupied, ample off street parking.
Redfin Estimate
Market trends in 97741, OR
Last updated October 2026
Buyer's Market
Seller's Market
Balanced market
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Provided by Redfin
Sale history for 512 SW Third St
$67/sq ft
$71/sq ft
$48/sq ft
$48/sq ft





SW Madras duplex in excellent condition. Remodeling completed. Both unit renovations include new interior paint, new lighting, and new hot water heater. Unit 522 is ADA approved and has new range hood, new garbage disposal, and new counter tops. Unit 512 has a new refrigerator and new dishwasher. Duplex sits on . 21 acres and is landscaped. Both units include 2 bedrooms, 1 bath, and are approximately 768 sqft.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Property details
Interior
- Heating & Cooling
- Has Heating
- Heating: Forced Air, Natural Gas
- Interior Features
- Interior Features: Pantry, Primary Downstairs
- Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
- Flooring: Carpet, Vinyl
- Multi-Unit Information
- # of Units Total: 2
- Parking Details: # of Garages: 0
- Parking Details: # of Other Parking: 2
- Parking Details: # of Carports: 0
- Unit 1 Information
- Unit #: 512
- # of Bedrooms: 2
- # of Full Baths: 1
- Sq. Ft.: 832.0
- Unit 1 Monthly Rent: 850.0
- Unit 2 Information
- Unit #: 522
- # of Bedrooms: 2
- Sq. Ft.: 832.0
- # of Full Baths: 1
- Unit 2 Monthly Rent: 850.0
- Unit 3 Information
- Sq. Ft.: 0.0
- Unit 4 Information
- Sq. Ft.: 0.0
- # of Full Baths: 0
Exterior
- Exterior Features
- Roof: Composition
- Building Information
- Year Built: 1984
- Building Area Total: 1664.0
- Levels: One
- Construction Materials: Frame
- Foundation Details: Stemwall
- Property Information
- Property Type: Residential Income
- Property Sub Type: Duplex
- Land Information
- Road Surface Type: Paved
- Lot Information
- Lot Size Sq. Ft.: 9147.6
- Lot Size Acres: 0.21
- Lot Size Area: 0.21
- Lot Features: Fenced, Landscaped
- Lot Size Units: Acres
- Zoning Description: R2
Financial
- Tax Information
- Tax Annual Amount: 804.0
- Financing Information
- Buyer Financing: Cash
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
Location
- Community Information
- 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: —
Around this home
Schools
- K - 12
- Preschool & daycare
Public K-5 • Assigned • 0.5mi
Public 6-8 • Assigned • 1.4mi
Public 9-12 • Assigned • 0.5mi
Lifestyle
Provided by Walk Score and Local Logic
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.
Nearby similar homes

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Home values near 512 SW Third St
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1056 Sq. Ft. | $283,368 |
6 Beds | 3 Baths | 2882 Sq. Ft. | $454,116 |
3 Beds | 1.5 Baths | 1104 Sq. Ft. | $216,802 |
3 Beds | 2 Baths | 1107 Sq. Ft. | $325,766 |
4 Beds | 2 Baths | 1643 Sq. Ft. | $312,515 |
3 Beds | 1 Baths | 1299 Sq. Ft. | $338,956 |
| Address | Redfin Estimate |
|---|---|
5 Beds | 2 Baths | 2434 Sq. Ft. | $293,014 |
3 Beds | 1 Baths | 1056 Sq. Ft. | $299,828 |
3 Beds | 2.5 Baths | 2434 Sq. Ft. | $369,068 |
3 Beds | 2 Baths | 1815 Sq. Ft. | $404,020 |
3 Beds | 1.5 Baths | 1040 Sq. Ft. | $280,732 |
3 Beds | 1.5 Baths | 1107 Sq. Ft. | $274,009 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1664 Sq. Ft. | — |
3 Beds | 2 Baths | 1189 Sq. Ft. | $330,325 |
3 Beds | 1 Baths | 1008 Sq. Ft. | $294,653 |
1 Beds | 1 Baths | 796 Sq. Ft. | $203,774 |
3 Beds | 1 Baths | 1066 Sq. Ft. | $263,310 |
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