440 N Grape St Medford, OR 97501
McLoughlin NeighborhoodEstimated payment $3,427/month
Highlights
- Craftsman Architecture
- Cooling System Mounted To A Wall/Window
- Carpet
- No HOA
- Surveillance System
- Heating System Uses Natural Gas
About This Home
Nestled in vibrant downtown Medford, this fourplex presents an exceptional opportunity for savvy investors seeking immediate returns and long-term upside.This property consists of three 1 bedroom, 1 bathroom and a 2 bedroom, 1 bathroom and is 100% leased for maximum income on your return. All the units have been renovated in the last several years and tenants are happy to stay. This property has been fenced and well-kept to ensure profits stay high on your return. Cap rate on this property will not leave you disappointed so call today.
Listing Agent
John L. Scott Medford Brokerage Phone: 5419511660 License #201236223 Listed on: 08/20/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,958
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- 1 Common Wall
Home Design
- Quadruplex
- Craftsman Architecture
- Block Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 2-Story Property
- Surveillance System
Flooring
- Carpet
- Vinyl
Parking
- Gravel Driveway
- On-Street Parking
Schools
- Jackson Elementary School
- Mcloughlin Middle School
- South Medford High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Exclusions: Tenant Personal Property
- Assessor Parcel Number 10393211
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Professional Management Expense $315
- Gross Income $4,700
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 | $1,958 | $135,020 | $95,880 | $39,140 |
| 2024 | $1,958 | $131,090 | $93,090 | $38,000 |
| 2023 | $1,898 | $127,280 | $90,380 | $36,900 |
| 2022 | $1,852 | $127,280 | $90,380 | $36,900 |
| 2021 | $1,804 | $123,580 | $87,750 | $35,830 |
| 2020 | $1,766 | $119,990 | $85,200 | $34,790 |
| 2019 | $2,068 | $113,110 | $80,310 | $32,800 |
| 2018 | $2,225 | $109,820 | $77,980 | $31,840 |
| 2017 | $2,258 | $109,820 | $77,980 | $31,840 |
| 2016 | $1,923 | $103,530 | $73,520 | $30,010 |
| 2015 | $1,590 | $100,520 | $71,380 | $29,140 |
| 2014 | $1,577 | $98,580 | $70,000 | $28,580 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $599,000 | +21.0% | $322 / Sq Ft |
| 08/04/2023 08/04/23 | Sold | $495,000 | -1.0% | $266 / Sq Ft |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- |
| 06/01/2023 06/01/23 | For Sale | $500,000 | +138.1% | $269 / Sq Ft |
| 08/31/2022 08/31/22 | Sold | $210,000 | -23.6% | $113 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 06/23/2022 06/23/22 | For Sale | $275,000 | -- | $148 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | None Listed On Document | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Special Warranty Deed | -- | -- | |
| Warranty Deed | $210,000 | First American Title | |
| Land Contract | $144,340 | Fa | |
| Warranty Deed | $199,900 | Amerititle |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $265,000 | New Conventional | |
| Previous Owner | $298,500 | Construction | |
| Previous Owner | $150,800 | New Conventional | |
| Previous Owner | $159,900 | Purchase Money Mortgage |
Source: Oregon Datashare
MLS Number: 220207990
APN: 10393211
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