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$4,900,000

  • For Sale
  • Active
  • Warehouse
  • Updated 8 days ago
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**For Sale: Mini-Storage Investment - 1451 SW Olive St, Madras, OR**Turnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a **keypad entry automated gate**, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market.

Full Property Details for 1456 SW Olive St

General

  • Price: $4,900,000
  • Taxes: $1,008 (2024)
  • Status: Active
  • Type: Warehouse
  • Source: RWMLS
  • MLS ID: 122483260
  • Updated: 1/9/2026
  • Added to Site: 231 day(s) ago

Parking

  • Total Spaces: 50
  • Parking Features: Off Street, Secured

Location

  • County: Jefferson
  • Driving Directions: Fairgrounds rd to Olive St

Community

  • Community Name: 340 - Jefferson County

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Heating Fuel: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 5
  • Property Detached: Yes
  • Construction: Metal Frame
  • Roof: Metal
  • Stories/Levels: 1
  • Square Feet: 51,675
  • Current Bldg. Use: Mini-Storage
  • Year Built: 2025
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 3
  • Lot Size (Sq. Ft.): 130,680
  • Lot Size: 3 to 4.99 Acres
  • Lot Dimensions: 312 x 418
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $1,008.4
  • Tax Year: 2024
  • Terms: Cash, Conventional, Other

Disclosures and Reports

  • Documents Avail.: Aerial Photo, Appraisal, Plot - Plat Map
  • Legal Description: 111314AC00301
  • Property ID: 1757

Listed by eXp Realty, LLC (888) 814-9613, E. Lamar Yoder (503) 915-8271

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Listing agent

— 1456 SW Olive St —

  • E. Lamar Yoder

    eXp Realty, LLC

    888-814-9613

503-915-8271

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1456 SW Olive St

School District:Jefferson County School District 509j
NameGradesDistance
Madras High School
390 Southeast 10th Street, Madras, OR 97741
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1456 SW Olive St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$4,900,000
-5.77%
MLS
6/01/2025
Listed
$5,200,000
2263.64%
MLS
11/09/2020
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1456 SW Olive St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$34,030
3276%
$1,656,500
3316%
2024
$1,008
7%
$48,490
3%
2023
$945
2%
$47,080
3%
2022
$931
4%
$45,710
3%
2021
$891
2%
$44,380
3%
2020
$872
4%
$43,090
3%
2019
$842
3%
$41,840
3%
2018
$815
4%
$40,630
3%
2017
$785
3%
$39,450
3%
2016
$759
2%
$38,310
3%
2014
$742
—
$37,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by eXp Realty, LLC (888) 814-9613, E. Lamar Yoder (503) 915-8271

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1456 SW Olive St, Madras, OR 97741 (MLS# 122483260) is a Warehouse property. 1456 SW Olive St is currently listed for $4,900,000 and was received on June 01, 2025. Want to learn more about 1456 SW Olive St? Do you have questions about finding other Warehouse real estate for sale in Madras? You can browse all Madras real estate or contact a Coldwell Banker agent to request more information.

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