Date
Details
Price
Change
Source
9/15/2026
Listed
$1,190,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/13
$1,190,000 Just Listed
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1/13
Property Description
This property has been one of the best rental properties in Madras, with few if any vacancies. Great place for a family with lots of room to live & play, close to schools, trails & bowling center. While built in 1961, they have been owned by investors that have taken good care of the property for a long-term investment. New Mini Split for HVAC added recently to all units. Nice grass backyard fully fenced. Adjacent to Sahalee Park, with splash park, playground equipment, pavilion and picnic areas. Within walking distance to shops, restaurants, banks and more.
Full Property Details
Full Property Details for 115 NE A St
General
- Price: $1,190,000
- Taxes: $8,571 (2025)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 306803890
- Updated: 9/15/2026
- Added to Site: 4 day(s) ago
Rental Information
- Rent Includes: Sewer, Trash Collection
Parking
- Total Spaces: 10
- Parking Features: On Street, Open
Location
- County: Jefferson
- Subdivision: Palmain
- Driving Directions: From SW 5th Street, go right on NE A Street. Pass NE 6th St, Apartment building is on the left.
School Information
- Elementary School: Madras
- Middle School: Jefferson Co
- High School: Madras
Community
- Community Name: 340 - Jefferson County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Mini Split, Window Unit(s)
- Heating Type: Baseboard, Ductless, Other
- Heating Fuel: None
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Basement Desc.: Full Basement
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 6,125
- Year Built: 1961
- Property Condition: Existing
Lot Features
- Lot Size (Acres): 0.46
- Lot Size (Sq. Ft.): 20,037
- Lot Size: 15, 000 to 19, 999 SqFt
- Frontage: Paved
- Lot Features: Corner Lot
Financial Considerations
- Operating Expenses: $53,189
- Tax Amount: $8,571.77
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: Palmain - Block 3
- Disclosures/Reports: Disclosure
- Property ID: 9206
Listed by Emerald Coast Realty-Seal Rock (541) 283-3589, Geoff Groener (541) 390-4488
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Listing agent
— 115 NE A St —
Geoff Groener
Emerald Coast Realty-Seal Rock
541-283-3589
NMLS#: 1598647
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Schools
Schools serving 115 NE A St
School District:Jefferson County School District 509j
| Name | Grades | Distance |
|---|---|---|
Madras Elementary School 215 Southeast 10th Street, Madras, OR 97741 | K-5 | 0.3 mi |
Jefferson County Middle School 1180 Southeast Kemper Way, Madras, OR 97741 | 6-8 | 1.1 mi |
Madras High School 390 Southeast 10th Street, Madras, OR 97741 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 NE A St
Tax History
Tax History for 115 NE A St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,572
2%
$417,250
3%
2024
$8,424
7%
$405,100
3%
2023
$7,891
1%
$393,310
3%
2022
$7,775
4%
$381,860
3%
2021
$7,444
2%
$370,740
3%
2020
$7,288
4%
$359,950
3%
2019
$7,032
3%
$349,470
3%
2018
$6,809
8%
$339,300
3%
2017
$6,283
8%
$329,420
3%
2016
$5,813
—
$319,830
2%
2016
$5,813
—
$312,580
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 NE A St
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- Commercial Service
- Closed
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115 NE A St, Madras, OR 97741 (MLS# 306803890) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 115 NE A St is currently listed for $1,190,000 and was received on September 15, 2026. Want to learn more about 115 NE A St? Do you have questions about finding other Multi-Family real estate for sale in Madras? You can browse all Madras real estate or contact a Coldwell Banker agent to request more information.