Real Estate Investment Properties for Sale in Madras, OR

Looking for investment property in Madras, OR with high ROI ?

Explore a variety of short-term homes & houses in Madras, OR. Invest wisely with VRBO & Madras, OR Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Madras, OR

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
181 SE Tracie Street Madras, OR Charming and clean single-level 3 bedroom 2 bath home with an inviting open floor concept ...	3 beds \| 2 baths \| 1,344 sq.ft.	$380,000	Airbnb cash on cash: 3.88% Traditional cash on cash: 6.45% Airbnb Rental Income: $2726 Traditional Rental Income: $3002 Airbnb ROI: 3.88% Traditional ROI: 6.45%
832 SE Kierra Place Madras, OR Nice townhouse ready to enjoy. Nice condition inside and out. Priced to sell!	3 beds \| 2 baths \| 1,092 sq.ft.	$275,000	Airbnb cash on cash: 5.94% Traditional cash on cash: 3.73% Airbnb Rental Income: $2726 Traditional Rental Income: $1509 Airbnb ROI: 5.94% Traditional ROI: 3.73%
844 SE Kierra Place Madras, OR Nice townhouse ready to enjoy. Fresh exterior paint. Open floorplan. Fenced in back ya...	3 beds \| 2 baths \| 1,092 sq.ft.	$275,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 4.19% Airbnb Rental Income: $2726 Traditional Rental Income: $1733 Airbnb ROI: 5.54% Traditional ROI: 4.19%
433 SE Larkspur Drive Madras, OR Dramatic views of seven Cascade peaks from this three-year-old, lightly lived in home loca...	4 beds \| 3 baths \| 2,362 sq.ft.	$569,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $2915 Airbnb ROI: N/A Traditional ROI: 3.56%
2595 SW Culver Highway Madras, OR This property's possibilities are infinite! If farm to table living is your desire, then l...	3 beds \| 2 baths \| 2,030 sq.ft.	$695,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 3.69% Airbnb Rental Income: $2726 Traditional Rental Income: $3358 Airbnb ROI: 1.72% Traditional ROI: 3.69%
1202 SE Yarrow Avenue Madras, OR Custom-built beautiful home with great Cascade Mountain views. Hardwood floors and quartz...	3 beds \| 2 baths \| 1,582 sq.ft.	$499,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 4.93% Airbnb Rental Income: $2726 Traditional Rental Income: $3388 Airbnb ROI: 2.13% Traditional ROI: 4.93%
5769 NW Columbia Drive Madras, OR Beautifully updated 2031 sq ft, single-level farm home with an additional 832 sq ft of liv...	4 beds \| 2 baths \| 2,863 sq.ft.	$430,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.9% Airbnb Rental Income: $null Traditional Rental Income: $4015 Airbnb ROI: N/A Traditional ROI: 7.9%
573 NE Loucks Road Madras, OR Introducing Sagebrook Estates, a beautiful new community on the rural edge of town. Energy...	3 beds \| 2 baths \| 1,622 sq.ft.	$344,950	Airbnb cash on cash: 4.04% Traditional cash on cash: 7.47% Airbnb Rental Income: $2726 Traditional Rental Income: $3193 Airbnb ROI: 4.04% Traditional ROI: 7.47%
1940 SE Sagebrush Drive Madras, OR Nestled in the desirable neighborhood of Canyon View, just minutes from the school distric...	4 beds \| 2 baths \| 2,014 sq.ft.	$529,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $3253 Airbnb ROI: N/A Traditional ROI: 4.87%
738 NE Marigold Street Madras, OR BACK ON THE MARKET AT NO FAULT OF THE HOME. This contemporary home in Madras, Oregon is r...	3 beds \| 2 baths \| 1,964 sq.ft.	$439,990	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.62% Airbnb Rental Income: $2726 Traditional Rental Income: $3137 Airbnb ROI: 3.06% Traditional ROI: 5.62%
2152 SW Culver Highway Madras, OR This family is selling their beloved residence they have used as their self-sufficient hom...	3 beds \| 2 baths \| 1,300 sq.ft.	$575,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 3.3% Airbnb Rental Income: $2726 Traditional Rental Income: $2593 Airbnb ROI: 2.35% Traditional ROI: 3.3%
813 SE Kristin Way Madras, OR Welcome to this spacious townhome! The expansive great room on the lower level invites eve...	3 beds \| 3 baths \| 1,760 sq.ft.	$299,000	Airbnb cash on cash: 5.42% Traditional cash on cash: 7.27% Airbnb Rental Income: $2726 Traditional Rental Income: $2603 Airbnb ROI: 5.42% Traditional ROI: 7.27%
3760 SW Highway 97 Madras, OR Stunning Country Estate, One-of-a-kind property. Multi-generational living. Well-crafted ...	5 beds \| 6 baths \| 4,533 sq.ft.	$1,395,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $6397 Airbnb ROI: N/A Traditional ROI: 3.34%
727 NE Loucks Road Madras, OR Great opportunity in Madras. Large pull through driveway. Huge Lot to park your RV, Boat, ...	4 beds \| 3 baths \| 3,096 sq.ft.	$495,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.91% Airbnb Rental Income: $null Traditional Rental Income: $4049 Airbnb ROI: N/A Traditional ROI: 6.91%
1242 NW Golf Course Drive Madras, OR This beautiful, single level home offers 4 bedrooms, and 2 bathrooms. Located in the covet...	4 beds \| 2 baths \| 1,868 sq.ft.	$499,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.53% Airbnb Rental Income: $null Traditional Rental Income: $3417 Airbnb ROI: N/A Traditional ROI: 5.53%
20 NW Dogwood Lane Madras, OR Do you want a special, quality home with a fantastic sweeping view of the majestic Cascade...	3 beds \| 3 baths \| 2,362 sq.ft.	$989,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 2.68% Airbnb Rental Income: $2726 Traditional Rental Income: $3777 Airbnb ROI: 0.84% Traditional ROI: 2.68%
739 NE Marigold Street Madras, OR Welcome home to this stunning 2-story, 4-bedroom home at the end of a quiet street. This c...	4 beds \| 3 baths \| 2,045 sq.ft.	$559,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.55% Airbnb Rental Income: $null Traditional Rental Income: $3325 Airbnb ROI: N/A Traditional ROI: 4.55%
1315 SW Dover Lane Madras, OR Discover unparalleled potential with this expansive 179.17-acre property w/4-buildable lot...	3 beds \| 4 baths \| 2,143 sq.ft.	$1,799,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 0.02% Airbnb Rental Income: $2726 Traditional Rental Income: $3495 Airbnb ROI: -0.83% Traditional ROI: 0.02%
1855 NE Bendover Road Madras, OR Come see this 2.09 acre country gem with farm views! Recently updated with new countertops...	3 beds \| 2 baths \| 1,080 sq.ft.	$375,000	Airbnb cash on cash: 4.48% Traditional cash on cash: 6.31% Airbnb Rental Income: $2726 Traditional Rental Income: $2728 Airbnb ROI: 4.48% Traditional ROI: 6.31%
864 SW 3rd Street Madras, OR Possibility at the right price... Sturdy and well maintained SFR. Older but not shabby. Ow...	3 beds \| 1 baths \| 1,308 sq.ft.	$319,900	Airbnb cash on cash: 5.12% Traditional cash on cash: 7.25% Airbnb Rental Income: $2726 Traditional Rental Income: $2725 Airbnb ROI: 5.12% Traditional ROI: 7.25%
770 NE 16th Street Madras, OR Introducing Sagebrook Estates, a beautiful new community on the rural edge of town. Energy...	3 beds \| 2 baths \| 1,677 sq.ft.	$379,950	Airbnb cash on cash: 3.5% Traditional cash on cash: 6.79% Airbnb Rental Income: $2726 Traditional Rental Income: $3258 Airbnb ROI: 3.5% Traditional ROI: 6.79%
750 NE Rickenbacker Road Madras, OR Introducing Sagebrook Estates, a beautiful new community on the rural edge of town. Energy...	3 beds \| 2 baths \| 1,074 sq.ft.	$289,950	Airbnb cash on cash: 5.21% Traditional cash on cash: 7.52% Airbnb Rental Income: $2726 Traditional Rental Income: $2713 Airbnb ROI: 5.21% Traditional ROI: 7.52%
1928 SW Grant Street Madras, OR Awesome investment opportunity with amazing Cascade Mountain views. 4-bedroom, 2.5-bath, 2...	4 beds \| 2 baths \| 2,524 sq.ft.	$446,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $3786 Airbnb ROI: N/A Traditional ROI: 7.07%
185 SE G Street Madras, OR Welcome to this spacious 4-bedroom, 2-bath home in Madras, OR, offering nearly 3,000 sqft ...	4 beds \| 2 baths \| 2,972 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.77% Airbnb Rental Income: $null Traditional Rental Income: $3834 Airbnb ROI: N/A Traditional ROI: 8.77%
805 SE Dacotah Court Madras, OR Looking for the ultimate blend of comfort and modern living? This stunning single-level ho...	3 beds \| 2 baths \| 1,574 sq.ft.	$449,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 5.93% Airbnb Rental Income: $2726 Traditional Rental Income: $3278 Airbnb ROI: 3.09% Traditional ROI: 5.93%
1001 SE Greenleaf Lane Madras, OR Discover your dream home in this stunning new construction single-story residence, offerin...	3 beds \| 3 baths \| 2,051 sq.ft.	$625,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 4.87% Airbnb Rental Income: $2726 Traditional Rental Income: $3577 Airbnb ROI: 2.31% Traditional ROI: 4.87%
216 NE 9th Street Madras, OR Discover this charming upgraded 2 bedroom, 1 bath home, perfect for first-time buyers or t...	2 beds \| 1 baths \| 920 sq.ft.	$292,997	Airbnb cash on cash: N/A Traditional cash on cash: 5.01% Airbnb Rental Income: $null Traditional Rental Income: $1929 Airbnb ROI: N/A Traditional ROI: 5.01%
652 NE McCampbell Street #106 Madras, OR Introducing Sagebrook Estates, a beautiful new community on the rural edge of town. Energy...	3 beds \| 2 baths \| 1,677 sq.ft.	$379,950	Airbnb cash on cash: 3.53% Traditional cash on cash: 7.23% Airbnb Rental Income: $2726 Traditional Rental Income: $3401 Airbnb ROI: 3.53% Traditional ROI: 7.23%
557 NE McCampbell Street Madras, OR Welcome to Sagebrook Estates! This beautifully designed single-level residence spans 883 s...	3 beds \| 1 baths \| 883 sq.ft.	$269,950	Airbnb cash on cash: 5.73% Traditional cash on cash: 6.19% Airbnb Rental Income: $2726 Traditional Rental Income: $2199 Airbnb ROI: 5.73% Traditional ROI: 6.19%
770 NE Rickenbacker Road Madras, OR Welcome to Sagebrook Estates! This beautifully designed single-level residence spans 1074 ...	3 beds \| 2 baths \| 1,074 sq.ft.	$289,950	Airbnb cash on cash: 5.21% Traditional cash on cash: 7.81% Airbnb Rental Income: $2726 Traditional Rental Income: $2792 Airbnb ROI: 5.21% Traditional ROI: 7.81%
1774 W Ashwood Lane Madras, OR Highly productive 198 acre farm in Central Oregon with 146.9 acres of Deschutes River wate...	4 beds \| 2 baths \| 2,477 sq.ft.	$1,890,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.76% Airbnb Rental Income: $null Traditional Rental Income: $3598 Airbnb ROI: N/A Traditional ROI: 0.76%
775 SE Tumbleweed Lane Madras, OR Nestled on a stunning 2.44 acre horse property, this home is truly a slice of paradise. Th...	3 beds \| 2 baths \| 1,960 sq.ft.	$559,000	Airbnb cash on cash: 2.23% Traditional cash on cash: 4.44% Airbnb Rental Income: $2726 Traditional Rental Income: $3236 Airbnb ROI: 2.23% Traditional ROI: 4.44%
101 NE Daisy Street Madras, OR Discover your dream home! This beautifully remodeled 3-bedroom, 2-bath home is ready for y...	3 beds \| 2 baths \| 1,512 sq.ft.	$334,999	Airbnb cash on cash: 4.96% Traditional cash on cash: 7.12% Airbnb Rental Income: $2726 Traditional Rental Income: $2762 Airbnb ROI: 4.96% Traditional ROI: 7.12%
233 NW Double Eagle Avenue Madras, OR Welcome to Modern Comfort in the Heart of Madras, Oregon! Key Features & Amenities:Feels L...	4 beds \| 2 baths \| 1,906 sq.ft.	$389,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.17% Airbnb Rental Income: $null Traditional Rental Income: $3772 Airbnb ROI: N/A Traditional ROI: 8.17%
142 NW Lee Street Madras, OR Do you want a classy home in a wonderful setting? This may be your next home. It is on...	3 beds \| 1 baths \| 1,200 sq.ft.	$295,000	Airbnb cash on cash: 5.75% Traditional cash on cash: 8.59% Airbnb Rental Income: $2726 Traditional Rental Income: $2871 Airbnb ROI: 5.75% Traditional ROI: 8.59%
590 SW H Street Madras, OR Beautiful south-facing 3 bedroom 2 bathroom home located in Park Place neighborhood near d...	3 beds \| 2 baths \| 1,704 sq.ft.	$410,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 5.99% Airbnb Rental Income: $2726 Traditional Rental Income: $3020 Airbnb ROI: 3.55% Traditional ROI: 5.99%
77 NE Nordic Drive Madras, OR Great income property in a perfect location. On a quiet cul-de-sac. Close to the hospita...	N/A beds \| N/A baths \| N/A	$385,000	Airbnb cash on cash: 3.73% Traditional cash on cash: 2.87% Airbnb Rental Income: $2726 Traditional Rental Income: $1774 Airbnb ROI: 3.73% Traditional ROI: 2.87%
3651 SW Highway 97 Madras, OR Very well taken care of 3 bedroom 2 bath home on 2.17 acres cross fenced. Quartz counter t...	3 beds \| 2 baths \| 1,848 sq.ft.	$489,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 5.14% Airbnb Rental Income: $2726 Traditional Rental Income: $3278 Airbnb ROI: 2.53% Traditional ROI: 5.14%
165 SW Crestview Lane Madras, OR Welcome to your own beautiful oasis with mountain views and mature landscaping! This charm...	3 beds \| 2 baths \| 2,035 sq.ft.	$489,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 5.47% Airbnb Rental Income: $2726 Traditional Rental Income: $3304 Airbnb ROI: 2.8% Traditional ROI: 5.47%
859 SW Sunnyside Drive Madras, OR Very Large 3 bedroom 2 1/2 bath. Bonus Room upstairs is massive, could easily be used as a...	3 beds \| 3 baths \| 2,160 sq.ft.	$489,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 5.52% Airbnb Rental Income: $2726 Traditional Rental Income: $3378 Airbnb ROI: 2.68% Traditional ROI: 5.52%

Real Estate investment in Madras, OR

There are 40 properties for sale in the city of Madras . The median list price in Madras is $430,000 and the average price per square foot is $233. In January 2025, the average monthly cash on cash return in Madras is 6.00%. The average monthly rental income in Madras is $3,253.

Madras, OR Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 40 investment properties available for sale in Madras.

In 2025, the best neighborhood to buy investment property is Madras.

The ROI for Long-Term is higher than the Short-Term in Madras with average rental income of $3,253.

Your search for investment property begins and ends here

Investment Property for Sale in Madras, OR

181 SE Tracie Street

Madras, OR

3 beds | 2 baths | 1,344 sq.ft.

$380,000

Airbnb cash on cash: 3.88%

Traditional cash on cash: 6.45%

Airbnb Rental Income: $2726

Traditional Rental Income: $3002

Airbnb ROI: 3.88%

Traditional ROI: 6.45%

832 SE Kierra Place

Madras, OR

3 beds | 2 baths | 1,092 sq.ft.

$275,000

Airbnb cash on cash: 5.94%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $2726

Traditional Rental Income: $1509

Airbnb ROI: 5.94%

Traditional ROI: 3.73%

844 SE Kierra Place

Madras, OR

3 beds | 2 baths | 1,092 sq.ft.

$275,000

Airbnb cash on cash: 5.54%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $2726

Traditional Rental Income: $1733

Airbnb ROI: 5.54%

Traditional ROI: 4.19%

433 SE Larkspur Drive

Madras, OR

4 beds | 3 baths | 2,362 sq.ft.

$569,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.56%

Airbnb Rental Income: $null

Traditional Rental Income: $2915

Airbnb ROI: N/A

Traditional ROI: 3.56%

2595 SW Culver Highway

Madras, OR

3 beds | 2 baths | 2,030 sq.ft.

$695,000

Airbnb cash on cash: 1.72%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $2726

Traditional Rental Income: $3358

Airbnb ROI: 1.72%

Traditional ROI: 3.69%

1202 SE Yarrow Avenue

Madras, OR

3 beds | 2 baths | 1,582 sq.ft.

$499,000

Airbnb cash on cash: 2.13%

Traditional cash on cash: 4.93%

Airbnb Rental Income: $2726

Traditional Rental Income: $3388

Airbnb ROI: 2.13%

Traditional ROI: 4.93%

5769 NW Columbia Drive

Madras, OR

4 beds | 2 baths | 2,863 sq.ft.

$430,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.9%

Airbnb Rental Income: $null

Traditional Rental Income: $4015

Airbnb ROI: N/A

Traditional ROI: 7.9%

573 NE Loucks Road

Madras, OR

3 beds | 2 baths | 1,622 sq.ft.

$344,950

Airbnb cash on cash: 4.04%

Traditional cash on cash: 7.47%

Airbnb Rental Income: $2726

Traditional Rental Income: $3193

Airbnb ROI: 4.04%