$1,850,000
$49K PRICE DROP

634 Colinwood Ct Medford, OR 97501

Washington Neighborhood

Estimated payment $11,090/month

Total Views 3,084
-- Bed
-- Bath
7,200 Sq Ft
$257 Price per Sq Ft

Highlights

  • No Units Above
  • Open Floorplan
  • Territorial View
  • 0.53 Acre Lot
  • Contemporary Architecture
  • Granite Countertops

About This Home

Premier Multi-Family Investment Opportunity! Welcome to this unique Cottage cluster. A recently built 8-plex offers a rare opportunity to own a turnkey, low-maintenance investment property in the heart of Medford, Oregon. Constructed in 2023, these modern, single-level residences are designed for maximum tenant appeal and long-term rental stability. Each of the eight 2-bedroom, 2-bathroom homes are thoughtfully designed with no common walls, providing a private and peaceful living experience. The high-quality finishes include granite countertops, laminate flooring, and in-unit laundry, ensuring strong tenant demand. The property is leased at $1,650 per unit, generating an impressive rental income around $158,400 annually. Estimated Annual Expenses are $20,567 (Includes water, sewer, trash, insurance, and property taxes) Net Operating Income (NOI): $137,833. Making a cap rate of: ~7.26%. This is an ideal property for investors seeking steady cash flow and appreciation potential.

Listing Agent

Joshua Berman

eXp Realty LLC License #201240445

eXp Realty LLC

Co-Listing Agent

Brian Simmons - eXp Realty

eXp Realty LLC License #201223850

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,171

Year Built

  • Built in 2023

Lot Details

  • 0.53 Acre Lot
  • No Units Above
  • No Common Walls
  • No Units Located Below
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Walk-In Closet
  • 1-Story Property
  • Open Floorplan
  • Vinyl Clad Windows
  • Laminate Flooring
  • Territorial Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Granite Countertops

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Oak Grove Elementary School
  • Mcloughlin Middle School
  • South Medford High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11000324

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Built by Rory White

Building Details

  • Gross Income $158,400
  • Net Operating Income $137,833

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,171

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Unit Levels: One
  • Lot Size Acres: 0.53
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 2023
  • Total Gross Income: 158400.0
  • Co List Office Mls Id: oexp9
  • Co List Office Phone: 541-954-7758
  • Co List Office Phone: 541-954-7758
  • Outside Inclusions: Appliances
  • MLS Status: Active
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: SFR-6
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Ductless2: Yes
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Utilities Cable Connected: Yes
  • Utilities Phone Connected: Yes
  • Foundation Details Slab: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Oven, Range, Water Heater
  • Has Basement: None
  • Flooring: Laminate
  • Interior Amenities: Granite Counters, Open Floorplan, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Oven: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Builder Name: Rory White
  • Common Walls: No Common Walls, No One Above, No One Below
  • Construction Type: Frame
  • Foundation Details: Slab
  • Lot Features: Landscaped, Level, Sprinklers In Front
  • Roof: Composition
  • View: Territorial
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers in Front: Yes

Garage/Parking

  • Parking Features: On Street
  • Attached Garage: No
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Ductless, Heat Pump
  • Heating: Electric, Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: 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: 23086.8
  • Parcel #: 11000324
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-6
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8
  • Net Operating Income: 137833.0
  • Annual Operating Expense: 20567.0

Tax Info

  • Tax Annual Amount: 9171.0
  • Tax Year: 2024

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
04/21/2025 04/21/25 Price Changed $1,850,000 -2.6% $257 / Sq Ft
03/19/2025 03/19/25 For Sale $1,899,000 -- $264 / Sq Ft
Source: Southern Oregon MLS

Source: Southern Oregon MLS

MLS Number: 220197736

Southern Oregon MLS

Oregon Jackson County Medford 97501 Washington

634 Colinwood Ct, Medford, OR

Homes for Sale in Medford, OR

This home is located at 634 Colinwood Ct, Medford, OR 97501 and is currently priced at $1,850,000, approximately $256 per square foot. This property was built in 2023. 634 Colinwood Ct is a home located in Jackson County with nearby schools including Oak Grove Elementary School, McLoughlin Middle School, and South Medford High School.

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Southern Oregon MLS © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

Listing Agent
Joshua Berman
Section Image
eXp Realty LLC
(458) 310-2609