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2 Beds
1 Bath
574 sqft

$225,000

729 SE Grizzly Road, Madras OR, 97741

Price per sqft$391.99
Built in1970
Property size574 sqft
Property typeResidential
Courtesy of Signet Realty, Ali K. Stensgar-Alire

Overview

Active

Listed Sep 1, 2026

Updated Sep 2

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.

$1,497/mo

Est. mortgage payment based on a $225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
220198059

Interior Features

Bedrooms
2
Bathrooms
1
Heating
Yes
Basement
No

Exterior Features

Lot Size
1 Acre

Other Property Details

Taxes
$1,311
Tax Frequency
Annually
View
Yes
55+/Senior Community
No

Courtesy of Signet Realty, Ali K. Stensgar-Alire

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Data last updated 2:56 AM UTC, 9/2/2026

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