2 BD · 1 BA · 574 SF · 1 AC
729 SE Grizzly Road
Madras, OR 97741
$225,000
Madras, OR 97741 · South Terrace
MLS# 220228946 · Active
Affordable opportunity with excellent sweat-equity potential! This 2-bedroom, 1-bath home, features vinyl windows, a newer roof installed within the past few years, a spacious attic for storage, a covered carport, and an enclosed storage area. Two driveways provide convenient access from SW Adrian Street and SW Murry Street. The property needs additional work and cleanup but offers strong potential for a buyer ready to make improvements and add value. Current zoning may allow additional dwelling units to be constructed on the property. Buyers should contact the City of Madras to verify permitted uses, development requirements, and available utilities. All personal property remaining on the premises will be included in the sale and will not be removed by the seller before closing. Don't miss this opportunity - submit your offer promptly! Per County effective year built, is 1975.
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| Date | Event | Price |
|---|---|---|
| Sep 21, 2026 | Listed for sale | $225,000 |
From the MLS: original list price and latest price change. 15 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.
44.6185° N · 121.1315° W
DirectionsAssignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
$1,359/mo
$180,000 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.
2 BD · 1 BA · 574 SF · 1 AC
729 SE Grizzly Road
Madras, OR 97741
0.12 AC · Land
15 NE 7th Street
Madras, OR 97741
0.92 AC · Commercial
702 NE Highway 97 Highway
Madras, OR 97741
0.92 AC · Commercial
702 NE Hwy 97
Madras, OR 97741
Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 10:30 AM.
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