0.14 AC · Land
646 SW Palmain Place
Madras, OR 97741
$1,250,000
Madras, OR 97741 · N/A
MLS# 220225168 · Active
This is your chance to own an income property on the beautiful Deschutes River. 17 spaces that lease for around $500.00 a month. Nice common laundry with two commercial coin-operated washers and dryers and a bathroom. Besides the 16 trailer spaces, there is a small stick-built cabin. The property includes a riverfront frame house that needs remodeling. Fix this house up and live on the river while you bring in $8,000 a month! The infrastructure has been upgraded and well maintained. These types of investments are hard to find, act fast! Please no not 'drive through'. We want to respect the privacy of the tenants.
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| Date | Event | Price |
|---|---|---|
| Jul 11, 2026 | Listed for sale | $1,250,000 |
From the MLS: original list price and latest price change. 87 days on market.
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.
44.7610° N · 121.2275° W
Directions$7,217/mo
$1,000,000 loan · 30 yr fixed · 6.5%
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.
0.14 AC · Land
646 SW Palmain Place
Madras, OR 97741
0.46 AC · Multi Family
115 NE A Street
Madras, OR 97741
3 BD · 1 BA · 1,514 SF · 159 AC
1201 NW Highway 26
Madras, OR 97741
3 BD · 1 BA · 1,514 SF · 159 AC
1201 NW Highway 26
Madras, OR 97741
Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
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