Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location creates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.
Investors-Heads up! Don't miss out! Rural setting in the city with 2 separate parcels totaling 2.32 acres-1.06 acres, 8 units comprised of one triplex, two duplexes and a single wide manufactured home, totaling 4456 square feet. Interiors of multiplex units have No carpeting, all flooring is hardwood, laminate or vinyl. Additionally, this offering includes a separate, adjacent 1.26-acre parcel with sweet well-kept, single level home with 2 car garage and shop. Huge yard! Many upgrades to the home including newer heating, siding, roof and more. Tons of room for expansion on these large parcels. Zoning is SFR 00. Possible high potential for additional development, check with the city. Good numbers and good tenants. One of the Owners is a licensed real estate agent in Oregon.
This unique property features two separate bungalow-style homes on one lot, each with private entrances and no shared walls—ideal for families or investors. Both homes have been fully remodeled with fresh paint, new flooring, and updated kitchens with modern countertops and cabinets. The first unit is 640 sq. ft., 2 bed/1 bath, currently rented at $1,200/month with a lease through 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Recent updates include tree pruning to meet insurance requirements, new weed control, and fresh bark in the front yard. Conveniently located near schools, transit, medical care, and shopping, this property offers flexibility and income potential. A fantastic opportunity for a homeowner seeking rental income or an investor looking for steady returns!
This 5-plex near downtown Medford offers a total of 3,565 square feet and includes three 2-bedroom, 1-bath units, and two 1-bedroom, 1-bath units. Additionally, there are 3 separate garage rentals and an on-site, coin operated laundry facility for the tenants. The property sits on a .23-acre lot with parking, It has new exterior paint, all units have been updated with fresh paint and flooring, with some units receiving additional updates. The property is equipped with a sprinkler system. With its prime location, multiple income streams and a cap rate of 6.55%, this is an excellent investment opportunity.
Income producing Duplex! Centrally located. Recent improvements in 2023 include: new gutters and new exterior paint. Both units are currently rented with long-term tenants and all wish to stay. Unit #1 is a one bedroom, one bathroom and is rented for $700.00 per month. Unit #2 is a one bedroom, one bathroom and is rented for $675.00 per month. Gross income of $16,500. Property being sold as-is.
Great Investment Property located on a corner lot in a central location close to shopping, public transportation and other amenities. Some recent improvements include: exterior paint, gutters, electrical meters and some flooring. All units are one bedroom and one bathroom. Unit #1 is rented for $735.00, #2 $775.00, #3 $550.00 and #4 $550.00 for a total of $2,610.00 per mo. with a gross of $31,320.00 annually. Units 2 and 4 have washer / dryer hookups. 1021 Niantic Street is the TriPlex buillt in 1908 and 408 Liberty Street is a single dwelling built in 1920. Both addresses are on the same tax lot and can not be sold separately. Long-term tenants that wish to stay will make this an easy transition. Property being sold As-is!
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Medford is located in Oregon. Medford, Oregon has a population of 84,894. Medford is more family-centric than the surrounding county with 31.41% of the households containing married families with children. The county average for households married with children is 27.52%.
The median household income in Medford, Oregon is $57,424. The median household income for the surrounding county is $61,020 compared to the national median of $69,021. The median age of people living in Medford is 37.7 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 31 degrees. The average rainfall is approximately 22.8 inches per year, with 3.3 inches of snow per year.