183 Lewis Ave Medford, OR 97501
Washington NeighborhoodEstimated payment $2,446/month
Highlights
- Ranch Style House
- Neighborhood Views
- Cooling System Mounted To A Wall/Window
- No HOA
- Double Pane Windows
- 2-minute walk to Lewis Park
About This Home
Turn-Key Duplex - Excellent Investment Opportunity! This well maintained duplex is a true gem for both seasoned investors and first time buyers. With numerous upgrades and consistent maintenance over the years, this property is move-in ready and a reliable addition to any investment portfolio. Each unit is currently occupied by long-term tenants providing immediate rental income. Whether you are looking to expand your real estate portfolio or live in one unit while the other helps pay your mortgage, this is the perfect opportunity. Located in a quiet, dead-end street, the property offers privacy and peace, while still being conveniently close to local parks, shopping, dining, and other amenities. Each unit has 3 bedrooms/1 bathroom and has long term tenants with great payment history. Don't miss your chance to own a low maintenance, high performing duplex in desirable location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,553
Year Built
- Built in 1972
Lot Details
- 6,534 Sq Ft Lot
- No Common Walls
- Fenced
- Level Lot
Parking
- Alley Access
Home Design
- Duplex
- Ranch Style House
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- Double Pane Windows
- Vinyl Clad Windows
- Neighborhood Views
Kitchen
- Range
- Laminate Countertops
Flooring
- Carpet
- Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Outdoor Storage
- Storage Shed
Schools
- Oak Grove Elementary School
- Mcloughlin Middle School
- South Medford High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Water Heater
Listing and Financial Details
- Exclusions: Fridge/Any Personal Items
- Tax Lot 6003
- Assessor Parcel Number 10405457
Community Details
Overview
- No Home Owners Association
- 2 Units
- West Walnut Park Addition Subdivision
Building Details
- Gross Income $31,560
- Net Operating Income $29,760
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 | $2,553 | $170,890 | $77,170 | $93,720 |
| 2023 | $2,475 | $165,920 | $74,920 | $91,000 |
| 2022 | $2,414 | $165,920 | $74,920 | $91,000 |
| 2021 | $2,352 | $161,090 | $72,740 | $88,350 |
| 2020 | $2,302 | $156,400 | $70,620 | $85,780 |
| 2019 | $2,248 | $147,430 | $66,560 | $80,870 |
| 2018 | $2,190 | $143,140 | $57,770 | $85,370 |
| 2017 | $2,151 | $143,140 | $57,770 | $85,370 |
| 2016 | $2,165 | $134,940 | $54,460 | $80,480 |
| 2015 | $2,072 | $128,670 | $52,870 | $75,800 |
| 2014 | $2,051 | $127,640 | $51,010 | $76,630 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | For Sale | $400,000 | -- | $208 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | Lawyers Title Ins | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Jackson County Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $38,000 | Credit Line Revolving | |
| Closed | $110,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $61,750 | No Value Available |
Source: Southern Oregon MLS
MLS Number: 220199381
APN: 10405457
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