242 SW 4th Street #E, Madras, OR 97741 | MLS #220215411 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Willow Canyon Group- MLS# 220215411MLS Provider

242 SW 4th Street #EMadras, OR 97741

Commercial · 800 Sq. ft. | 0.37 Acres
$540,000 Pending

242 SW 4th Street #E Overview

Time on Site:
135 days
Visits:
9

Great Office Suite with nearly 800 sq. ft., private restroom and visible downtown Madras, across from Black Bear Diner. 3 private offices, conference room and IT room. ADA access, street level off street parking. $800 per month + $205 per month common area charge (sewer, water, snow plowing, real property taxes, building fire insurance etc). Tenant pays electricity and natural gas (air conditioned). Perfect for a professional office, medical or counseling business, CPA or legal. No general retail. Current tenants are a non-profit, massage, chiropractor and general business office.

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242 SW 4th Street #E Facts & Features

  • Type Commercial
  • Sq. ft. 800
  • Price/Sq.ft. $675
  • Lot 0.37 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1979

Location/Region

  • County Or Parish: Jefferson
  • Subdivision Name: Palmain

Rent/Lease Information

  • Tenant Pays: Electricity,Gas,Insurance,Interior Maintenance,Janitorial Service,Other

Tax Information

  • Tax Annual Amount: 6458.85
  • Tax Year: 2024

General Information

  • Listing Terms: Owner Will Carry
  • Parcel Number: 9452
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 800.0

General Information

  • Basement: None
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet,Vinyl
  • Foundation Details: Slab,Stemwall
  • Levels: One
  • Window Features: Vinyl Frames

Unit Information

  • Unit Number: E

Exterior

Parking Information

  • Parking Features: Asphalt,On Street,Other,Parking Lot

Lot Information

  • Additional Parcels: false
  • Lot Features: Landscaped
  • Lot Size Acres: 0.37
  • Lot Size Area: 0.37
  • Lot Size Square Feet: 16117.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Membrane

General Information

  • Number Of Units Total: 5
  • Sewer: Public Sewer

242 SW 4th Street #E Neighborhood

Community

97741 (Madras) Demographics

40
Median Age
36
Population Density (per sq. mile)
32%
College Educated
$52,400
Estimated Median Income
2,586
Estimated Total Home Owners
1,844
Estimated Total Renters
58% / 42%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

242 SW 4th Street #E Monthly Cost

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$ %
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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

242 SW 4th Street #E Market Data

Based on the last 30 days in this zip code

$464,993
Average List Price
$257
Average Price per Square Foot
19
Properties Sold
114
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

242 SW 4th Street #E History

Date Event Value Agent
2/14/2026Source: Oregon Datashare Added to Database
February 14, 2026