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$235,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 2 days ago
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Affordable small commercial building to NE Madras with parking and many possibilities. Zoned C2 with urban renewal district possibilities. Commercial uses, live work home, residential, apartment, etc ... check the City Codes. 40 X 25 block constructed building on a corner lot with ADA sidewalk improvements, across from a large community park. Features 4 offices, large reception area, half bath and storage room. Only 2 blocks from main street with all utilities. Use your imagination to make some improvements and make this a great income investment or for your own personal use.

Full Property Details for 15 NE 7th St

General

  • Price: $235,000
  • Taxes: $1,137 (2025)
  • Status: Active
  • Type: Commercial
  • Source: ODS
  • MLS ID: 220215019
  • Updated: 2/9/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Laminate

Additional Information

  • Security/Safety: Security System Owned, Smoke Detector(s)

Parking

  • Total Spaces: 5
  • Parking Features: Gravel, On Street, Parking Lot

Location

  • Area: 1000
  • County: Jefferson
  • Subdivision: Palmain
  • Cross Streets: East B Street
  • Driving Directions: From NE 6th St go east on B St ... NE corner of 7th

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Heat Pump
  • Heating Type: Forced Air, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Block
  • Basement Desc.: None
  • Foundation: Slab
  • Roof: Membrane
  • Common Walls: No Common Walls
  • Windows: Vinyl Frames
  • Stories/Levels: 1
  • Square Feet: 1,000
  • Sq. Ft. Source: Assessor
  • Year Built: 1978

Manufactured Home

  • Mobile Home Type: Other

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Frontage: Private Access
  • Street/Road Desc.: Paved
  • Lot Features: Corner Lot, Level
  • Zoning: C2

Financial Considerations

  • Price Per Sq. Ft.: $235
  • Tax Amount: $1,137
  • Tax Year: 2025
  • Terms: Conventional
  • Owner Pays: Insurance, Repairs, Sewer, Water
  • Tenant Pays: Common Area Maintenance, Electricity

Disclosures and Reports

  • Special Conditions: Standard
  • Exclusions: Tenant's personal property
  • APN: 9210
  • Section: Not Applicable
  • Lot Number: 6800

Listed by RE/MAX Key Properties (541) 728-0033, Gary Everett (541) 480-6130

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Listing agent

— 15 NE 7th St —

  • Gary Everett

    RE/MAX Key Properties

    541-728-0033

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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!

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

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

Schools serving 15 NE 7th St

School District:Jefferson County School District 509j
NameGradesDistance
Madras Elementary School
215 Southeast 10th Street, Madras, OR 97741
K-50.3 mi
Jefferson County Middle School
1180 Southeast Kemper Way, Madras, OR 97741
6-81.1 mi
Madras High School
390 Southeast 10th Street, Madras, OR 97741
9-120.4 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 15 NE 7th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Listed
$235,000
183.13%
MLS
5/10/2018
Sold
$83,000
—
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 15 NE 7th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,686
2%
$82,090
3%
2024
$1,657
7%
$79,700
3%
2023
$1,553
2%
$77,380
3%
2022
$1,530
4%
$75,130
3%
2021
$1,465
2%
$72,950
3%
2020
$1,434
4%
$70,830
3%
2019
$1,384
3%
$68,770
3%
2018
$1,340
9%
$66,770
3%
2017
$1,232
8%
$64,830
4%
2016
$1,137
—
$62,580
1%
2016
$1,137
—
$62,010
—
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.

Estimate the Cost for 15 NE 7th St

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NMLS#: 1598647

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Listed by RE/MAX Key Properties (541) 728-0033, Gary Everett (541) 480-6130

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Recent Sales near 15 NE 7th St

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291 SE 7th St, Madras, OR 97741 - Photo 1 Sold
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291 SE 7th St  Madras, OR 97741

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  • 1
    Total Bath
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Listed by Windermere Realty Trust, Amy M Brown
Sold by Windermere Realty Trust, Lisa M. Hart
276 NE 9th St, Madras, OR 97741 - Photo 1 Sold
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276 NE 9th St  Madras, OR 97741

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Listed and Sold by Coldwell Banker Sun Country, Mackenzie Licea

15 NE 7th Street, Madras, OR 97741 (MLS# 220215019) is a Commercial property. 15 NE 7th Street is currently listed for $235,000 and was received on February 09, 2026. Want to learn more about 15 NE 7th Street? Do you have questions about finding other Commercial 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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