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:
2/10/2026
Description
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.
Supplements: ********
More Information MLS# 201907334
Location, Tax, and Legal
Cross Street: Hwy 97
Section: SW
Parcel Number: 1313
Tax Map Number: 111311DC
Tax Lot: 0
Tax Block: 0
Lot Size Acres: 4.57
Lot Size Square Feet: 199069
Contract Information
List Price per SqFt: 103.234
Current Price: $5,675,000
Status: Closed
Original List Price: 5950000
Sold Price: $5,675,000
Listing Contract Date: 2019-07-29
General Property Information
Building Area Total: 57636
Building Area Source: Assessor
# of Units Total: 64
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 Sub Type: Multi Family
Year Built: 1996
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
Sold Price per SqFt: 98.4627
Close Date: 2019-11-08
Under Contract Date: 2019-09-09
Status Change Timestamp: 2019-11-11
Close Price: 5675000
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Architectural Style
Traditional: 1
Cooling
Wall/Window Unit(s): 1
Construction Materials
Frame: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Listing Terms
Assumable: 1
Cash: 1
Foundation Details
Slab: 1
Heating
Electric: 1
Wall Furnace: 1
Interior Features
Ceiling Fan(s): 1
Levels
Two: 1
Lot Features
Fenced: 1
Landscaped: 1
Roof
Composition: 1
Unit 1
Unit #: A-2
# of Bedrooms: 3
Square Footage: 1008
# Full Baths: 2
Monthly Rent: 850
Unit 2
Unit #: A-3
# of Bedrooms: 2
Square Footage: 792
# Full Baths: 1
Monthly Rent: 750
Unit 3
Square Footage: 0
Unit 4
Square Footage: 0
Road Surface Type
Paved: 1
View
City: 1
Community Features
Short Term Rentals Allowed: 1
Parking Features
No Garage: 1
Other: 1
Patio and Porch Features
Deck: 1
Patio: 1
Sewer
Public Sewer: 1
Water Source
Private: 1
Parking Details
# of Other Parking: 110
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
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
Listing Office:
Compass Commercial Real Estate
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.