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
451 SE C St Madras, OR Charming 1960s Craftsman in the heart of Madras, just 3 blocks to Sahalee Park & Splash Pa...	4 beds \| 2 baths \| 1,322 sq.ft.	$437,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.4% Airbnb Rental Income: $null Traditional Rental Income: $1670 Airbnb ROI: N/A Traditional ROI: 2.4%
376 NE Chestnut St Madras, OR Welcome to this inviting single-level home in the heart of Madras, offering comfort, funct...	3 beds \| 1 baths \| 1,403 sq.ft.	$319,000	Airbnb cash on cash: 1.39% Traditional cash on cash: 7.18% Airbnb Rental Income: $1446 Traditional Rental Income: $2755 Airbnb ROI: 1.39% Traditional ROI: 7.18%
1202 SE Yarrow Ave Madras, OR Welcome to this beautifully maintained newer single-level home, where comfort, style, and ...	3 beds \| 2 baths \| 1,582 sq.ft.	$465,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 5.26% Airbnb Rental Income: $1446 Traditional Rental Income: $3388 Airbnb ROI: -0.19% Traditional ROI: 5.26%
963 SE Maliah Ave Madras, OR Built in 2020, this beautifully maintained 3-bedroom, 2-bath single-level home offers mode...	3 beds \| 2 baths \| 1,319 sq.ft.	$336,900	Airbnb cash on cash: 1.07% Traditional cash on cash: 4.86% Airbnb Rental Income: $1446 Traditional Rental Income: $2216 Airbnb ROI: 1.07% Traditional ROI: 4.86%
485 SE Ponderosa Dr Madras, OR Come discover this adorable small community in the heart of Madras minutes from Town.This ...	5 beds \| 2 baths \| 1,883 sq.ft.	$340,200	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $2604 Airbnb ROI: N/A Traditional ROI: 5.62%
864 SW 3rd St 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.	$299,500	Airbnb cash on cash: 1.73% Traditional cash on cash: 7.8% Airbnb Rental Income: $1446 Traditional Rental Income: $2725 Airbnb ROI: 1.73% Traditional ROI: 7.8%
286 SE D Street Madras, OR Home is getting a brand new natural gas tankless water heater installed prior to closing. ...	3 beds \| 1 baths \| 1,042 sq.ft.	$305,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 6.46% Airbnb Rental Income: $1446 Traditional Rental Income: $2428 Airbnb ROI: 1.54% Traditional ROI: 6.46%
2355 NE Market St Madras, OR Don't miss this well maintained property in the heart of Central Oregon's grasslands. Situ...	3 beds \| 1 baths \| 1,578 sq.ft.	$355,500	Airbnb cash on cash: 1.25% Traditional cash on cash: 5.55% Airbnb Rental Income: $1446 Traditional Rental Income: $2528 Airbnb ROI: 1.25% Traditional ROI: 5.55%
420 SE Manzanita Dr Madras, OR OPEN HOUSE MASSIVE PRICE IMPROVEMENT NOW $499,901 IT WONT LAST AT THIS PRICE! BEST VALUE F...	3 beds \| 2 baths \| 1,978 sq.ft.	$499,901	Airbnb cash on cash: 0.63% Traditional cash on cash: 7.02% Airbnb Rental Income: $1446 Traditional Rental Income: $4005 Airbnb ROI: 0.63% Traditional ROI: 7.02%
894 SE Aquila Dr Madras, OR Brand new 2 bed, 2.5 bath home - move-in ready Spring 2026. New construction home by Thist...	2 beds \| 2 baths \| 1,152 sq.ft.	$200,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 9.93% Airbnb Rental Income: $865 Traditional Rental Income: $2405 Airbnb ROI: 0.06% Traditional ROI: 9.93%
537 SE Ponderosa Dr Madras, OR PRICED TO SELL!!! Spacious, fully remodeled home in Madras, Oregon. This large residence h...	4 beds \| 2 baths \| 1,916 sq.ft.	$348,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.12% Airbnb Rental Income: $null Traditional Rental Income: $3673 Airbnb ROI: N/A Traditional ROI: 9.12%
262 NW PAR Ave Madras, OR Situated in the community driven neighborhood of Willowbrook, you'll find this home that h...	3 beds \| 2 baths \| 1,249 sq.ft.	$379,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.03% Airbnb Rental Income: $1446 Traditional Rental Income: $2746 Airbnb ROI: 1.17% Traditional ROI: 6.03%
583 SE Ponderosa Drive Madras, OR Recently painted inside and out with a new hot water heater, toilets, all-new flooring, ne...	4 beds \| 2 baths \| 1,916 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.5% Airbnb Rental Income: $null Traditional Rental Income: $3223 Airbnb ROI: N/A Traditional ROI: 8.5%
905 SW Burns Ln Madras, OR Nestled on nearly 2 acres of lush, green land, this charming five-bedroom farm style home ...	5 beds \| 2 baths \| 2,647 sq.ft.	$619,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.27% Airbnb Rental Income: $null Traditional Rental Income: $4164 Airbnb ROI: N/A Traditional ROI: 5.27%
629 SW Deer Ridge Ct Madras, OR Completely remodeled and move-in ready! This beautifully updated home on a quiet-cul-de-sa...	3 beds \| 2 baths \| 1,508 sq.ft.	$385,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 5.9% Airbnb Rental Income: $1446 Traditional Rental Income: $2865 Airbnb ROI: 0.78% Traditional ROI: 5.9%
904 SE Starview Ave Madras, OR Limited-Time $10,000 Buyer Incentive! *** Discover affordable living in the desirable Will...	3 beds \| 2 baths \| 1,395 sq.ft.	$297,900	Airbnb cash on cash: 2.1% Traditional cash on cash: 8.43% Airbnb Rental Income: $1446 Traditional Rental Income: $2791 Airbnb ROI: 2.1% Traditional ROI: 8.43%
511 SE Polaris St SE Madras, OR Discover affordable living in the desirable Willow Heights community, where thoughtfully d...	2 beds \| 2 baths \| 1,019 sq.ft.	$280,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 8.03% Airbnb Rental Income: $865 Traditional Rental Income: $2538 Airbnb ROI: 0.46% Traditional ROI: 8.03%
515 SE Polaris St Madras, OR Discover affordable living in the desirable Willow Heights community, where thoughtfully d...	2 beds \| 2 baths \| 1,019 sq.ft.	$279,500	Airbnb cash on cash: 0.46% Traditional cash on cash: 8.03% Airbnb Rental Income: $865 Traditional Rental Income: $2525 Airbnb ROI: 0.46% Traditional ROI: 8.03%
900 SE Starview Ave Madras, OR Limited-Time $10,000 Buyer Incentive!*** Discover affordable living in the desirable Willo...	3 beds \| 2 baths \| 1,395 sq.ft.	$298,900	Airbnb cash on cash: 2.09% Traditional cash on cash: 8.4% Airbnb Rental Income: $1446 Traditional Rental Income: $2791 Airbnb ROI: 2.09% Traditional ROI: 8.4%
895 SE Starview Ave SE Madras, OR Discover affordable living in the desirable Willow Heights community, where thoughtfully d...	2 beds \| 2 baths \| 1,019 sq.ft.	$284,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 7.83% Airbnb Rental Income: $865 Traditional Rental Income: $2528 Airbnb ROI: 0.4% Traditional ROI: 7.83%
5191 NW Columbia Dr Madras, OR Wide open spaces & Cascade Mtn Views -- this remodeled mobile w/log addition boasting hard...	3 beds \| 2 baths \| 2,350 sq.ft.	$474,900	Airbnb cash on cash: 0.5% Traditional cash on cash: 5.73% Airbnb Rental Income: $1446 Traditional Rental Income: $3340 Airbnb ROI: 0.5% Traditional ROI: 5.73%
977 SE Strawberry Ln Madras, OR What a beautiful single level home on a large conner lot with 4 bedrooms and 2 full bathro...	4 beds \| 2 baths \| 1,792 sq.ft.	$440,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.18% Airbnb Rental Income: $null Traditional Rental Income: $3334 Airbnb ROI: N/A Traditional ROI: 6.18%
3854 NE Fern Ln Madras, OR This stunning custom-built 2,635 sf home and 2,176 sf shop sit on 80 acres, offering breat...	3 beds \| 2 baths \| 2,635 sq.ft.	$969,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 2.21% Airbnb Rental Income: $1446 Traditional Rental Income: $3627 Airbnb ROI: -0.68% Traditional ROI: 2.21%
791 SE Grizzly Rd Madras, OR Affordable, reverse living 3 bedroom home that has been recently remodeled in SE Madras an...	3 beds \| 3 baths \| 2,025 sq.ft.	$495,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 5.63% Airbnb Rental Income: $1446 Traditional Rental Income: $3526 Airbnb ROI: 0.21% Traditional ROI: 5.63%
577 SE Sugar Pine Way Madras, OR Come check out this warm, beautiful 3 bed, 2 bath home in The Pines. Wonderful open floor ...	3 beds \| 2 baths \| 1,416 sq.ft.	$350,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 6.1% Airbnb Rental Income: $1446 Traditional Rental Income: $2685 Airbnb ROI: 1.02% Traditional ROI: 6.1%
1132 NW Golf Course Dr Madras, OR Why wait for new construction when you can move right into this 2022 custom built Monte Vi...	3 beds \| 2 baths \| 1,892 sq.ft.	$469,995	Airbnb cash on cash: 0.38% Traditional cash on cash: 5.68% Airbnb Rental Income: $1446 Traditional Rental Income: $3350 Airbnb ROI: 0.38% Traditional ROI: 5.68%

Real Estate investment in Madras, OR

There are 152 properties for sale in the city of Madras . The median list price in Madras is $362,450 and the average price per square foot is $220. In June 2026, the average monthly cash on cash return in Madras is 6.00%. The average monthly rental income in Madras is $2,791.

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

There are 152 investment properties available for sale in Madras.

In 2026, 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 $2,791.

Your search for investment property begins and ends here

Investment Property for Sale in Madras, OR

451 SE C St

Madras, OR

4 beds | 2 baths | 1,322 sq.ft.

$437,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.4%

Airbnb Rental Income: $null

Traditional Rental Income: $1670

Airbnb ROI: N/A

Traditional ROI: 2.4%

376 NE Chestnut St

Madras, OR

3 beds | 1 baths | 1,403 sq.ft.

$319,000

Airbnb cash on cash: 1.39%

Traditional cash on cash: 7.18%

Airbnb Rental Income: $1446

Traditional Rental Income: $2755

Airbnb ROI: 1.39%

Traditional ROI: 7.18%

1202 SE Yarrow Ave

Madras, OR

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

$465,000

Airbnb cash on cash: -0.19%

Traditional cash on cash: 5.26%

Airbnb Rental Income: $1446

Traditional Rental Income: $3388

Airbnb ROI: -0.19%

Traditional ROI: 5.26%

963 SE Maliah Ave

Madras, OR

3 beds | 2 baths | 1,319 sq.ft.

$336,900

Airbnb cash on cash: 1.07%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $1446

Traditional Rental Income: $2216

Airbnb ROI: 1.07%

Traditional ROI: 4.86%

485 SE Ponderosa Dr

Madras, OR

5 beds | 2 baths | 1,883 sq.ft.

$340,200

Airbnb cash on cash: N/A

Traditional cash on cash: 5.62%

Airbnb Rental Income: $null

Traditional Rental Income: $2604

Airbnb ROI: N/A

Traditional ROI: 5.62%

864 SW 3rd St

Madras, OR

3 beds | 1 baths | 1,308 sq.ft.

$299,500

Airbnb cash on cash: 1.73%

Traditional cash on cash: 7.8%

Airbnb Rental Income: $1446

Traditional Rental Income: $2725

Airbnb ROI: 1.73%

Traditional ROI: 7.8%

286 SE D Street

Madras, OR

3 beds | 1 baths | 1,042 sq.ft.

$305,000

Airbnb cash on cash: 1.54%

Traditional cash on cash: 6.46%

Airbnb Rental Income: $1446

Traditional Rental Income: $2428

Airbnb ROI: 1.54%

Traditional ROI: 6.46%

2355 NE Market St

Madras, OR

3 beds | 1 baths | 1,578 sq.ft.

$355,500

Airbnb cash on cash: 1.25%

Traditional cash on cash: 5.55%

Airbnb Rental Income: $1446

Traditional Rental Income: $2528

Airbnb ROI: 1.25%