Listed by: Ali K. Stensgar-Alire · Signet Realty
- 2 beds
- 1 bath
- 574 sqft
729 SE Grizzly Road, Madras, OR 97741
- Single Family ResidenceHome type
- Built in 1970Year built
- 1 acresLot
- $392/sqftPrice per sqft
- NoneHOA
About this home
Rare Opportunity in the Heart of Madras! Situated on a full acre within city limits, this charming 2-bedroom, 1-bath home offers unique potential for the savvy buyer or investor. The home features a dedicated laundry area, two storage buildings, and has been well loved over the years. Whether you're looking for a project home to make your own or exploring development possibilities, this property holds exciting promise. Check with the City of Madras regarding potential to subdivide. Please note: the home does not have a permanent foundation and will not qualify for traditional financing.
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Full bathrooms
- 1
- Living area
- 574 sqft
- Levels
- One
Features
- Primary Downstairs
- Shower/Tub Combo
Appliances
- Oven
- Range
- Refrigerator
- Water Heater
Heating & cooling
- Electric
- Zoned
- None
Flooring
- Carpet
- Laminate
- Vinyl
Property
- Lot size
- 1 acres
- Subdivision
- N/A
View
- City
- Neighborhood
- Territorial
Parking
- Driveway
- RV Access/Parking
Construction
- Home type
- Single Family Residence
- Property type
- Residential
- Year built
- 1970
Materials
- Frame
- Composition roof
Utilities
Sewer & water
- Septic Tank
- Public water
Community & HOA
- Subdivision
- N/A
- HOA dues
- None
- County
- Jefferson
Financial & listing details
- List price
- $225,000
- Price per sqft
- $392
- Annual property tax
- $1,311
- Date on market
- Sep 1, 2026
- Days on market
- 32
- MLS#
- 220198059
Price & status history
| Date | Event | Price |
|---|---|---|
| Sep 1, 2026 | Listed for sale | $225,000 |
Neighborhood
- SubdivisionN/A
- CityMadras, OR 97741
- CountyJefferson
Payment calculator
Estimated monthly payment
$1,294/mo
- Principal & interest$1,138
- Property taxes$109
- Homeowners insurance$47
- HOA dues$0
Loan amount $180,000 · 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 Signet Realty · Listing agent: Ali K. Stensgar-Alire
- Source
- MLS of Central Oregon
- MLS#
- 220198059
- Last updated
- Sep 1, 2026 at 10:49 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.