This home's estimate is 5.7% lower than the average sale price ($422K) of 6 comparable homes.
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737 SW 2nd St, Madras, OR 97741
About this home
If you are ready to invest some money into rental property, then here is your next purchase! 6 bedroom, 3 baths and nice parking. Get it while you can.
Redfin Estimate
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Market trends in 97741, OR
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
- NEW 30 HRS AGO$349,9503 beds2 baths1,232 sq ft786 NE Lakeside Dr, Madras, OR 97741Jason Luecker • Keller Williams Realty Central Oregon
- $500,000— beds1260 baths3,160 sq ft316 SW 1st St, Madras, OR 97741Geoff Groener • Emerald Coast Realty-Seal Rock
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Provided by Redfin
Sale history for 737 SW 2nd St
$59/sq ft
$60/sq ft
$57/sq ft
$59/sq ft

Excellent investment opportunity!
$51/sq ft
$53/sq ft


Great Income Potential! This Tri-plex Is Located Near Downtown On A Double Lot. Newer Construction & Landscaping Gives It Nice Curb Appeal. All Units Are Currently Rented. Paved Off Street Parking Lot For Tenants. Property Is Being Managed By Madras Property Management.
Tax history for 737 SW 2nd St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Heating & Cooling
- Has Heating
- Heating: Electric, Forced Air
- Interior Features
- Interior Features: Pantry, Primary Downstairs, Walk-In Closet(s)
- Appliances: Dishwasher, Oven, Range, Refrigerator
- Flooring: Carpet, Vinyl
- Multi-Unit Information
- # of Units Total: 3
- Parking Details: # of Garages: 0
- Parking Details: # of Other Parking: 3
- Parking Details: # of Carports: 0
- Unit 1 Information
- Unit #: 737
- # of Bedrooms: 2
- # of Full Baths: 1
- Sq. Ft.: 784.0
- Unit 1 Monthly Rent: 475.0
- Unit 2 Information
- Unit #: 739
- # of Bedrooms: 2
- Sq. Ft.: 784.0
- # of Full Baths: 1
- Unit 2 Monthly Rent: 400.0
- Unit 3 Information
- Unit #: 741
- # of Bedrooms: 2
- Sq. Ft.: 784.0
- # of Full Baths: 1
- Unit 3 Monthly Rent: 550.0
- Unit 4 Information
- Sq. Ft.: 0.0
- # of Full Baths: 0
Exterior
- Exterior Features
- Roof: Composition
- Building Information
- Year Built: 1995
- Building Area Total: 2352.0
- Levels: One
- Construction Materials: Frame
- Foundation Details: Stemwall
- Property Information
- Property Type: Residential Income
- Property Sub Type: Triplex
- Lot Information
- Lot Size Sq. Ft.: 10018.8
- Lot Size Acres: 0.23
- Lot Size Area: 0.23
- Lot Features: Fenced, Landscaped
- Lot Size Units: Acres
- Zoning Description: R-2
Financial
- Tax Information
- Tax Annual Amount: 1739.0
- 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.: 2,352
- Stories: —
- Lot Size: 10,019 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1995
- Year Renovated: 1995
- County: Jefferson County
- APN: 111311-DA-10904
Around this home
Schools
Public K-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 1.5mi
Public 9-12 • Assigned • 0.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Estimated 74-82% chance of a flood reaching the building in the next 30 years
6% chance of being in a wildfire in next 30 years
7 days above 95° expected this year, 15 days in 30 years
Minimal risk of severe winds over next 30 years
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 737 SW 2nd St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1232 Sq. Ft. | $316,040 |
3 Beds | 2 Baths | 1118 Sq. Ft. | $297,376 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1 Baths | 1008 Sq. Ft. | $286,119 |
3 Beds | 1 Baths | 1008 Sq. Ft. | $283,096 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1118 Sq. Ft. | $312,526 |
2 Beds | 2 Baths | 920 Sq. Ft. | $162,243 |
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