Price cut $5K
$395,000
1/52 BD · 2 BA · 1,563 SF · 0.22 AC
268 NE Hillcrest Street
Madras, OR 97741
#220223215 01 / 52
For sale Price cut $30K on Aug 14
$395,000
248 SE 10th Street
Madras, OR 97741 · Palmain
- Beds
- 3
- Baths
- 2
- Sq ft
- 3,005
- Acres
- 0.16
- Built
- 1966
- $/SF
- $131
Est. $2,453/mo~68 min to downtown Bend (approx.)
Listing by eXp Realty, LLC · 888-814-9613
MLS# 220223825 · Active
01
About this home
This one-of-a-kind property offers unique flexibility for a variety of lifestyles & needs. A separate upstairs entrance leads to a self-contained 1-bedroom apartment with kitchen, dining area, full bath, washer/dryer & A/C--ideal for rental income, multi-generational living or guests. The light-filled main home offers flexible room configurations, abundant storage, kitchen with large island, dining area, comfortable living room & large family/media room. A separate downstairs entrance provides options for a home office, studio or hobby space. Outside, enjoy yard space surrounding the corner lot, potential RV parking, plus a large shed/workshop for storage, projects, tools or hobbies. The roof is only 3 years old. Located in an established neighborhood near schools, local parks, shopping & community celebrations in the park, and just 45 minutes from Bend. This versatile property--a great investment opportunity--offers far more than first meets the eye and is best appreciated in person!
02
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03
Price history
Cut $30K| Date | Event | Price |
|---|---|---|
| Aug 14, 2026 | Price cut−$30,000 (7.1%) | $395,000 |
| Jun 21, 2026 | Listed for sale | $425,000 |
From the MLS: original list price and latest price change. 107 days on market.
04
Drive times
~68 min to downtown Bend- Smith Rock State Park~35 min · 23.9 mi
- Redmond Airport (RDM)~47 min · 34 mi
- Sisters~55 min · 41 mi
- St. Charles Bend~66 min · 51.3 mi
- Downtown Bend~68 min · 53 mi
- Old Mill District~69 min · 54.1 mi
- Mt. Bachelor~86 min · 69 mi
- Sunriver Village~88 min · 70.8 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1966- Type
- Single Family Residence
- Year built
- 1966
- Lot
- 0.16 AC · 6,970 SF
- Price / SF
- $131
- HOA
- None reported
- Taxes
- $3,688/yr
- Subdivision
- Palmain
- County
- Jefferson
- Days on market
- 107
- MLS #
- 220223825
- Interior
- Breakfast Bar · Built-in Features · Ceiling Fan(s) · Kitchen Island · Laminate Counters · Pantry · Solar Tube(s) · Wired for Data · Wired for Sound · Smart Light(s) · Linen Closet · Shower/Tub Combo · High Speed Internet
- Appliances
- Dishwasher · Disposal · Dryer · Microwave · Range · Range Hood · Refrigerator · Tankless Water Heater · Trash Compactor · Washer · Water Heater · Instant Hot Water
- Flooring
- Carpet · Hardwood · Tile · Vinyl
- Heating
- Electric · Forced Air · Natural Gas
- Cooling
- Central Air
- Fireplace
- Electric · Family Room · Gas · Living Room · Office
- Exterior
- Courtyard
- Parking
- Concrete · Driveway · No Garage · On Street
- View
- Neighborhood
- Lot
- Corner Lot · Garden · Landscaped · Level · Sprinklers In Front · Sprinklers In Rear · Sprinkler Timer(s) · Fenced
- Construction
- Frame · Structural Insulated Panels
- Roof
- Composition
- Community
- Sport Court · Trail(s) · Park · Playground · Tennis Court(s) · Pickleball · Access to Public Lands · Gas Available · Pool
06
Location & schools
Palmain44.6326° N · 121.1248° W
Directions- Elementary
- Madras Elementary
- Middle
- Jefferson County Middle
- High
- Madras High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$2,453/mo$2,453/mo
$316,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $1,997
- Property tax (listing)
- $307
- Home insurance (est.)
- $148
20% · $79,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220207304Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 10:30 AM.
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