Listed by: Richard Allen · Willow Canyon Group
- — beds
- 0 baths
- — sqft
242 SW 4th Street Unit E, Madras, OR 97741
- Single familyHome type
- Built in 1979Year built
- 0.37 acresLot
- NoneHOA
About this home
Great Office / Retail /Non-Profit Suite . MOVE IN SPECIAL ONE FREE MONTH RENT with signed lease. Nearly 800 sq. ft., private restroom and visible downtown Madras, across from Black Bear Diner. 3 private offices, conference room and IT room. ADA access, street level off street parking. $750 per month + $210 per month common area charge (sewer, water, snow plowing, real property taxes, building fire insurance etc). Tenant pays electricity and natural gas (air conditioned). Perfect for a professional office, medical or counseling business, CPA or legal. No general retail. Current tenants are a non-profit, massage, chiropractor and general business office.
Facts & features
Interior
- Bathrooms
- 0
- Levels
- One
Heating & cooling
- Forced Air
- Natural Gas
- Heat Pump
Flooring
- Carpet
- Vinyl
Property
- Lot size
- 0.37 acres
- Subdivision
- Palmain
Parking
- Asphalt
- On Street
- Other
- Parking Lot
Construction
- Home type
- Single family
- Property type
- Commercial Lease
- Year built
- 1979
Materials
- Frame
- Membrane roof
Utilities
Sewer & water
- Public Sewer
- Public water
Community & HOA
- Subdivision
- Palmain
- HOA dues
- None
- County
- Jefferson
Financial & listing details
- List price
- $750
- Annual property tax
- $6,572
- Date on market
- Oct 6, 2026
- Days on market
- 0
- MLS#
- 220229603
Price & status history
| Date | Event | Price |
|---|---|---|
| Oct 6, 2026 | Listed for sale | $750 |
Neighborhood
- SubdivisionPalmain
- CityMadras, OR 97741
- CountyJefferson
Payment calculator
Estimated monthly payment
$552/mo
- Principal & interest$4
- Property taxes$548
- Homeowners insurance$0
- HOA dues$0
Loan amount $600 · 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 Willow Canyon Group · Listing agent: Richard Allen
- Source
- MLS of Central Oregon
- MLS#
- 220229603
- Last updated
- Oct 5, 2026 at 5:50 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.