176 Reager St Medford, OR 97501
West Main NeighborhoodEstimated payment $9,351/month
Highlights
- Territorial View
- Window Unit Cooling System
- 10 Car Garage
- No HOA
- Forced Air Heating and Cooling System
- Level Lot
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,163
Year Built
- Built in 1940
Lot Details
- Level Lot
Home Design
- Shingle Roof
- Composition Roof
- Membrane Roofing
- Wood Siding
- Metal Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5,966 Sq Ft Home
- 1-Story Property
- Territorial Views
Bedrooms and Bathrooms
- 13 Bedrooms
- 9 Bathrooms
Parking
- 10 Car Garage
- Driveway
Schools
- Oak Grove Elementary School
- Mcloughlin Middle School
- South Medford High School
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 10451483
Community Details
Overview
- No Home Owners Association
- 9 Units
- West Medford Subdivision
Building Details
- Operating Expense $33,349
- Gross Income $136,056
- Net Operating Income $102,798
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,859 | $197,120 | $104,680 | $92,440 |
| 2024 | $2,859 | $191,380 | $101,630 | $89,750 |
| 2023 | $2,771 | $185,810 | $98,670 | $87,140 |
| 2022 | $2,704 | $185,810 | $98,670 | $87,140 |
| 2021 | $2,634 | $180,400 | $95,800 | $84,600 |
| 2020 | $2,578 | $175,150 | $93,010 | $82,140 |
| 2019 | $2,517 | $165,100 | $87,670 | $77,430 |
| 2018 | $2,453 | $160,300 | $85,130 | $75,170 |
| 2017 | $2,409 | $160,300 | $85,130 | $75,170 |
| 2016 | $2,424 | $151,110 | $80,250 | $70,860 |
| 2015 | $2,330 | $151,110 | $80,250 | $70,860 |
| 2014 | $2,289 | $142,440 | $75,640 | $66,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2025 12/22/25 | For Sale | $1,650,000 | -- | $277 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $150,000 | First American Title | |
| Warranty Deed | $150,000 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $185,000 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 166559679
APN: 10451483
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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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