Iraida B. Hermann, MBA

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Listing provided courtesy of Signet Realty- MLS# 220202673MLS Provider

748 SW Madison StreetMadras, OR 97741

Single Family · 2 Beds · 2 Full Baths · 1,050 Sq. ft. | 0.08 Acres
$262,500 Pending

748 SW Madison Street Overview

Time on Site:
398 days
Visits:
4

Exceptional Value - Brand New 2-Bedroom, 2-Bath Home w/great finishes. Now is your chance to own a beautifully designed home at a fraction of the typical price. This 1,050 sq. ft. residence showcases quality craftsmanship, modern layout & a host of upgrades-making it an unbeatable opportunity for both first-time buyers & savvy investors. Step inside to a bright, open-concept living space that connects the kitchen, dining & living areas—ideal for everyday comfort or entertaining guests. The kitchen features quartz countertops, stainless steel appliances & comes fully equipped with a refrigerator, range, microwave, washer & dryer. The fenced backyard adds privacy & functionality, perfect for pets, gatherings, or gardening. Looking for a multi-generational solution or investment potential? Two additional brand-new homes—offering similar finishes & layouts—are available right next door. Don't miss the rare chance to purchase side-by-side properties! Opportunities like this are rare.

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748 SW Madison Street Facts & Features

  • Type Single Family
  • Sq. ft. 1,050
  • Price/Sq.ft. $250
  • Lot 0.08 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

Building Information

  • New Construction: true
  • Year Built: 2025

Location/Region

  • County Or Parish: Jefferson
  • Subdivision Name: Railroad

Tax Information

  • Tax Annual Amount: 1356.64
  • Tax Year: 2025

General Information

  • Inclusions: Stove, Dishwasher, Refrig., Vent Hood, W&D
  • Listing Terms: Cash,Conventional,FHA,USDA Loan,VA Loan
  • Parcel Number: 22518
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1050.0

General Information

  • Appliances: Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer,Water Heater
  • Basement: None
  • Common Walls: No Common Walls
  • Flooring: Carpet,Laminate
  • Foundation Details: Stemwall
  • Interior Features: Double Vanity,Fiberglass Stall Shower,Open Floorplan,Primary Downstairs
  • Levels: One
  • Living Area: 1050.0
  • Living Area Source: Builder
  • Security Features: Smoke Detector(s)
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Concrete,Driveway,No Garage,On Street,Shared Driveway

Lot Information

  • Additional Parcels: false
  • Irrigation Source: None
  • Lot Features: Fenced
  • Lot Size Square Feet: 3484.8
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Neighborhood

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Sewer: Public Sewer

748 SW Madison 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.

748 SW Madison Street Monthly Cost

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$ %
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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.

748 SW Madison 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

748 SW Madison Street History

Date Event Value Agent
6/19/2026Source: Oregon Datashare Status Change
Pending
5/23/2026Source: Oregon Datashare Price Reduction
$262,500 -2.7%
4/14/2026Source: Oregon Datashare Price Reduction
$269,900 -1.8%
2/10/2026Source: Oregon Datashare Price Increase
$274,900 1.9%
12/4/2025Source: Oregon Datashare Price Increase
$269,900 1.9%
10/10/2025Source: Oregon Datashare Price Reduction
$264,900 -1.9%
9/11/2025Source: Oregon Datashare Price Reduction
$269,900 -1.8%
5/27/2025Source: Oregon Datashare Added to Database
May 27, 2025