Iraida B. Hermann, MBA

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Listing provided courtesy of Cascade Hasson SIR- MLS# 220171623MLS Provider

0 NE Polk StreetMadras, OR 97741

Vacant Land · 1.93 Acres
$295,000 Active

0 NE Polk Street Overview

Time on Site:
693 days
Visits:
5

Attention builders, developers, and investors! Now priced at $295,000, that's under $30K per lot for this 10-parcel development opportunity. Zoned R-2, the property supports single-family, multi-family, manufactured homes, and other high-density uses. Sewer has been extended to the street, with water and power available. Prime location within Madras city limits, close to the hospital, shopping, dining, and more. Potential for city and mountain views. Buyers to verify all development possibilities and SDC fees with the City of Madras.

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0 NE Polk Street Facts & Features

  • Type Vacant Land
  • Lot 1.93 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Check with District
  • Middle Or Junior School: Jefferson County Middle
  • High School: Madras High

Business Information

  • Current Use: Vacant

Location/Region

  • County Or Parish: Jefferson
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 733.54
  • Tax Year: 2023

General Information

  • Listing Terms: Cash,Conventional,Owner Will Carry
  • Parcel Number: 908
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Total: 0

Exterior

Lot Information

  • Additional Parcels Description: Tax Lot 111301BB00- 401, 402, 300, 301, 302, 303, 304, 305, 306
  • Additional Parcels: true
  • Irrigation Water Rights: false
  • Lot Features: Sloped
  • Lot Size Acres: 1.93
  • Lot Size Area: 1.93
  • Lot Size Square Feet: 84070.8
  • Lot Size Units: Acres
  • Road Surface Type: Dirt
  • Water Source: Public

Waterfront/View

  • View: City,Mountain(s),Territorial

General Information

  • Fencing: None
  • Horse: false
  • Sewer: Public Sewer
  • Utilities: Electricity Available

0 NE Polk Street Neighborhood

Community

97741 (Madras) Demographics

40
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$52,400
Estimated Median Income
2,586
Estimated Total Home Owners
1,844
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0 NE Polk Street Monthly Cost

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$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0 NE Polk Street Market Data

Based on the last 30 days in this zip code

$464,993
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
114
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

0 NE Polk Street History

Date Event Value Agent
8/11/2025Source: Oregon Datashare Price Reduction
$295,000 -25.3%
9/16/2024Source: Oregon Datashare Price Increase
$395,000 58.6%
8/5/2024Source: Oregon Datashare Added to Database
August 05, 2024