Listed by: Colleen Sullivan Fletcher · eXp Realty, LLC

$395,000Price cut $30,000
  • 3 beds
  • 2 baths
  • 3,005 sqft

248 SE 10th Street, Madras, OR 97741

Est. $2,386/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 1966Year built
  • 6,970 sqftLot
  • $131/sqftPrice per sqft
  • NoneHOA

About this home

  • Listed Jun 22, 2026
  • 103 days on market
  • 52 photos

This one-of-a-kind property offers unique flexibility for a variety of lifestyles & needs. A separate upstairs entrance leads to a self-contained 1-bedroom apartment with kitchen, dining area, full bath, washer/dryer & A/C--ideal for rental income, multi-generational living or guests. The light-filled main home offers flexible room configurations, abundant storage, kitchen with large island, dining area, comfortable living room & large family/media room. A separate downstairs entrance provides options for a home office, studio or hobby space. Outside, enjoy yard space surrounding the corner lot, potential RV parking, plus a large shed/workshop for storage, projects, tools or hobbies. The roof is only 3 years old. Located in an established neighborhood near schools, local parks, shopping & community celebrations in the park, and just 45 minutes from Bend. This versatile property--a great investment opportunity--offers far more than first meets the eye and is best appreciated in person!

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Full bathrooms
2
Living area
3,005 sqft
Levels
One

Features

  • Smart Light(s)
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Kitchen Island
  • Laminate Counters
  • Linen Closet
  • Pantry
  • Primary Downstairs
  • Shower/Tub Combo
  • Solar Tube(s)
  • Wired for Data
  • Wired for Sound

Appliances

  • Instant Hot Water
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Range
  • Range Hood
  • Refrigerator
  • Tankless Water Heater
  • Trash Compactor
  • Washer
  • Water Heater

Heating & cooling

  • Fireplace(s)
  • Electric
  • Forced Air
  • Natural Gas
  • Central Air
  • None

Flooring

  • Carpet
  • Hardwood
  • Tile
  • Vinyl

Property

Lot size
6,970 sqft
Subdivision
Palmain

Exterior features

  • Courtyard

View

  • Neighborhood

Parking

  • Concrete
  • Driveway
  • No Garage
  • On Street

Construction

Home type
Single Family Residence
Property type
Residential
Year built
1966

Materials

  • Frame
  • Structural Insulated Panels
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
Palmain
HOA dues
None
County
Jefferson

Financial & listing details

List price
$395,000
Original list price
$425,000
Price per sqft
$131
Annual property tax
$3,688
Date on market
Jun 22, 2026
Days on market
103
MLS#
220223825

Price & status history

DateEventPrice
Jun 22, 2026Listed for sale$425,000

Neighborhood

  • SubdivisionPalmain
  • CityMadras, OR 97741
  • CountyJefferson

Payment calculator

Estimated monthly payment

$2,386/mo

  • Principal & interest$1,997
  • Property taxes$307
  • Homeowners insurance$82
  • HOA dues$0

Loan amount $316,000 · 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.

Similar homes

MLSCO

Listing provided by eXp Realty, LLC · Listing agent: Colleen Sullivan Fletcher

Source
MLS of Central Oregon
MLS#
220223825
Last updated
Oct 1, 2026 at 11:57 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.