$463,500
SOLD FEB 6, 2025
-- Bed
-- Bath
1,728 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$268 Per Sq Ft

3% Above List Price

167 Days on Market

Highlights

  • No Units Above
  • 2-Story Property
  • Granite Countertops
  • Territorial View
  • Corner Lot
  • No HOA

About This Home

As of February 2025

Investment opportunity with a rare 7% cap rate near restaurants, businesses, and schools. Both units are 2 beds, 1 bath, and fully REMODELED and come with a 2-car garage each. each unit collects $1,575 per month. This property was stripped down to the studs and remodeled inside and out. New wiring, plumbing, insulation, drywall, paint, flooring, fixtures, roof, appliances, and much more! Each unit has a private patio and small fenced area, plus a low maintenance, fenced communal yard in front. Zoned for 2 additional units, this has even further development potential!

Last Agent to Sell the Property

Elle Powell

RE/MAX Integrity License #201207355

RE/MAX Integrity

Last Buyer's Agent

Benjamin Kinney

John L. Scott Medford License #201233243

John L. Scott Medford

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,719

Year Built

  • Built in 1977

Lot Details

  • 6,970 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Kennel or Dog Run
  • Fenced
  • Landscaped
  • Corner Lot
  • Level Lot

Property Views

  • Territorial
  • Neighborhood

Home Design

  • Duplex
  • 2-Story Property
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • Ceiling Fan
  • Double Pane Windows
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops

Laundry

  • Dryer
  • Washer

Home Security

  • Surveillance System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Alley Access
  • Driveway
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Washington Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 10408454

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,719

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: Two
  • Lot Size Acres: 0.16
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1977
  • Co List Office Phone: 541-770-3325
  • Outside Inclusions: Washer, dryer, refrig
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: SFR-10
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Ranch: Yes
  • Flooring Laminate: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • Utilities:Electricity Connected: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Structures KennelDog Run: Yes
  • Common Walls End Unit: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Shower/Tub Combo
  • Window Features: Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Granite Counters: Yes

Exterior Features

  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Construction Type: Frame
  • Exterior Features: Courtyard, Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot, Fenced, Landscaped, Level
  • Other Structures: Kennel/Dog Run
  • Roof: Composition
  • View: Neighborhood, Territorial
  • Lot Features:Level: Yes
  • Lot Features:Fenced: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Parking Features: Alley Access, Assigned, Detached, Driveway, On Street, Parking Lot
  • Attached Garage: No
  • Parking Features:Detached: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Alley Access: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Washington Elem
  • High School: South Medford High
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6969.6
  • Parcel #: 10408454
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2719.41
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2025 02/06/25 Sold $463,500 +3.0% $268 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $450,000 0.0% $260 / Sq Ft
01/06/2025 01/06/25 For Sale $450,000 -2.9% $260 / Sq Ft
12/31/2024 12/31/24 Off Market $463,500 -- --
11/04/2024 11/04/24 Price Changed $509,900 0.0% $295 / Sq Ft
11/04/2024 11/04/24 For Sale $509,900 +10.0% $295 / Sq Ft
10/31/2024 10/31/24 Off Market $463,500 -- --
09/09/2024 09/09/24 Price Changed $536,999 -0.6% $311 / Sq Ft
07/24/2024 07/24/24 For Sale $540,000 +55.6% $313 / Sq Ft
12/09/2022 12/09/22 Sold $347,000 -3.6% $201 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $359,900 0.0% $208 / Sq Ft
05/30/2022 05/30/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $359,900 -- $208 / Sq Ft
Source: Southern Oregon MLS

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 $2,805 $187,810 $72,140 $115,670
2023 $2,719 $182,340 $70,030 $112,310
2022 $2,653 $182,340 $70,030 $112,310
2021 $2,585 $177,030 $68,000 $109,030
2020 $2,530 $171,880 $66,020 $105,860
2019 $2,470 $162,020 $62,230 $99,790
2018 $2,407 $157,310 $60,420 $96,890
2017 $2,363 $157,310 $60,420 $96,890
2016 $2,379 $148,290 $56,950 $91,340
2015 $2,287 $148,290 $56,950 $91,340
2014 $2,247 $139,790 $53,680 $86,110
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 New Conventional
Previous Owner $188,000 Purchase Money Mortgage
Previous Owner $164,250 Purchase Money Mortgage
Previous Owner $107,100 No Value Available
Previous Owner $93,550 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $463,000 First American Title
Warranty Deed $235,000 Amerititle
Warranty Deed $219,000 First American Title
Corporate Deed $119,000 First American Title Ins Co
Bargain Sale Deed -- Amerititle
Bargain Sale Deed -- Amerititle
Bargain Sale Deed -- Jackson County Title
Warranty Deed $98,500 Jackson County Title
Source: Public Records

Source: Southern Oregon MLS

MLS Number: 220186998

Southern Oregon MLS

APN: 10408454