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$339,000 Just Listed
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Property Description
Excellent Investment Opportunity - 433 & 435 SE 9th St Madras. Two Homes on One Property! This income-producing property features two separate homes on one lot (not a duplex). The larger residence offers 1,376 sq. ft. with 2 bedrooms and 1 bathroom, while the smaller home includes 487 sq. ft. with 1 bedroom and 1 bathroom. Both homes have updated electrical, HVAC, Roof, and plumbing systems and 3 year old solar system, keeping utility costs extremely low. Current monthly rental income is $2,700, making this a strong cash-flow opportunity. Each unit includes its own private storage area. Both homes are in good condition with updated flooring and fixtures throughout. Tenants are long-term, reliable renters. Fridges, ranges, washers & dryers included. Buyer may assume solar lease of $38,000 at 0.5%. If Buyer assumes lease, purchase price reduced accordingly. No showings without an accepted offer. Seller is licensed Oregon, Real Estate Agent.
Full Property Details
Full Property Details for 433 SE 9th St
General
- Price: $339,000
- Taxes: $2,255 (2025)
- Status: Active
- Type: Duplex
- Source: ODS
- MLS ID: 220215771
- Updated: Today (2/21/2026)
- Added to Site: Today
Interior
- Interior Features: Dual Flush Toilet(s), Fiberglass Stall Shower, Laminate Counters, Pantry, Shower/Tub Combo, Solid Surface Counters, Walk-In Closet(s)
- Appliances: Dryer, Range, Refrigerator, Washer, Water Heater
- Flooring: Carpet, Vinyl
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Parking Features: Driveway
- Parking: Driveaway
Location
- Area: 1863
- County: Jefferson
- Subdivision: Madras
- Cross Streets: G Street
- Driving Directions: Highway 97, East on buff Street, and North on 9th Street to the property.
School Information
- Elementary School: Buff Elementary
- Middle School: Jefferson County Middle
- High School: Madras High
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump, Wall/Window Unit(s)
- Heating Type: Electric, Heat Pump, Wall Furnace, Zoned
Utilities
- Sewer: Public Sewer
- Water: Water Meter
Structural Information
- Architectural Style: Ranch, Traditional
- Construction: Block, Frame
- Exterior Const.: Courtyard, Fire Pit
- Basement Desc.: Partial
- Foundation: Concrete Perimeter, Slab, Stemwall
- Roof: Composition, Metal
- Common Walls: No Common Walls
- Square Feet: 1,863
- Sq. Ft. Source: Assessor
- Year Built: 1946
Additional Structures
- Other Structures: Shed(s), Storage
Lot Features
- Property View: Territorial
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Frontage: Shared Access
- Street/Road Desc.: Paved
- Lot Features: Fenced, Garden, Landscaped, Sloped, Xeriscape Landscape
- Zoning: R1
Financial Considerations
- Tax Amount: $2,255.67
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- APN: 10155
- Section: Not Applicable
Listed by eXp Realty, LLC (888) 814-9613, E Lamar Yoder
Get Pre-Approved Today
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Schools
Schools serving 433 SE 9th St
School District:Jefferson County School District 509j
| Name | Grades | Distance |
|---|---|---|
Madras Elementary School 215 Southeast 10th Street, Madras, OR 97741 | K-5 | 0.2 mi |
Jefferson County Middle School 1180 Southeast Kemper Way, Madras, OR 97741 | 6-8 | 1 mi |
Madras High School 390 Southeast 10th Street, Madras, OR 97741 | 9-12 | 0.1 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 433 SE 9th St
Date
Details
Price
Change
Source
2/21/2026
Listed
$339,000
64.56%
MLS
12/06/2019
Sold
$206,000
—
Public Record
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
Tax History for 433 SE 9th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,256
2%
$109,800
3%
2024
$2,217
7%
$106,610
3%
2023
$2,077
2%
$103,510
3%
2022
$2,046
4%
$100,500
3%
2021
$1,959
2%
$97,580
3%
2020
$1,918
4%
$94,740
3%
2019
$1,851
3%
$91,990
3%
2018
$1,793
4%
$89,320
3%
2017
$1,727
8%
$86,720
3%
2016
$1,597
—
$84,200
13%
2016
$1,597
—
$74,420
—
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 433 SE 9th St
433 SE 9th Street, Madras, OR 97741 (MLS# 220215771) is a Duplex property with 0 bedrooms and 0 full bathrooms. 433 SE 9th Street is currently listed for $339,000 and was received on February 22, 2026. Want to learn more about 433 SE 9th Street? Do you have questions about finding other Duplex real estate for sale in Madras? You can browse all Madras real estate or contact a Coldwell Banker agent to request more information.

