Listed by: E Lamar Yoder · eXp Realty, LLC
- — beds
- 0 baths
- — sqft
1451 SW Olive Street, Madras, OR 97741
- Single familyHome type
- Built in 2025Year built
- 3 acresLot
- NoneHOA
About this home
**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. Room for additional growth up to 100 units.
Facts & features
Interior
- Bathrooms
- 0
- Levels
- One
Heating & cooling
- None
- None
Flooring
- Concrete
Property
- Lot size
- 3 acres
View
- Cascade Mountains
- City
- Mountain(s)
- Territorial
Parking
- Asphalt
- Gated
- Gravel
- RV Access/Parking
- Parking Lot
Construction
- Home type
- Single family
- Property type
- Commercial Sale
- Year built
- 2025
Materials
- Steel Frame
- Metal roof
Utilities
Sewer & water
- Public Sewer
- None
- Public water
- Water Meter water
Community & HOA
- HOA dues
- None
- County
- Jefferson
Financial & listing details
- List price
- $4,900,000
- Original list price
- $5,200,000
- Annual property tax
- $1,008
- Date on market
- Jun 1, 2025
- Days on market
- 489
- MLS#
- 220203015
Price & status history
| Date | Event | Price |
|---|---|---|
| Jun 1, 2025 | Listed for sale | $5,200,000 |
Neighborhood
- CityMadras, OR 97741
- CountyJefferson
Payment calculator
Estimated monthly payment
$25,882/mo
- Principal & interest$24,777
- Property taxes$84
- Homeowners insurance$1,021
- HOA dues$0
Loan amount $3,920,000 · 30-year fixed at 6.5%
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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Listing provided by eXp Realty, LLC · Listing agent: E Lamar Yoder
- Source
- MLS of Central Oregon
- MLS#
- 220203015
- Last updated
- Jan 9, 2026 at 8:44 AM
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.