NOT LISTED FOR SALE

2115 E Barnett Rd Unit A-F Medford, OR 97504

8 Beds
4 Baths
5,184 Sq Ft
0.32 Acres

Last Sold December 02, 2019

Last sale price $625,000 $121 Per Sq Ft

2 Days on Market

Highlights

  • Cooling Available
  • Hoover Elementary School Rated 9+
  • Heat Pump System

About This Home

As of December 2019

Excellent investment opportunity! Flip or Hold, 6 units total. 1 4-plex and 1 duplex on one lot in E Medford. All have been rented, one currently vacant for showings. All units are 2 bedroom/1 bath units with beds and bath upstairs. 4-plex unit have a patio, the duplex units have deck out back with creek frontage. All have heat pumps with A/C. Gross income 7/18-6/19 was $52,684. Units are rented between $725-800/mo. Owner pays water, sewer, utility and garbage. Great upside potential here. Don't miss out!

Last Agent to Sell the Property

Nate Eckhardt

Active Property Service Brokerage Phone: 541-660-6262 License #200511009 Listed on: 10/16/2019

Last Buyer's Agent

Steve Thomas

eXp Realty, LLC License #201221244

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,075

Year Built

  • Built in 1981

Lot Details

  • 0.32

Home Design

  • Frame Construction
  • Composition Roof

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 0.32 Acre Lot

Listing and Financial Details

  • Exclusions: tenant personal property
  • Property held in a trust
  • Assessor Parcel Number 10620025

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $52,684
  • Net Operating Income $32,016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,075

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Directions: Unit F is vacant with lock box for showings. Please write offer contingent upon walk through of additional units. No showings of occupied units without accepted offer. Rent Owner statement, maintenance records, and rental agreements available with accepted offer.
  • Unit Levels: Two
  • Lot Size Acres: 0.32
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1981
  • Attribution Contact: 541-660-6262
  • Total Gross Income: 52684.0
  • Co List Office Phone: 541-772-5334
  • Outside Inclusions: 6 ranges, 6 refirgerators
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: MFR-20
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Special Listing Conditions Trust: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Roof: Composition
  • Exclusions: tenant personal property
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 13939.2
  • Parcel #: 10620025
  • ResoLotSizeUnits: Acres
  • Zoning Description: MFR-20
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 32016.0
  • Annual Operating Expense: 20668.0

Tax Info

  • Tax Annual Amount: 6075.0
  • Tax Year: 2018

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 List to Sale Price per Sq Ft
12/02/2019 12/02/19 Sold $625,000 -3.8% $121 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $650,000 -- $125 / Sq Ft
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 103007531

Oregon Datashare