1021 Niantic St Medford, OR 97501
Liberty Park NeighborhoodEstimated payment $2,487/month
Highlights
- Traditional Architecture
- No HOA
- Wood Frame Window
- Corner Lot
- Neighborhood Views
- Accessible Approach with Ramp
About This Home
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!
Listing Agent
Oregon Opportunities Real Estate Brokerage Email: info@OROP.COM License #200603239
Co-Listing Agent
Oregon Opportunities Real Estate Brokerage Email: info@OROP.COM License #920600195
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,057
Year Built
- Built in 1908
Lot Details
- 8,276 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
- Level Lot
Parking
- Shared Driveway
Home Design
- Quadruplex
- Traditional Architecture
- Frame Construction
- Composition Roof
- Metal Roof
Interior Spaces
- 1-Story Property
- Wood Frame Window
- Aluminum Window Frames
- Neighborhood Views
Flooring
- Carpet
- Laminate
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Accessible Approach with Ramp
Schools
- Wilson Elementary School
- Hedrick Middle School
- North Medford High School
Utilities
- No Cooling
- Heating Available
- Cable TV Available
Listing and Financial Details
- Exclusions: Tenants Personal Property and in Unit #4 Refrigerator
- Tax Lot 3500
- Assessor Parcel Number 10387761
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $31,320
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,057 | $137,690 | $70,920 | $66,770 |
| 2023 | $1,994 | $133,680 | $68,860 | $64,820 |
| 2022 | $1,945 | $133,680 | $68,860 | $64,820 |
| 2021 | $1,895 | $129,790 | $66,850 | $62,940 |
| 2020 | $1,855 | $126,010 | $64,900 | $61,110 |
| 2019 | $1,811 | $118,780 | $61,170 | $57,610 |
| 2018 | $1,765 | $115,330 | $59,390 | $55,940 |
| 2017 | $1,733 | $115,330 | $59,390 | $55,940 |
| 2016 | $1,744 | $108,720 | $56,000 | $52,720 |
| 2015 | $1,677 | $108,720 | $56,000 | $52,720 |
| 2014 | $1,647 | $102,490 | $52,800 | $49,690 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2024 12/03/24 | Price Changed | $415,000 | -3.5% | $191 / Sq Ft |
| 09/16/2024 09/16/24 | For Sale | $430,000 | -- | $198 / Sq Ft |
Source: Southern Oregon MLS
MLS Number: 220189948
APN: 10387761
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