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
306 SE 8th Street Madras, OR Charming and well-maintained 3 bedroom, 2 bathroom home featuring a beautiful open floor p...	3 beds \| 2 baths \| 1,548 sq.ft.	$359,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.37% Airbnb Rental Income: $null Traditional Rental Income: $2783 Airbnb ROI: N/A Traditional ROI: 6.37%
485 SE Ponderosa Drive 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.	$363,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $2604 Airbnb ROI: N/A Traditional ROI: 5.21%
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.	$299,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.8% Airbnb Rental Income: $null Traditional Rental Income: $2725 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $2428 Airbnb ROI: N/A 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.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.55% Airbnb Rental Income: $null Traditional Rental Income: $2528 Airbnb ROI: N/A Traditional ROI: 5.55%
22 SE Hoff Lane Madras, OR Built in 2018, this lightly lived-in, wheelchair accessible home is move-in ready! Featuri...	2 beds \| 1 baths \| 1,216 sq.ft.	$359,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 6.25% Airbnb Rental Income: $1292 Traditional Rental Income: $2797 Airbnb ROI: 0.59% Traditional ROI: 6.25%
420 SE Manzanita Drive Madras, OR OPEN HOUSE MASSIVE PRICE IMPROVEMENT NOW $499,901 IT WONT LAST AT THIS PRICE! BEST VALUE F...	3 beds \| 3 baths \| 1,978 sq.ft.	$499,991	Airbnb cash on cash: N/A Traditional cash on cash: 7.02% Airbnb Rental Income: $null Traditional Rental Income: $4005 Airbnb ROI: N/A Traditional ROI: 7.02%
440 NE Chestnut Street Madras, OR Tucked along a picturesque tree-lined street, this beautifully remodeled 3-bed, 2-bath hom...	3 beds \| 2 baths \| 1,256 sq.ft.	$341,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.76% Airbnb Rental Income: $null Traditional Rental Income: $2791 Airbnb ROI: N/A Traditional ROI: 6.76%
250 SE Steele Street Madras, OR Bring your vision and make this 1848 sq ft, 4 bedroom, 2 bath home your own! Nestled on 20...	4 beds \| 2 baths \| 1,848 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $3281 Airbnb ROI: N/A Traditional ROI: 5.69%
894 SE Aquila Drive Madras, OR Brand new 2 bed, 2.5 bath home - move-in ready Spring 2026. New construction home by Thist...	2 beds \| 3 baths \| 1,152 sq.ft.	$200,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 9.93% Airbnb Rental Income: $1292 Traditional Rental Income: $2405 Airbnb ROI: 1.93% Traditional ROI: 9.93%
537 SE Ponderosa Drive 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%
925 SE Starview Avenue Madras, OR Welcome to Willow Heights! This community offers a rare blend of scenic Cascade Mountain a...	N/A beds \| N/A baths \| 2,038 sq.ft.	$545,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.47% Airbnb Rental Income: $null Traditional Rental Income: $1917 Airbnb ROI: N/A Traditional ROI: 2.47%
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.	$384,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $2746 Airbnb ROI: N/A Traditional ROI: 5.94%
583 SE Ponderosa Drive Madras, OR Recently painted inside and out and truly move-in ready, this 4-bedroom, 2-bathroom home i...	4 beds \| 2 baths \| 1,916 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $3223 Airbnb ROI: N/A Traditional ROI: 8.21%
905 SW BURNS Ln Madras, OR Nestled on nearly 2 acres of lush, green land, this charming five-bedroom farm style home ...	5 beds \| 3 baths \| 2,647 sq.ft.	$640,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $4164 Airbnb ROI: N/A Traditional ROI: 5.07%
629 SW Deer Ridge Court 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.	$402,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $2865 Airbnb ROI: N/A Traditional ROI: 5.59%
904 SE Starview Avenue Madras, OR ***APPLIANCE PACKAGE INCLUDED (side by side stainless steel refrigerator, washer & dryer) ...	3 beds \| 3 baths \| 1,395 sq.ft.	$298,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.4% Airbnb Rental Income: $null Traditional Rental Income: $2791 Airbnb ROI: N/A Traditional ROI: 8.4%
511 SE Polaris Street 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: 1.8% Traditional cash on cash: 8.03% Airbnb Rental Income: $1292 Traditional Rental Income: $2538 Airbnb ROI: 1.8% Traditional ROI: 8.03%
515 SE Polaris Street 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: 1.81% Traditional cash on cash: 8.03% Airbnb Rental Income: $1292 Traditional Rental Income: $2525 Airbnb ROI: 1.81% Traditional ROI: 8.03%
900 SE Starview Avenue Madras, OR ***APPLIANCE PACKAGE INCLUDED (side by side stainless steel refrigerator, washer & dryer) ...	3 beds \| 3 baths \| 1,395 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.37% Airbnb Rental Income: $null Traditional Rental Income: $2791 Airbnb ROI: N/A Traditional ROI: 8.37%
342 SE 7th Street Madras, OR Tired of renting? Here's an affordable homeownership opportunity in Madras - perfect for f...	1 beds \| 1 baths \| 896 sq.ft.	$200,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 9% Airbnb Rental Income: $1314 Traditional Rental Income: $2063 Airbnb ROI: 2.91% Traditional ROI: 9%
897 SE Kierra Place Madras, OR Spacious and inviting home featuring an open-concept layout perfect for everyday living an...	3 beds \| 3 baths \| 1,760 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.02% Airbnb Rental Income: $null Traditional Rental Income: $3363 Airbnb ROI: N/A Traditional ROI: 11.02%
901 SE Kierra Place Madras, OR Spacious and inviting home featuring an open-concept layout perfect for everyday living an...	3 beds \| 3 baths \| 1,760 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.08% Airbnb Rental Income: $null Traditional Rental Income: $3380 Airbnb ROI: N/A Traditional ROI: 11.08%
895 SE Starview Avenue 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: 1.72% Traditional cash on cash: 7.83% Airbnb Rental Income: $1292 Traditional Rental Income: $2528 Airbnb ROI: 1.72% Traditional ROI: 7.83%

Real Estate investment in Madras, OR

There are 24 properties for sale in the city of Madras . The median list price in Madras is $335,450 and the average price per square foot is $222. In April 2026, the average monthly cash on cash return in Madras is 7.00%. The average monthly rental income in Madras is $2,787.

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

There are 24 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 $2,787.

Your search for investment property begins and ends here

Investment Property for Sale in Madras, OR

306 SE 8th Street

Madras, OR

3 beds | 2 baths | 1,548 sq.ft.

$359,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.37%

Airbnb Rental Income: $null

Traditional Rental Income: $2783

Airbnb ROI: N/A

Traditional ROI: 6.37%

485 SE Ponderosa Drive

Madras, OR

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

$363,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.21%

Airbnb Rental Income: $null

Traditional Rental Income: $2604

Airbnb ROI: N/A

Traditional ROI: 5.21%

864 SW 3rd Street

Madras, OR

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

$299,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.8%

Airbnb Rental Income: $null

Traditional Rental Income: $2725

Airbnb ROI: N/A

Traditional ROI: 7.8%

286 SE D Street

Madras, OR

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

$305,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2428

Airbnb ROI: N/A

Traditional ROI: 6.46%

2355 NE MARKET St

Madras, OR

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

$374,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.55%

Airbnb Rental Income: $null

Traditional Rental Income: $2528

Airbnb ROI: N/A

Traditional ROI: 5.55%

22 SE Hoff Lane

Madras, OR

2 beds | 1 baths | 1,216 sq.ft.

$359,000

Airbnb cash on cash: 0.59%

Traditional cash on cash: 6.25%

Airbnb Rental Income: $1292

Traditional Rental Income: $2797

Airbnb ROI: 0.59%

Traditional ROI: 6.25%

420 SE Manzanita Drive

Madras, OR

3 beds | 3 baths | 1,978 sq.ft.

$499,991

Airbnb cash on cash: N/A

Traditional cash on cash: 7.02%

Airbnb Rental Income: $null

Traditional Rental Income: $4005

Airbnb ROI: N/A

Traditional ROI: 7.02%

440 NE Chestnut Street

Madras, OR

3 beds | 2 baths | 1,256 sq.ft.

$341,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2791

Airbnb ROI: N/A