533 Benson St Medford, OR 97501
Washington NeighborhoodHighlights
- Traditional Architecture
- No HOA
- Double Pane Windows
- Wood Flooring
- Neighborhood Views
- Accessible Bedroom
About This Home
As of April 2025CASH 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.
Last Buyer's Agent
Non ODS Realtor
No Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,385
Year Built
- Built in 1963
Lot Details
- 5,663 Sq Ft Lot
- 1 Common Wall
Home Design
- Traditional Architecture
- Composition Roof
- Concrete Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Double Pane Windows
- Aluminum Window Frames
- Family Room with Fireplace
- Wood Flooring
- Neighborhood Views
- Oven
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Driveway
- On-Street Parking
Accessible Home Design
- Accessible Full Bathroom
- Accessible Bedroom
- Accessible Kitchen
- Accessible Hallway
- Accessible Closets
- Accessible Doors
- Accessible Entrance
Utilities
- No Cooling
- Heating Available
- Private Water Source
- Water Heater
Community Details
- No Home Owners Association
- 2 Units
- Oak Grove Subdivision
Listing and Financial Details
- Exclusions: Washer & Dryer
- Tax Lot 8300
- Assessor Parcel Number 10407689
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2025 04/01/25 | Sold | $364,000 | -2.9% | $208 / Sq Ft |
| 02/03/2025 02/03/25 | Pending | -- | -- | -- |
| 01/22/2025 01/22/25 | Price Changed | $375,000 | -5.1% | $214 / Sq Ft |
| 01/20/2025 01/20/25 | For Sale | $395,000 | -- | $225 / Sq Ft |
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 | $2,385 | $159,660 | $49,370 | $110,290 |
| 2023 | $2,312 | $155,010 | $47,930 | $107,080 |
| 2022 | $2,256 | $155,010 | $47,930 | $107,080 |
| 2021 | $2,197 | $150,500 | $46,540 | $103,960 |
| 2020 | $2,151 | $146,120 | $45,180 | $100,940 |
| 2019 | $3,104 | $137,740 | $42,600 | $95,140 |
| 2018 | $2,659 | $133,730 | $41,360 | $92,370 |
| 2017 | $2,076 | $133,730 | $41,360 | $92,370 |
| 2016 | $2,022 | $126,060 | $38,990 | $87,070 |
| 2015 | $1,944 | $126,060 | $38,990 | $87,070 |
| 2014 | $1,910 | $118,830 | $36,750 | $82,080 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $357,407 | FHA | |
| Previous Owner | $210,000 | New Conventional | |
| Previous Owner | $181,000 | Commercial | |
| Previous Owner | $103,200 | No Value Available | |
| Previous Owner | $66,150 | No Value Available |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $364,000 | First American Title | |
| Warranty Deed | $231,000 | Ticor Title | |
| Warranty Deed | $125,000 | Servicelink Title | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $129,000 | Amerititle | |
| Warranty Deed | $73,500 | Crater Title Insurance |
Source: Southern Oregon MLS
MLS Number: 220194723
APN: 10407689
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