NOT LISTED FOR SALE

145 Cedar St Rogue River, OR 97537

-- Bed
-- Bath
-- Sq Ft
1,700 Acres

Last Sold April 25, 2024

Last sale price $822,500

144 Days on Market

Highlights

  • Mountain View
  • 8 Car Detached Garage
  • Heating Available
  • Corner Lot
  • Gentle Sloping Lot
  • 1-Story Property

About This Home

As of April 2024

Welcome to 145 Cedar Street - a rare public offering of a beautiful six-plex in a quiet and quaint neighborhood in busy Rogue River! This property features six, 2-bed / 1-bath fully renovated units, surrounding a central courtyard. Following extensive renovations, the property produces great rental income with a strong tenant mix and occupancy history. Believed to not be in a flood zone. The City of Rogue River is strategically located directly between Medford and Grants Pass on I-5, and has consistently shown strong tenant demand in the stunning walkable city. One of only a handful of apartment complexes in beautiful Rogue River!

Last Agent to Sell the Property

Caspian Hoehne

Merit Commercial Real Estate, LLC. License #201234073 Listed on: 10/05/2023

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,843

Year Built

  • Built in 1979

Lot Details

  • Corner Lot
  • Gentle Sloping Lot

Property Views

  • Mountain
  • Territorial

Home Design

  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Parking

  • 8 Car Detached Garage
  • Carport

Schools

  • Rogue River Elementary And Middle School
  • Rogue River High School

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 10282355

Community Details

Building Details

  • Operating Expense $29,820
  • Gross Income $85,200
  • Net Operating Income $55,830

Additional Features

  • 6 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,843

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1979
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,IndividualStorageUnits
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: HardConcreteStucco
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, GentleSloping
  • Road Surface Type: Paved
  • View: Mountain,Territorial

Garage/Parking

  • Parking Description: Carport, Detached
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling Y N: No
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons

Schools

  • Elementary School: Rogue River
  • High School: Rogue River
  • Middle Or Junior School: Rogue River

Lot Info

  • Zoning: C-1
  • Parcel #: 10282355

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5842.96

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 9.98
  • Annual Gross Income: 85200.0
  • Property Net Operating Income: 55830.0
  • Annual Operating Expense: 29820.0

Range of Values:

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Sold Price
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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
04/25/2024 04/25/24 Sold $822,500 0.0% --
04/25/2024 04/25/24 Sold $822,500 -0.3% $164 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/27/2024 02/27/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $825,000 -2.9% $164 / Sq Ft
12/05/2023 12/05/23 Price Changed $850,000 0.0% --
12/04/2023 12/04/23 Price Changed $850,000 -4.0% $169 / Sq Ft
10/07/2023 10/07/23 Price Changed $885,000 0.0% --
10/06/2023 10/06/23 Price Changed $885,000 -1.6% $176 / Sq Ft
10/05/2023 10/05/23 For Sale $899,000 0.0% --
10/03/2023 10/03/23 Price Changed $899,000 -1.2% $179 / Sq Ft
09/22/2023 09/22/23 For Sale $910,000 +54.2% $181 / Sq Ft
09/06/2022 09/06/22 Sold $590,000 -1.7% $117 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $600,000 -- $119 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Caspian Hoehne

    Merit Commercial Real Estate, LLC.

    (541) 944-9967

    3 in this area

    54 Total Sales

    Caspian Hoehne
    Section Image

  • x

    Buyer's Agent in 2024

    x Non-SOMLS REALTOR

    No Office

  • S

    Seller's Agent in 2022

    Sherill Boots

    RE/MAX

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23372919

Regional Multiple Listing Service (RMLS)
Oregon Jackson County Rogue River 97537

145 Cedar St, Rogue River, OR

This home is located at 145 Cedar St, Rogue River, OR 97537 since 05 October 2023. This property was built in 1979. 145 Cedar St is a home located in Jackson County with nearby schools including South Valley Academy, Rogue River Elementary School, and Rogue River Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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