$1,250,000

144 Reager St Medford, OR 97501

West Main Neighborhood

Estimated payment $7,353/month

Total Views 238,002
-- Bed
-- Bath
4,456 Sq Ft
$281 Price per Sq Ft

Highlights

  • 1.06 Acre Lot
  • Wood Flooring
  • Neighborhood Views
  • Ranch Style House
  • No HOA
  • Double Pane Windows

About This Home

Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past
26 years and many upgrades completed.
New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location
creates a private setting. Zoned SFR-OO,
Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.

Listing Agent

Patie Millen

Millen Property Group License #940200113 Listed on: 10/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,392

Year Built

  • Built in 1942

Lot Details

  • 1.06 Acre Lot
  • 1 Common Wall
  • Two or More Common Walls
  • Level Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Composition Roof
  • Membrane Roofing
  • Modular or Manufactured Materials
  • Concrete Perimeter Foundation

Interior Spaces

  • Double Pane Windows
  • Vinyl Clad Windows
  • Neighborhood Views

Kitchen

  • Range
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • 8 Units

Listing and Financial Details

  • Exclusions: Tenant Property
  • Legal Lot and Block 300 / 3009
  • Assessor Parcel Number 10430309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,392

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Unit Levels: One
  • Lot Size Acres: 1.06
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Gravel
  • Subdivision Name: N/A
  • Year Built: 1942
  • Co List Office Phone: 541-301-3435
  • Outside Inclusions: All appliances
  • MLS Status: Active
  • ResoBuildingAreaSource: Appraiser
  • General Property Information Elementary School: Oak Grove Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: South Medford High
  • General Property Information:Zoning2: SFR-00
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 300
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Location Tax and Legal:Tax Block: 3009
  • Architectural Style Ranch: Yes
  • Construction Materials Manufactured House: Yes
  • Flooring Laminate: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Other Structures:Shed(s): Yes
  • Road Surface Type Gravel2: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Utilities:Natural Gas Connected: Yes
  • Heating Free-Standing: Yes
  • Common Walls 1 Common Wall: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Water Heater
  • Has Basement: None
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Vinyl Frames
  • Appliances Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features ShowerTub Combo: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Common Walls: 1 Common Wall, 2+ Common Walls
  • Construction Type: Frame, Manufactured House
  • Foundation Details: Concrete Perimeter
  • Lot Features: Level
  • Other Structures: Shed(s)
  • Roof: Composition, Membrane
  • View: Neighborhood
  • Exclusions: Tenant Property
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Window Features:Double Pane Windows: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Free-Standing, Natural Gas, Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • Heating:Electric2: Yes
  • Heating:Natural Gas: Yes
  • Heating:Wall Furnace: 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: 46173.6
  • Parcel #: 10430309
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-00
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 5391.86
  • Tax Block: 3009
  • Tax Lot: 300
  • Tax Map Number: 372W26AD
  • 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
10/11/2024 10/11/24 For Sale $1,250,000 -24.2% $281 / Sq Ft
10/11/2024 10/11/24 For Sale $1,650,000 -- $277 / Sq Ft
Source: Oregon Datashare

Source: Oregon Datashare

MLS Number: 220191285

Oregon Datashare

Oregon Jackson County Medford 97501 West Main

144 Reager St, Medford, OR

This home is located at 144 Reager St, Medford, OR 97501 and is currently priced at $1,250,000, approximately $280 per square foot. This property was built in 1942. 144 Reager St 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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Patie Millen
Listing Agent
Patie Millen
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Millen Property Group
(458) 232-1933