433 SE 9th St

1,863 Sq. Ft.
$163 / Sq. Ft.
1,863
Sq. Ft.
$163
per Sq. Ft.

Description

Excellent Investment Opportunity - 433 & 435 SE 9th St Madras. Two Homes on One Property! This income-producing property features two separate homes on one lot (not a duplex). The larger residence offers 1,376 sq. ft. with 2 bedrooms and 1 bathroom, while the smaller home includes 487 sq. ft. with 1 bedroom and 1 bathroom. Both homes have updated electrical, HVAC, Roof, and plumbing systems and 3 year old solar system, keeping utility costs extremely low. Current monthly rental income is $2,700,...Excellent Investment Opportunity - 433 & 435 SE 9th St Madras. Two Homes on One Property! This income-producing property features two separate homes on one lot (not a duplex). The larger residence offers 1,376 sq. ft. with 2 bedrooms and 1 bathroom, while the smaller home includes 487 sq. ft. with 1 bedroom and 1 bathroom. Both homes have updated electrical, HVAC, Roof, and plumbing systems and 3 year old solar system, keeping utility costs extremely low. Current monthly rental income is $2,700, making this a strong cash-flow opportunity. Each unit includes its own private storage area. Both homes are in good condition with updated flooring and fixtures throughout. Tenants are long-term, reliable renters. Fridges, ranges, washers & dryers included. Buyer may assume solar lease of $38,000 at 0.5%. If Buyer assumes lease, purchase price reduced accordingly. No showings without an accepted offer. Seller is licensed Oregon, Real Estate Agent.
  1. Listed by E Lamar Yoder • Brokerage DRE #201001030 • eXp Realty, LLC
    P: (503)-915-8271 C: (503)-915-8271 lamaryoder10@gmail.com

Property Details for 433 Southeast 9th Street

Architectural Style
Ranch, Traditional
Subdivision Name
Madras
View
Territorial
Has View
Yes
Zoning Description
R1
LISTING UPDATED: 05/27/2026 07:03 AM

Property Details for 433 Southeast 9th Street

StatusActive
MLS #220215771
Days on Market128
Taxes$2,256 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1946
Lot Size0.16 AC / 6,969 SF
CountyJefferson County

Location

Listing Courtesy of eXp Realty, LLC
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Building Information for 433 Southeast 9th Street

Stories-Residences2Year Built1946Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$1,703 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,515

Property Taxes

$188

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 433 Southeast 9th Street

Summary
Location and General Information
  • Cross Street: G Street
  • Directions: Highway 97, East on buff Street, and North on 9th Street to the property.
  • Latitude: 44.63025
  • Longitude: -121.12523096
Taxes and HOA
  • Additional Parcels: No
  • Association: No
  • Parcel Number: 10155
  • Tax Annual Amount: $2,255.67
  • Tax Year: 2025
School Information
  • Elementary School: Buff Elementary
  • High School: Madras High
  • Middle Or Junior School: Jefferson County Middle
Parking
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Lot Features: Garden, Landscaped, Sloped
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6969.6
  • Road Surface Type: Paved
Property and Assessments
  • Building Area Source: Assessor
  • Building Area Total: 1863.0
  • New Construction: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Year Built: 1946
Building Features
  • Other Structures: Shed(s), Storage
  • Structure Type: House
  • Common Walls: No Common Walls
  • Construction Materials: Block, Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Levels: One, Two
  • Roof: Composition, Metal
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Features: Garden, Courtyard, Fire Pit
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Front Porch, Deck, Patio
Interior Features
  • Appliances: Dryer, Range, Refrigerator, Washer, Water Heater
  • Basement: Partial
  • Has Basement: Yes
  • Cooling: Central Air, Heat Pump, Wall/Window Unit(s)
  • Has Cooling: Yes
  • Flooring: Carpet, Vinyl
  • Heating: Electric, Heat Pump, Wall Furnace, Zoned
  • Has Heating: Yes
  • Interior Features: Laminate Counters, Pantry, Walk-In Closet(s)
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Gross Income: $34,320
  • Net Operating Income: $27,888
  • Professional Management Expense: $3,432.00

Property History for 433 Southeast 9th Street

DateEvent & SourcePriceAppreciation
May 26, 2026

Price Change

Oregon Data Share #220215771

$304,000
Mar 15, 2026

Price Change

Oregon Data Share #220215771

$315,000
Feb 26, 2026

Listed (Active)

Oregon Data Share #220215771

$339,000
DateEvent & SourcePrice
05/26/2026

Price Change

Oregon Data Share #220215771

$304,000
03/15/2026

Price Change

Oregon Data Share #220215771

$315,000
02/26/2026

Listed (Active)

Oregon Data Share #220215771

$339,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 433 Southeast 9th Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,256 ($188 / month)
Home Facts
Beds3Total Finished SqFt928 SqFtAbove Grade Finished SqFt928 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1946ZoningR1CountyJEFFERSONAPN111312-BC-06800

Schools near 433 Southeast 9th Street

This home is within Jefferson County School District 509j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Madras Elementary School
PublicK to 5

509J On-Line
PublicK to 8

Madras High School
Public9 to 12

Buff Intermediate School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

433 Southeast 9th Street is a multi-family home for sale in Madras, OR 97741. This property was listed for sale on February 27, 2026 by eXp Realty, LLC, it's currently listed at $304,000. It has been on the market for a total of 128 days and was last sold on December 6, 2019. This listing's school district is Jefferson County School District 509j. Nearby schools include Madras Elementary School, 509J On-Line and Madras High School. 433 Southeast 9th Street is a 3-bed, 2-bath, 1,863 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

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