$1,250,000

144 Reager St Medford, OR 97501

West Main Neighborhood

Estimated payment $7,426/month

Total Views 213,991

-- Bed

-- Bath

4,456 Sq Ft

$281 Price per Sq Ft

Highlights

1.06 Acre Lot
Wood Flooring
Neighborhood Views
Ranch Style House
No HOA
Double Pane Windows

About This Home

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.

Listing Agent

Patie Millen

Millen Property Group License #940200113

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,392

Year Built

Built in 1942

Lot Details

1.06 Acre Lot
1 Common Wall
Two or More Common Walls
Level Lot

Parking

Driveway

Home Design

Ranch Style House
Frame Construction
Composition Roof
Membrane Roofing
Modular or Manufactured Materials
Concrete Perimeter Foundation

Interior Spaces

Double Pane Windows
Vinyl Clad Windows
Neighborhood Views

Kitchen

Range
Laminate Countertops

Flooring

Wood
Laminate
Vinyl

Bedrooms and Bathrooms

Walk-In Closet
Bathtub with Shower

Home Security

Carbon Monoxide Detectors
Fire and Smoke Detector

Outdoor Features

Shed

Schools

Oak Grove Elementary School
Mcloughlin Middle School
South Medford High School

Utilities

Cooling System Mounted To A Wall/Window
Space Heater
Heating System Uses Natural Gas
Wall Furnace
Natural Gas Connected
Water Heater
Cable TV Available

Community Details

No Home Owners Association
8 Units

Listing and Financial Details

Exclusions: Tenant Property
Legal Lot and Block 300 / 3009
Assessor Parcel Number 10430309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,392

Year Built

Built in 1942

Lot Details

Listing Details

Architectural Style: Ranch
Unit Levels: One
Lot Size Acres: 1.06
Prop. Type: Residential Income
New Construction: No
Property Sub Type: Multi Family
Road Surface Type: Gravel
Subdivision Name: N/A
Year Built: 1942
Co List Office Phone: 541-301-3435
Outside Inclusions: All appliances
MLS Status: Active
ResoBuildingAreaSource: Appraiser
General Property Information:Zoning2: SFR-00
Sewer:Public Sewer: Yes
Utilities:Cable Available: Yes
Water Source:Public: Yes
Location Tax and Legal:Tax Lot: 300
Appliances Refrigerators: Yes
Location Tax and Legal:Tax Block: 3009
Architectural Style Ranch: Yes
Flooring Laminate: Yes
Levels:One: Yes
Security Features:Carbon Monoxide Detector(s): Yes
Security Features:Smoke Detector(s): Yes
Other Structures:Shed(s): Yes
Road Surface Type Gravel2: Yes
Flooring:Hardwood: Yes
Flooring:Vinyl: Yes
Utilities:Electricity Connected: Yes
Roof:Composition: Yes
Foundation Details Concrete Perimeter: Yes
Utilities:Natural Gas Connected: Yes
Special Features: None

Interior Features

Appliances: Range, Refrigerator, Water Heater
Has Basement: None
Flooring: Hardwood, Laminate, Vinyl
Interior Amenities: Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)
Window Features: Double Pane Windows, Vinyl Frames
Appliances Range: Yes
Interior Features:Laminate Counters: Yes
Interior Features:Walk-In Closet(s): Yes

Exterior Features

Common Walls: 1 Common Wall, 2+ Common Walls
Construction Type: Frame, Manufactured House
Foundation Details: Concrete Perimeter
Lot Features: Level
Other Structures: Shed(s)
Roof: Composition, Membrane
View: Neighborhood
Exclusions: Tenant Property
Lot Features:Level: Yes
Window Features:Vinyl Frames: Yes
Construction Materials:Frame: Yes
Window Features:Double Pane Windows: Yes
ConstructionSiding:Roof Membrane: Yes

Garage/Parking

Parking Features: Driveway, Other
Attached Garage: No
Parking Features:Driveway: Yes

Utilities

Cooling: Wall/Window Unit(s)
Heating: Electric, Free-Standing, Natural Gas, Wall Furnace
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Water Source: Public
Cooling Y N: Yes
HeatingYN: Yes
Water Heater: Yes
Heating:Electric2: Yes
Heating:Natural Gas: Yes
Heating:Wall Furnace: Yes

Condo/Co-op/Association

Association: No

Association/Amenities

General Property Information:Association YN: No

Schools

Elementary School: Oak Grove Elem
High School: South Medford High
Middle Or Junior School: McLoughlin Middle

Lot Info

Additional Parcels: No
Lot Size Sq Ft: 46173.6
Parcel #: 10430309
ResoLotSizeUnits: Acres
Zoning Description: SFR-00
ResoLotSizeUnits: Acres

Multi Family

Number Of Units Total: 8

Tax Info

Tax Annual Amount: 5391.86
Tax Block: 3009
Tax Lot: 300
Tax Map Number: 372W26AD
Tax Year: 2023

Map

Average Value

Not Available

List Price

Sold Price

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Property History

Date	Event	Price	Change	Sq Ft Price
10/11/2024 10/11/24	For Sale	$1,250,000	-24.2%	$281 / Sq Ft
10/11/2024 10/11/24	For Sale	$1,650,000	--	$277 / Sq Ft

Source: Southern Oregon MLS

About the Listing Agent

Patie Millen

Millen Property Group

(458) 232-1933

Patie Millen has been an industry leader in Southern Oregon since 1994 and is recognized as one of Oregon’s most productive brokers. The Millen Property Group is well known for their vanguard service, resolute capability and the many positive and professional relationships with buyers and sellers cultivated over the years.
Patie has sold over 1000 homes in Southern Oregon. With this breadth of experience she knows the solutions and strategies for your situation. Reach out to discuss how

View Patie's Profile

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Source: Southern Oregon MLS

MLS Number: 220191285

Oregon Jackson County Medford 97501 West Main

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Nearby Homes

144 Reager St Medford, OR 97501

Highlights

About This Home

Property Details

Property Details

Map

Home Values in the Area

Average Home Value in this Area

Property History

About the Listing Agent

Patie's Other Listings