Listed by: Cyndi Elizabeth Robertson · Cascade Hasson SIR

$295,000Price cut $5,000
  • 1.93 acres

0 NE Polk Street, Madras, OR 97741

Est. $1,553/moPayment calculator
  • Residential LotsHome type
  • 1.93 acresLot
  • NoneHOA

About this home

  • Listed Jun 10, 2026
  • 115 days on market
  • 18 photos

Attention builders, developers, and investors! Now priced at $295,000, that's under $30K per lot for this 10-parcel development opportunity. Zoned R-2, the property supports single-family, multi-family, manufactured homes, and other high-density uses. Sewer has been extended to the street, with water and power available. Prime location within Madras city limits, close to the hospital, shopping, dining, and more. Potential for city and mountain views. Buyers to verify all development possibilities and SDC fees with the City of Madras.

Facts & features

Property

Lot size
1.93 acres
Subdivision
N/A

View

  • City
  • Mountain(s)
  • Territorial

Construction

Home type
Residential Lots
Property type
Land

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Jefferson

Financial & listing details

List price
$295,000
Original list price
$300,000
Annual property tax
$734
Date on market
Jun 10, 2026
Days on market
115
MLS#
220171623

Price & status history

DateEventPrice
Jun 10, 2026Listed for sale$300,000

Neighborhood

  • SubdivisionN/A
  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$1,553/mo

  • Principal & interest$1,492
  • Property taxes$61
  • Homeowners insurance$0
  • HOA dues$0

Loan amount $236,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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MLSCO

Listing provided by Cascade Hasson SIR · Listing agent: Cyndi Elizabeth Robertson

Source
MLS of Central Oregon
MLS#
220171623
Last updated
Jun 10, 2026 at 12:45 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.