$650,000
$175K PRICE DROP

1005 W Main St Medford, OR 97501

Washington Neighborhood

Estimated payment $3,895/month

Total Views 169
-- Bed
-- Bath
4,612 Sq Ft
$141 Price per Sq Ft

Highlights

  • Victorian Architecture
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • No HOA
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

Turnkey investment package including both the property and business. The Painted Lady Inn LLC will be transferred to the new owner at closing. This 15-unit Victorian boarding house generates a gross monthly income $7,728.33, with month-to-month tenants. Features include three shared kitchens, three shared baths, shared laundry, and all furniture and appliances included. Well-maintained with updates completed. Current rents are below market, leaving strong potential for income growth.

Listing Agent

Chelcie Ingrassia

Equitable Real Estate Company License #201234206 Listed on: 08/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,315

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls

Home Design

  • Victorian Architecture
  • Frame Construction
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven
  • Cooktop
  • Microwave

Flooring

  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Shared Driveway
  • On-Street Parking

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • 15 Units
  • Park Addition To Medford Subdivision

Listing and Financial Details

  • Exclusions: Tenants personal items.
  • Assessor Parcel Number 10409591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,315

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Architectural Style: Victorian
  • Directions: Head west on W Main St for approximately 1 mile. The property will be on your left.
  • Unit Levels: Two
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Subdivision Name: Park Addition To Medford
  • Year Built: 1900
  • Co List Office Phone: 541-301-8434
  • Outside Inclusions: All appliances and furniture.
  • MLS Status: Active
  • General Property Information Elementary School: Jackson Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: C-C
  • General Property Information Audio Surveillance on Premises YN: No
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Common Walls:No Common Walls: Yes
  • Flooring Laminate: Yes
  • Flooring:Tile: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Utilities:Electricity Connected: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities Cable Connected: Yes
  • Utilities Phone Connected: Yes
  • Architectural Style Victorian: Yes
  • Heating Fireplace(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dryer, Microwave, Oven, Range, Refrigerator, Washer, Water Heater
  • Has Basement: None
  • Fireplace Features: Gas, Living Room
  • Flooring: Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Enclosed Toilet(s)
  • Fireplace: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fans: Yes
  • Appliances:Cooktop: Yes

Exterior Features

  • Common Walls: No Common Walls
  • Construction Type: Concrete, Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Exclusions: Tenants personal items.
  • Construction Materials:Frame: Yes
  • Construction Materials:Concrete3: Yes

Garage/Parking

  • Parking Features: On Street, Shared Driveway
  • Attached Garage: No
  • Parking Features:Shared Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Wall/Window Unit(s), Other
  • Heating: Fireplace(s), Natural Gas, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7405.2
  • Parcel #: 10409591
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-C

Multi Family

  • Number Of Units Total: 15

Tax Info

  • Tax Annual Amount: 4315.45
  • Tax Map Number: 372W25DB 4500
  • 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
08/28/2025 08/28/25 Price Changed $650,000 0.0% $141 / Sq Ft
08/28/2025 08/28/25 For Sale $650,000 -17.3% $141 / Sq Ft
02/23/2025 02/23/25 Off Market $786,000 -- --
01/07/2025 01/07/25 Price Changed $786,000 -4.7% $170 / Sq Ft
12/04/2024 12/04/24 For Sale $825,000 -- $179 / Sq Ft
Source: Oregon Datashare

Source: Oregon Datashare

MLS Number: 220193307

Oregon Datashare
Oregon Jackson County Medford 97501 Washington

1005 W Main St, Medford, OR

This home is located at 1005 W Main St, Medford, OR 97501 and is currently priced at $650,000, approximately $140 per square foot. This property was built in 1900. 1005 W Main St is a home located in Jackson County with nearby schools including Washington Elementary School, McLoughlin Middle School, and South Medford High School.

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Nearby Homes
Listing Agent
Chelcie Ingrassia
Section Image
Equitable Real Estate Company
(458) 313-2651