NOT LISTED FOR SALE

323 Chestnut St Medford, OR 97501

Washington Neighborhood
-- Bed
-- Bath
-- Sq Ft
7,841 Sq Ft Lot

Last Sold September 09, 2016

Last sale price $250,000

87 Days on Market

About This Home

As of September 2016

A unique opportunity to own a long standing 5 unit rental property. The property contains three single units, plus one duplex. Solid rental history, within close proximity to the newly revitalized downtown area. This opportunity has great investment potential. Monthly Rents are $2,700. All units 1 bed and 1 bath. Seller wishes not to disturb tenants until an offer is accepted, please contact listing broker for more information.

Last Agent to Sell the Property

Slade Bittler

Merit Commercial RE, LLC License #201210593 Listed on: 04/12/2016

Last Buyer's Agent

Non Member

No Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,600

Year Built

  • Built in 1948

Lot Details

  • 7,841

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • 1-Story Property
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Exclusions: tenant personal property
  • Assessor Parcel Number 10406081

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $30,499
  • Net Operating Income $17,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,600

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Unit Levels: One
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1948
  • Total Gross Income: 30499.0
  • Co List Office Phone: 541-608-6704
  • MLS Status: Closed
  • General Property Information:Zoning2: sfr-10
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

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

Utilities

  • Cooling: None
  • Heating: Baseboard, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Baseboard: Yes

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Parcel #: 10406081
  • ResoLotSizeUnits: Acres
  • Zoning Description: sfr-10
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 17812.0
  • Annual Operating Expense: 12337.0

Tax Info

  • Tax Annual Amount: 2599.53
  • Tax Year: 15

Range of Values:

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List Price
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
09/09/2016 09/09/16 Sold $250,000 -12.3% --
07/08/2016 07/08/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $285,000 -- --
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Slade Bittler

    Merit Commercial RE, LLC

    (541) 944-5620

    18 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    No Office

See All Agents

Map

Source: Oregon Datashare

MLS Number: 102964183

Oregon Datashare

Oregon Jackson County Medford 97501 Washington

323 Chestnut St, Medford, OR

This home is located at 323 Chestnut St, Medford, OR 97501 since 12 April 2016. This property was built in 1948. 323 Chestnut 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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