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0 N Highway 97, Madras, OR 97741

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For Sale

$899,000

9.59 acres

Estimated Payment

$ 5,231 /mo. †

6.67% APR for 30 yrs.
$7,257 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 9.6 acres
    Lot size

Explore this Property

Incredible development opportunity in the growing community of Madras with North Highway 97 Frontage, highway access with water and sewer mains at the property!! It is part of the Madras Urban Renewal Plan with potential for City development funds for infrastructure costs. Property must be Master Planned and neighboring property owners will be cooperative. Great mixed use development project for hotel, retail, commercial, restaurant, fuel, housing, etc. Now available with offer: Level One Environmental Report, Soils Report, Property Survey & Title Report. Marketing brochure available.
MLS# 220136955

Courtesy Of RE/MAX Key Properties

(541) 728-0033

Property Features

  • Architecture Style
    Other
  • Lot Size
    9.59 Acres
  • View Type
    Territorial

Map and Directions

Directions to 0 N Highway 97, Madras, OR 97741

Home seller CENTURY 21 Northstar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northstar

(503) 297-1014
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $4,627
  • Property Taxes
    $604
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $5,231

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Madras Elementary School

Grades KG-5 Public School

Madras, OR 97741 1.8 miles
215 se 10th st

335 total students
14:1 Student teacher ratio

School Rating: C+

School Details

Jefferson County Middle School

Grades 6-8 Public School

Madras, OR 97741 1.6 miles
1180 se kemper way

455 total students
20:1 Student teacher ratio

School Rating: B

School Details

Madras High School

Grades 9-12 Public School

Madras, OR 97741 2 miles
390 se 10th st

745 total students
22:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Buff Elementary School 2.1 miles Public KG-5 A-
Bridges High School 2.2 miles Public 9-12 D+
Metolius Elementary School 5.7 miles Public KG-5 D+

Buff Elementary School

Distance: 2.1 miles

Type Public

Grades: KG-5

A-

Bridges High School

Distance: 2.2 miles

Type Public

Grades: 9-12

D+

Metolius Elementary School

Distance: 5.7 miles

Type Public

Grades: KG-5

D+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Madras, OR 97741

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Madras, OR 97741

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are below the national average.

82° July
Hottest Average Month
24° January
Coldest Average Month
5,373 Total Households in Area
4.2% Increase in population since the year 2010
36.1%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Madras, OR 97741

Madras, OR 97741 has a population of 14,218 people in 5,373 households with a median age of 38.5 years old.

4.2%
Increase in population
since the year 2010
Population is Trending up
4,846
Total households as of 2010
9.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 38.5 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 63%
Hispanic 29%
Other 16%
Native American 8%
Asian <1%
Black <1%
The most prevalent ethnicity is White at 63%, followed by Hispanic at 29%, Other at 16%, and Native American at 8%.

Economics
for Madras, OR 97741

27 /sq mi
Population Density
$63,782 /yr
Median Household Income
$314,000
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.8% of the households.

Transportation to Work

  • Drive 90%
  • Work from Home 5%
  • Walk or Bike 4%
  • Public Transit 1%

Occupancy by Type

Owned 3,288 57%
Rented 2,084 36%
Vacant 403 7%

White vs Blue Collar Jobs







White Collar 71%
Blue Collar 29%

Family & Education Facts
for Madras, OR 97741

38.5 Median Age

Average Household Size

2.6
persons per
household

46.3%

Married Households

Community Population By Education

Some College 27%
High School Graduate 26%
Bachelors Degree 17%
Some High School 13%
Associates Degree 9%
Graduate Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 26.63% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
36.1% of households have children

Weather
for Madras, OR 97741

The weather for this area ranges from a high of 82° F in July to a low of 24° F in January

82° July
Hottest Average Month
24° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
24°
39°
Feb
27°
44°
Mar
29°
50°
Apr
32°
56°
May
38°
64°
Jun
44°
72°
Jul
49°
82°
Aug
49°
81°
Sep
44°
73°
Oct
36°
61°
Nov
30°
47°
Dec
25°
40°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Madras, OR 97741!
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Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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