Robynne Whitaker
Nestwell Real Estate
(541) 234-8910
117 Total Sales
3 in Eagle Point
$350K - $635K Price Range
247 Lorraine Ave Eagle Point, OR 97524
Eagle Point Area
--
Bed
--
Bath
5,240
Sq Ft
0.55
Acre Lot
Highlights
- 0.55 Acre Lot
- No HOA
- Patio
- Traditional Architecture
- Cooling System Mounted To A Wall/Window
- Surveillance System
About This Home
As of November 2025Exclusively presented for sale - 247 Lorraine Avenue - a clean, rare 8-unit apartment complex in Eagle Point, Oregon (the ''Property''). The Property presents an opportunity to step into established asset in a mature neighborhood, in a sub-market with limited competition and almost zero transactions of apartment complexes for years. The Property is sited on a flat, .55-acre landscaped lot, and consists of two, single-level fourplex buildings and (8) 1-bed / 1-bath efficient units. Once the single vacant unit is leased, the Property will produce nearly $10,000/month in gross income. Located in a quiet, mature area, the Property is close to multiple schools, parks, employers, and much more, and is an attractive opportunity to unlock significant value in beautiful Eagle Point - contact brokers for more info!
Last Agent to Sell the Property
Merit Commercial RE, LLC License #201234073 Listed on: 08/15/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,085
Year Built
- Built in 1977
Lot Details
- 23,958 Sq Ft Lot
- Two or More Common Walls
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
Interior Spaces
- 1-Story Property
- Surveillance System
Flooring
- Carpet
- Vinyl
Parking
- On-Street Parking
- Parking Lot
Outdoor Features
- Patio
Schools
- Hillside Elementary School
- Eagle Point Middle School
- Eagle Point High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- No Home Owners Association
- 8 Units
Listing and Financial Details
- Exclusions: Tenant personal property.
- Tax Lot 10000
- Assessor Parcel Number 10571874
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2025
Closed on
Nov 24, 2025
Sold by
Bought by
Seller's Agent
Caspian Hoehne
Merit Commercial RE, LLC
Buyer's Agent
Jake Rockwell
eXp Realty, LLC
List Price
$1,250,000
Sold Price
$1,130,000
Premium/Discount to List
-$120,000
-9.6%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$772,374
Interest Rate
6.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 17, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$782,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 26, 2017
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Eagle Point, OR
-
Robynne Whitaker
-
Kimberly McMurtrey
Kimberly McMurtrey
John L. Scott Ashland
(458) 225-8827
44 Total Sales
1 in Eagle Point
$435,000 Price
-
Stephanie Walls
Stephanie Walls
HRM Property Solutions Inc.
(541) 897-8816
57 Total Sales
1 in Eagle Point
$630,000 Price
-
Anna Houppermans
Anna Houppermans
John L. Scott Ashland
(458) 225-5253
51 Total Sales
1 in Eagle Point
$600,000 Price
-
Lia Brock
Lia Brock
Coldwell Banker Holman Premier
(541) 827-3871
106 Total Sales
1 in Eagle Point
$380,000 Price
-
Crystal Troy
Crystal Troy
Windermere Van Vleet Eagle Point
(458) 225-8721
9 Total Sales
3 in Eagle Point
$467K - $505K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,130,000 | Ticor Title | ||
| $800,000 | Ticor Title | ||
| $400,000 | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $780,000 | ||
| Previous Owner | $792,500 | ||
| Previous Owner | $782,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/26/2025 11/26/25 | Sold | $1,130,000 | -7.8% | $216 / Sq Ft |
| 09/23/2025 09/23/25 | Pending | -- | -- | -- |
| 09/07/2025 09/07/25 | Price Changed | $1,225,000 | -2.0% | $234 / Sq Ft |
| 08/15/2025 08/15/25 | For Sale | $1,250,000 | -- | $239 / Sq Ft |
Source: Oregon Datashare
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,232 | $458,050 | ||
| 2025 | $6,085 | $444,710 | $78,180 | $366,530 |
| 2024 | $6,085 | $431,760 | $75,900 | $355,860 |
| 2023 | $5,879 | $419,190 | $73,690 | $345,500 |
| 2022 | $5,718 | $419,190 | $73,690 | $345,500 |
| 2021 | $5,549 | $406,990 | $71,540 | $335,450 |
| 2020 | $5,895 | $395,140 | $69,460 | $325,680 |
| 2019 | $5,805 | $372,470 | $65,480 | $306,990 |
| 2018 | $5,694 | $361,630 | $63,570 | $298,060 |
| 2017 | $5,554 | $361,630 | $63,570 | $298,060 |
| 2016 | $5,446 | $340,880 | $59,920 | $280,960 |
| 2015 | $5,268 | $340,880 | $59,920 | $280,960 |
| 2014 | $4,026 | $321,330 | $56,480 | $264,850 |
Source: Public Records
Agents Affiliated with this Home
-
Caspian Hoehne
Seller's Agent in 2025
Caspian Hoehne
Merit Commercial RE, LLC
(541) 944-9967
72 Total Sales
-
Ashley Lacer
Seller Co-Listing Agent in 2025
Ashley Lacer
John L. Scott Medford
(541) 660-5111
61 Total Sales
-
Jake Rockwell
Buyer's Agent in 2025
Jake Rockwell
eXp Realty, LLC
(541) 292-6962
68 Total Sales
-
Rockwell Group
Buyer Co-Listing Agent in 2025
Rockwell Group
eXp Realty, LLC
(541) 592-9721
558 Total Sales
Map
Source: Oregon Datashare
MLS Number: 220207774
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© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.
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