OPPORTUNITY: Two separate homes on one generous 0.19-acre lot on a quiet street in Medford! This property features a move-in ready 660 sq ft one-bedroom home plus a partially renovated 768 sq ft residence that's been professionally gutted and reframed--ready for your finishing touches. Both homes have private fenced yards, offering excellent rental potential or multi-generational living options. The larger home presents an exciting opportunity to customize finishes and potentially increase property value. Located in a convenient Medford neighborhood, this dual-residence property is perfect for investors or entrepreneurs looking to maximize returns. Live in one, rent the other, or create two stunning rental properties--the possibilities are endless! Don't miss this chance to own two legal residences on one generous lot. Perfect for investors seeking immediate income potential while adding value through renovation.
Investor Alert! Updated duplex with separate garages for each unit. If you are looking for a steady rental income or want to live on one side and rent out the other, look no further! The seller has updated both units throughout. Each unit features 1 bedroom and 1 bath. Both units have been remodeled with granite countertops, upgraded cabinets, updated bathroom sinks and vanities, vinyl windows, laminate floors, fresh interior paint, and more! Both units have newer roofs, and each comes with its own garage with brand new garage doors. This sale includes both 852 Palm and 312 Columbus. (Columbus has an inside laundry room) Both units are vacant and ready for immediate occupancy. Bring your buyers today.
CASH FLOWING PROPERTY! This fully renovated property, offering 1,752 square feet of updated living space, is a prime investment for those looking to generate consistent income. Each unit features brand-new, high-quality appliances and modern finishes, attracting high-demand tenants. With a newer roof just 3 years old, you won't have to worry about costly repairs anytime soon. Ample parking ensures convenience for all residents. Ideally located in the heart of it all, this property is just minutes from a movie theater, shopping at the mall, and a variety of excellent restaurants. Combining attractive cash flow, minimal maintenance, and an unbeatable location, this turn-key investment is not to be missed! The rent for one unit is $1595.00 and the other is $1695.00.
Discover an outstanding investment opportunity or ideal multi-family set up, Sale also includes 610 Columbus Avenue. This property offers versatility, whether you're an investor looking for rental income or a family needing a two-family setup. Previously, the seller was collecting rents of $1,100.00 and $1,000.00 from the two units. Both units are currently vacant, providing a clean slate for new owners to maximize rental potential. Don't miss out on this prime chance to own a valuable property in a great location!
This fourplex features four 1-bedroom, 1-bathroom units, each with its own storage sheds, offering flexibility for both owner-occupants and investors. Live in one unit while renting out the other three, reducing your housing costs with tenant income. Ideal for first-time buyers looking to start their investment journey or seasoned investors seeking reliable cash flow, this property combines affordability with income potential. Located in an established area with steady rental demand.
Amazing Opportunity to purchase a terrific apartment complex built in 2023 in the Northgate area of Medford. This 13,191 sq. ft. + or - two story building has twenty units: 18 one bedroom apartments and 2 two bedroom apartments. All apartments have simulated wood floors for ease of maintenance & complete kitchens, full sized washers & dryers & mini splits. Each unit has one parking spot. Rogue Valley Mall, I-5 Exit 30 a mile away and Costco less than 3 miles away with local favorites Trader Joes, Chick-fil-A, Starbucks close by! Bus stop on Table Rock Rd for public transportation. Currently no vacancies! Easy to maintain with no landscaping maintenance. Paved, lighted parking lot! TERRIFIC INCOME OPPORTUNITY!
Location, location, location! This irrigated property is zoned SFR6, with potential to be rezoned to MFR-15 for development (townhouses, duplexes, apartments). It includes a 3-bedroom, 1.5-bath home and a nearly 900 sq. ft. 1-bedroom Portland-style loft with golf course views, both with a strong rental history $4100 mo. The property offers ample parking, a large carport, and a 2-car garage. Enjoy the peaceful setting between the golf course and Jefferson School Park, with a magical outdoor space, creek views, and a path leading to a field and barn, perfect for a mini ranch. Irrigated MID. The home has been upgraded with some wood windows, skylights, and a bright sunny kitchen with granite counters. Buyer to verify rezoning potential and do due diligence. Pasture is irrigated from the creek.
This beautifully updated 15-unit apartment complex is now on the market! With three shared kitchens and three shared bathrooms, the property offers a unique blend of affordability and convenience for tenants. Generating a steady monthly income of $8,360, this complex boasts long-term tenants, ensuring reliable cash flow for potential investors. Each unit has been well maintained, reflecting pride of ownership and making this property an excellent addition to any real estate portfolio. Whether you're a seasoned investor or just starting, this turnkey opportunity combines modern updates with strong rental income potential. Don't miss out on this chance to own a highly desirable multi-unit property!
Great opportunity to get a good return on your investment. 5 units total. One standalone house on its own lot that is 1 bedroom 1 bath with a bonus room that can be used as a second bedroom. 2 duplexes that are studio units with bathrooms and small kitchens are located on the other lot. There is a community laundry facility and allay access parking. There is also on Street parking available. Some deferred maintenance exists to some of the units but all units are very livable, and the landscaping has been neglected. This is your chance to make a good investment with potential for great returns.
Don't miss your opportunity to own this corner lot investment property with 3 units in a quiet neighborhood. Main house is currently rented and features 4 bedrooms, 1 bathroom and 1384 sq ft with newer laminate flooring, new exterior paint, nice front porch and a great front yard. Studio B is vacant and is 200 sq ft with luxury vinyl plank flooring, bathroom and kitchenette. Studio C is 220 sq ft with a kitchen, newer flooring, access ramp and is currently rented with a long term tenant. Both studios share a covered cement patio and a fenced yard. Home also features a carport, storage shed and plenty of off-street parking. Please allow a minimum of 24 notice for all showings.
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 past26 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 locationcreates 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.
This unique property features two separate bungalow-style homes on one lot, with no common walls and separate entrances, offering privacy for both tenants. Both homes have been completely remodeled. The first unit is 640 sq. ft. with 2 bedrooms and 1 bath, featuring new flooring, updated kitchen counters and cabinets, and fresh paint throughout. Currently rented at $1,795/month with a lease until 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Conveniently located near schools, bus stops, medical care, and grocery stores. Cap rate approximately 4.7%. A solid investment opportunity!
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.
This 5-unit property near downtown Medford is an excellent investment opportunity. With a total of 3,062 square foot this property includes four 1-bedroom, 1-bath units, along with a standalone 2-bedroom, 1-bath unit. Located on a .23-acre corner lot, it offers space for five parking spots and has potential for future development to add more units. It has new exterior paint, with most units updated to include new flooring, cabinets, and fresh interior paint. With its prime location, growth possibilities, and a cap rate of 6.26%, this property is a great investment.
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 and 408 Liberty Street is a single dwelling. 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!
Nice W Medford duplex with 2 beds and 1 bath per side with approximately 990 sq/ft. Alley access with carport in the rear for parking and additional tenant storage. One unit recently rehabbed.. Annual rents of $27,660. Many recent updates in the neighborhood. Would great starter property for owner occupant. Tenants would love to stay.
Investment opportunity! There is a total of 8 units with 2 bed 2 bath rented at $1650 each! The ROI is a great percentage and all units come with appliances, dishwasher, fridge. This development is a cottage cluster, there are no common walls and they are very low maintenance with laminate flooring and granite counter tops. The development is located on a dead end cul-de-sac and is close to shopping and town! Do not miss out on this Cottage development it is a great investment with newer units!
Attention all investors! This is a rare opportunity to own this beautifully maintained 4-PLex with 5 garages (extra garage can be rented separately) All units have a complete kitchen with range/ oven, microwave, fridge, dishwasher and an interior laundry with washer and dryer. Two apt.'s have two bed/1 ba, two have one bed/1 ba. Exterior stairs are brand new, unit 2 has new flooring, apt.4 has all new flooring, dishwasher, blinds, microwave, and washer/ dryer. Downstairs apt has a lovely backyard. There is a BBQ picnic area for all to enjoy! This is a well-known and desirable complex. Close to town, schools, businesses, shopping, and restaurants. Long term tenants.
IMPRESSIVE investment opportunity, prime location and desirable amenities! Clean and updated Medford duplex leased through Dec 31st, 2024. Actual Rent $3,300 per month. Unit One is 3 bedrooms, 2 full bathrooms, open concept design, and partially fenced yard. Unit Two is a 2 bedroom with 1 bathroom, open floorplan, fenced front yard with mature landscaping, and patio. Garage has been converted to extra living space. Must tour to appreciate the solid income-producing investment! Buyer to perform their due diligence.
The median home value in Medford, OR is $376,700. This is lower than the county median home value of $397,600. The national median home value is $338,100. The average price of homes sold in Medford, OR is $376,700. Approximately 51.57% of Medford homes are owned, compared to 43.64% rented, while 4.79% are vacant. Medford real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Medford real estate agent to arrange a tour today!
Medford, Oregon 97501 has a population of 84,894. Medford 97501 is more family-centric than the surrounding county with 29.57% 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 97501 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 97501 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.