1. Oregon
  2. Madras
  3. 1358 NE Meadowlark Lane
$699,900

1358 NE Meadowlark Lane, Madras, OR 97741

  • 1 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1996
  • Property Lot Size Icon11.64acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $699,900/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Turn-Key Investment Opportunity with Expansion Potential! Welcome to View Point Mobile Home Park—a rare opportunity to own a well-maintained 9-space park with panoramic Cascade Mountain views on 1.41 acres just outside of Madras. This income-producing property includes two homes: • A 1996 double-wide (4 bed, 2 bath + den, 1,782 sq ft) • A 1993 single-wide (2 bed, 1 bath, 784 sq ft) The park is currently owner-occupied and self-managed, offering seamless transition for hands-on investors—or upgrade to professional management for a more passive approach. Recent improvements include an updated septic system and select power meter upgrades, setting the stage for long-term reliability and growth. Whether you choose to operate as-is, modernize for increased rent potential, or explore further development, this property checks all the boxes for location, stability, and future upside.Don't miss your chance to invest in Central Oregon's growing housing market!

Listing Status:
Active
Date Added:
May 9, 2025 at 05:00AM
Listing Office:
Signet Realty : 541-325-7550
MLS ID:
220201450
  • General: Laminate Counters
  • Basement: None
  • Flooring: CarpetVinyl
  • A/C: Heat PumpNone
  • Heating: ElectricForced AirHeat Pump

This listing courtesy of Signet Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Madras Elementary School

215 SE 10th St, Madras, OR, 97741

Grades KG-5

1.99 miles away

J

Jefferson County Middle School

1180 SE Kemper Way, Madras, OR, 97741

Grades 6-8

1.69 miles away

M

Madras High School

390 SE 10th St, Madras, OR, 97741

Grades 9-12

2.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.