502 Benson St Medford, OR 97501
Washington NeighborhoodEstimated payment $2,319/month
Highlights
- No HOA
- Detached Garage
- Surveillance System
- Neighborhood Views
- Ductless Heating Or Cooling System
- 1-Story Property
About This Home
This unique property features two separate bungalow-style homes on one lot, each with private entrances and no shared walls—ideal for families or investors. Both homes have been fully remodeled with fresh paint, new flooring, and updated kitchens with modern countertops and cabinets. The first unit is 640 sq. ft., 2 bed/1 bath, currently rented at $1,200/month with a lease through 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Recent updates include tree pruning to meet insurance requirements, new weed control, and fresh bark in the front yard. Conveniently located near schools, transit, medical care, and shopping, this property offers flexibility and income potential. A fantastic opportunity for a homeowner seeking rental income or an investor looking for steady returns!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,960
Year Built
- Built in 1946
Lot Details
- 5,663 Sq Ft Lot
- No Common Walls
- Fenced
Parking
- Detached Garage
Home Design
- Duplex
- Frame Construction
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Laminate Flooring
- Neighborhood Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Home Security
- Surveillance System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Washington Elementary School
- Mcloughlin Middle School
- South Medford High School
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Community Details
- No Home Owners Association
- 2 Units
- Oakgrove Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 10407508
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 |
|---|---|---|---|---|
| 2026 | $2,002 | $139,220 | -- | -- |
| 2025 | $1,960 | $135,170 | $43,800 | $91,370 |
| 2024 | $1,960 | $131,240 | $42,520 | $88,720 |
| 2023 | $1,900 | $127,420 | $41,280 | $86,140 |
| 2022 | $1,854 | $127,420 | $41,280 | $86,140 |
| 2021 | $1,806 | $123,710 | $40,080 | $83,630 |
| 2020 | $1,768 | $120,110 | $38,910 | $81,200 |
| 2019 | $1,726 | $113,230 | $36,700 | $76,530 |
| 2018 | $1,682 | $109,940 | $35,640 | $74,300 |
| 2017 | $1,652 | $109,940 | $35,640 | $74,300 |
| 2016 | $1,663 | $103,640 | $33,600 | $70,040 |
| 2015 | $1,598 | $103,640 | $33,600 | $70,040 |
| 2014 | $1,570 | $97,700 | $31,670 | $66,030 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2026 01/02/26 | Price Changed | $409,900 | -1.4% | $296 / Sq Ft | |
| 01/01/2026 01/01/26 | For Sale | $415,900 | 0.0% | $301 / Sq Ft | |
| 12/31/2025 12/31/25 | Off Market | $415,900 | -- | -- | |
| 09/22/2025 09/22/25 | Price Changed | $415,900 | -1.0% | $301 / Sq Ft | |
| 03/10/2025 03/10/25 | Price Changed | $419,900 | -2.3% | $303 / Sq Ft | |
| 02/12/2025 02/12/25 | For Sale | $429,900 | 0.0% | $311 / Sq Ft | |
| 02/12/2025 02/12/25 | Off Market | $429,900 | -- | -- | |
| 02/11/2025 02/11/25 | For Sale | $429,900 | +75.5% | $311 / Sq Ft | |
| 03/10/2021 03/10/21 | Sold | $245,000 | -2.0% | $177 / Sq Ft | View Prior Sale |
| 02/02/2021 02/02/21 | Pending | -- | -- | -- | |
| 12/04/2020 12/04/20 | For Sale | $250,000 | -- | $181 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $245,000 | Ticor Title Company Of Or | |
| Warranty Deed | $81,000 | Jackson County Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $182,500 | New Conventional |
Source: Oregon Datashare
MLS Number: 220195703
APN: 10407508
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 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.
- 421 Benson St
- 381 Benson St
- 1219 Dakota Ave
- 1113 W 11th St
- 1211 Dakota Ave
- 540 Jeanette Ave
- 1201 Murray Ave
- 1048 W 13th St
- 1124 Mt Pitt Ave
- 1036 W 12th St
- 933 Dakota Ave
- 1008 Mount Pitt Ave
- 1320 W 8th St
- 0 N Pacific Hwy Tract B Unit 102984637
- 3 Chestnut St
- 1215 W Main St Unit C, G, J
- 1215 W Main St Unit F
- 1225 W Main St
- 38 Lewis Ave
- 838 Dakota Ave
- 406 W Main St
- 121 S Holly St
- 1295 Thomas Rd
- 835 Overcup St
- 2642 W Main St
- 520 N Bartlett St
- 518 N Riverside Ave
- 237 E McAndrews Rd
- 645 Royal Ave
- 329 Bessie St
- 1801 Poplar Dr
- 353 Dalton St
- 2190 Poplar Dr
- 556 G St
- 2586 Tiffin Way
- 70-110 S Haskell St
- 25 Donna Way
- 933 N Rose St
- 700 N Haskell St
- 117 C St Unit 117 Unit F
Ask me questions while you tour the home.