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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1456 SW Olive St , Madras, OR 97741
$4,900,000
Est. Payment: $24,638.02/mo
0 Bed
0 Bath
51675 Sqft
Status: active | Days on site: 417
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Sarita Dua
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House Description

**For Sale: Mini-Storage Investment – 1451 SW Olive St, Madras, OR**Turnkey 3-acre self-storage facility featuring 51,675 SQFT under roof with 290 total units. Estimated annual income projects a cap rate of 7%+. Property includes a **keypad entry automated gate**, new curbs, sidewalks, privacy fencing, ADA parking, and newly paved street. Self-serve tenant signup system, exterior security lighting, and WiFi connectivity offer modern convenience and low overhead. Located in a prime area with easy access to all parts of Madras. Excellent opportunity for investors seeking strong returns in a growing Central Oregon market.
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Highlights

Listed by E. Lamar Yoder , 503-915-8271 eXp Realty, LLC , 888-814-9613. Portland Regional Multiple Listing Service mls logo

Property Type

Commercial Sale
Lot/Acreage
3

Year Built

2025

County

Jefferson

Area

340 - Jefferson County

Listing ID

122483260

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Other:Public Water

Exterior Features

Lot Dimensions:312x418
Garage Capacity:50
Zoning:MUE
Roof:Metal
Others:Existing
Sewer:Public Sewer
Parking Features:Off Street,Secured
Principal Interest
$24,638
Taxes
$84

Home Price

$4,900,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$980,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$24,638.02

Principal

Taxes

Principal Taxes HOA Total
Monthly $24,638.02 $84.03 $0.00 $24,722.05
Yearly $295,656.23 $1,008.40 $0.00 $296,664.63
Total $8,869,686.94 $30,252.00 $0.00 $8,899,938.94

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Madras, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-07-24T03:19:25.000Z

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