Exceptional Value - Brand New 2-Bedroom, 2-Bath Home w/great finishes. Now is your chance to own a beautifully designed home at a fraction of the typical price. This 1,050 sq. ft. residence showcases quality craftsmanship, modern layout & a host of upgrades-making it an unbeatable opportunity for both first-time buyers & savvy investors. Step inside to a bright, open-concept living space that connects the kitchen, dining & living areas—ideal for everyday comfort or entertaining guests. The kitchen features quartz countertops, stainless steel appliances & comes fully equipped with a refrigerator, range, microwave, washer & dryer. The fenced backyard adds privacy & functionality, perfect for pets, gatherings, or gardening. Looking for a multi-generational solution or investment potential? Two additional brand-new homes—offering similar finishes & layouts—are available right next door. Don't miss the rare chance to purchase side-by-side properties! Opportunities like this are rare.
Active
Price increase: $5K (2/11)
$274,900
748 SW Madison St, Madras, OR 97741
2beds
2baths
1,050sqft
Est.:
Single Family Residence
Built in 2025
3,484.8 Square Feet Lot
$-- Zestimate®
$262/sqft
$-- HOA
What's special
- 312 days |
- 430 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: March 02, 2026 at 07:56am
Listed by:
Signet Realty 541-350-4859
Source: Oregon Datashare,MLS#: 220202673
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Ductless, Electric, Zoned
Cooling
- Ductless, Zoned
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
Features
- Double Vanity, Fiberglass Stall Shower, Open Floorplan, Primary Downstairs
- Flooring: Carpet, Laminate
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,050
- Total interior livable area: 1,050 sqft
Video & virtual tour
Property
Parking
- Parking features: Concrete, Driveway, No Garage, On Street, Shared Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio, Porch
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,484.8 Square Feet
Details
- Parcel number: 22518
- Zoning description: R2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Stemwall
- Roof: Composition
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Railroad
HOA
- Has HOA: No
Location
- Region: Madras
Financial & listing details
- Price per square foot: $262/sqft
- Annual tax amount: $1,356
- Date on market: 3/2/2026
- Cumulative days on market: 427 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Inclusions: Stove, Dishwasher, Refrig., Vent Hood, W&D
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,823/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/11/2026 | Price change | $274,900+1.9%$262/sqft |
Source:  Oregon Datashare #220202673 Report a problem | ||
| 12/4/2025 | Price change | $269,900+1.9%$257/sqft |
Source: Oregon Datashare #220202673 Report a problem | ||
| 10/11/2025 | Price change | $264,900-1.9%$252/sqft |
Source: Oregon Datashare #220202673 Report a problem | ||
| 9/11/2025 | Price change | $269,900-1.8%$257/sqft |
Source: Oregon Datashare #220202673 Report a problem | ||
| 5/27/2025 | Listed for sale | $274,900-2.7%$262/sqft |
Source: Oregon Datashare #220202673 Report a problem | ||
| 5/16/2025 | Listing removed | $282,500$269/sqft |
Source: Oregon Datashare #220194774 Report a problem | ||
| 5/9/2025 | Price change | $282,500-1.7%$269/sqft |
Source: Oregon Datashare #220194774 Report a problem | ||
| 4/29/2025 | Price change | $287,500-1.7%$274/sqft |
Source: Oregon Datashare #220194774 Report a problem | ||
| 4/3/2025 | Price change | $292,500-1.7%$279/sqft |
Source: Oregon Datashare #220194774 Report a problem | ||
| 1/21/2025 | Listed for sale | $297,500$283/sqft |
Source: Oregon Datashare #220194774 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$1,522/mo
Principal & interest
$1352
Property taxes
$170
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Climate risks
Neighborhood: 97741
Nearby schools
GreatSchools rating
- 6/10Buff Intermediate SchoolGrades: K-5Distance: 0.7 mi
- 5/10Jefferson County Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Madras High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Middle: Jefferson County Middle
- High: Madras High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97741
- Oregon
- Jefferson County
- Madras
- 97741
- 748 SW Madison St
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