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Data Last Updated: 09/21/2026 04:39 PT
$4,900,000
478 days on marketOriginally$5,200,000-5.8%
51,675 sqft
$25,425 principal & interest + $84 taxes
Estimate assumes a 6.75% 30-year fixed rate. Not a quote or pre-qualification.
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Your local expert: Jet Chen
**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.
Legal description
111314AC00301
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