$415,000
$15K PRICE DROP

1021 Niantic St Medford, OR 97501

Liberty Park Neighborhood

Estimated payment $2,366/month

Total Views 12,874
-- Bed
-- Bath
2,172 Sq Ft
$191 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Wood Frame Window
  • Corner Lot
  • Neighborhood Views
  • Accessible Approach with Ramp

About This Home

Great Investment Property located on a corner lot in a central location close to shopping, public transportation and other amenities. Some recent improvements include: exterior paint, gutters, electrical meters and some flooring. All units are one bedroom and one bathroom. Unit #1 is rented for $735.00, #2 $775.00, #3 $550.00 and #4 $550.00 for a total of $2,610.00 per mo. with a gross of $31,320.00 annually. Units 2 and 4 have washer / dryer hookups. 1021 Niantic Street is the TriPlex buillt in 1908 and 408 Liberty Street is a single dwelling built in 1920. Both addresses are on the same tax lot and can not be sold separately. Long-term tenants that wish to stay will make this an easy transition. Property being sold As-is!

Listing Agent

Diane Major

Oregon Opportunities Real Estate Brokerage Email: info@OROP.COM License #200603239 Listed on: 09/16/2024

Co-Listing Agent

Jerry Scheffler

Oregon Opportunities Real Estate Brokerage Email: info@OROP.COM License #920600195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1908

Lot Details

  • 8,276 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot

Parking

  • Shared Driveway

Home Design

  • Quadruplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Wood Frame Window
  • Aluminum Window Frames
  • Neighborhood Views

Flooring

  • Carpet
  • Laminate
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Approach with Ramp

Schools

  • Wilson Elementary School
  • Hedrick Middle School
  • North Medford High School

Utilities

  • No Cooling
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants Personal Property and in Unit #4 Refrigerator
  • Tax Lot 3500
  • Assessor Parcel Number 10387761

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $31,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,101

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Directions: Edwards Street, North on Niantic Street, Property is on the left corner of Niantic and Liberty. Single dwelling (Unit #4) physical address is 408 Liberty.
  • Unit Levels: One
  • Lot Size Acres: 0.19
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: N/A
  • Year Built: 1908
  • Attribution Contact: info@OROP.COM
  • Total Gross Income: 31320.0
  • Co List Office Mls Id: orOROP
  • Co List Office Phone: 541-772-0000
  • Co List Office Phone: 541-772-0000
  • Outside Inclusions: Units #1-3: Range/Oven, Refrigerator
  • MLS Status: Active
  • General Property Information Elementary School: Wilson Elem
  • General Property Information Middle Or Junior School: Hedrick Middle
  • General Property Information High School: North Medford High
  • General Property Information:Zoning2: SFR-10
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 3500
  • General Property Information New Construction YN: No
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Architectural Style Traditional: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Utilities Cable Connected: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Accessibility Features: Accessible Approach with Ramp
  • Flooring: Carpet, Laminate, Vinyl
  • Window Features: Aluminum Frames, Wood Frames

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Other
  • Lot Features: Corner Lot, Level
  • Roof: Composition, Metal
  • View: Neighborhood
  • Exclusions: Tenants Personal Property and in Unit #4 Refrigerator
  • Lot Features:Level: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Wood Frames: Yes
  • Window Features:Aluminum Frames: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Wilson Elem
  • High School: North Medford High
  • Middle Or Junior School: Hedrick Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 8276.4
  • Parcel #: 10387761
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2100.8
  • Tax Lot: 3500
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2025 $2,057 $141,820 $73,040 $68,780
2024 $2,057 $137,690 $70,920 $66,770
2023 $1,994 $133,680 $68,860 $64,820
2022 $1,945 $133,680 $68,860 $64,820
2021 $1,895 $129,790 $66,850 $62,940
2020 $1,855 $126,010 $64,900 $61,110
2019 $1,811 $118,780 $61,170 $57,610
2018 $1,765 $115,330 $59,390 $55,940
2017 $1,733 $115,330 $59,390 $55,940
2016 $1,744 $108,720 $56,000 $52,720
2015 $1,677 $108,720 $56,000 $52,720
2014 $1,647 $102,490 $52,800 $49,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2024 12/03/24 Price Changed $415,000 -3.5% $191 / Sq Ft
09/16/2024 09/16/24 For Sale $430,000 -- $198 / Sq Ft
Source: Oregon Datashare

Source: Oregon Datashare

MLS Number: 220189948

Oregon Datashare

APN: 10387761

Oregon Jackson County Medford 97501 Liberty Park

1021 Niantic St, Medford, OR

For Sale

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Diane Major
Listing Agent
Diane Major
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Oregon Opportunities Real Estate
(458) 232-3247