$280,000
PENDING $95K PRICE DROP

Estimated payment $1,717/month

Total Views 15,341
-- Bed
-- Bath
2,518 Sq Ft
$111 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Neighborhood Views
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Wall Furnace

About This Home

Incredible investment opportunity in west Medford! This craftsman-style triplex is located just blocks from downtown, close to local businesses and municipal buildings. New roof, paint, and gutters done in 2022. Long-term tenants and all wish to stay. This property can be purchased with adjacent property currently for sale at 730 W 11th Street (7 units). Property being sold as-is.

Listing Agent

Diane Major

Oregon Opportunities Real Estate Brokerage Email: info@OROP.COM License #200603239 Listed on: 10/05/2023

Co-Listing Agent

Jerry Scheffler

Oregon Opportunities Real Estate Brokerage Email: info@OROP.COM License #920600195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1951

Lot Details

  • 7,841 Sq Ft Lot
  • 1 Common Wall

Parking

  • No Garage

Home Design

  • Triplex
  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Neighborhood Views
  • Range
  • Unfinished Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Washington Elementary School
  • Mcloughlin Middle School

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Exclusions: Tenants appliances & property
  • Property held in a trust
  • Tax Lot 12500
  • Assessor Parcel Number 10410878

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Professional Management Expense $1,510
  • Gross Income $26,075
  • Net Operating Income $18,809

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,440

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Architectural Style: Craftsman
  • Directions: Take West Main, turn left on Hamilton St, then left on W. 11th St and property will be on the left after Newtown St.
  • Unit Levels: One
  • Lot Size Acres: 0.18
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Subdivision Name: N/A
  • Year Built: 1951
  • Attribution Contact: info@OROP.COM
  • Total Gross Income: 26075.0
  • Professional Management Expense: 1510.0
  • Co List Office Mls Id: orOROP
  • Co List Office Phone: 541-772-0000
  • Co List Office Phone: 541-772-0000
  • MLS Status: Pending
  • General Property Information Elementary School: Washington Elem
  • General Property Information Middle Or Junior School: McLoughlin Middle
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: C-S/P
  • General Property Information Audio Surveillance on Premises YN: No
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 12500
  • General Property Information New Construction YN: No
  • Flooring:Tile: Yes
  • Foundation Details PillarPostPier: Yes
  • Levels:One: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Flooring:Carpet: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Architectural Style Craftsman: Yes
  • Special Listing Conditions Trust: Yes
  • Special Listing Conditions:Conservatorship: Yes
  • Common Walls 1 Common Wall: Yes
  • Special Features: None

Interior Features

  • Appliances: Range
  • Has Basement: Unfinished
  • Flooring: Carpet, Tile, Vinyl
  • Appliances Range: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: Tenants appliances & property
  • Construction Materials:Frame: Yes

Garage/Parking

  • Parking Features: No Garage
  • Attached Garage: No
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Heating: Electric, Wall Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Washington Elem
  • High School: Check with District
  • Middle Or Junior School: McLoughlin Middle

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 10410878
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-S/P

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 18809.0
  • Annual Operating Expense: 5756.0

Tax Info

  • Tax Annual Amount: 2440.35
  • Tax Lot: 12500
  • Tax Map Number: 37 @W 25 DA
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,440 $168,270 $64,160 $104,110
2024 $2,440 $163,370 $62,290 $101,080
2023 $2,366 $158,620 $60,480 $98,140
2022 $2,308 $158,620 $60,480 $98,140
2021 $2,248 $154,000 $58,720 $95,280
2020 $2,201 $149,520 $57,010 $92,510
2019 $2,149 $140,950 $53,730 $87,220
2018 $2,094 $136,850 $52,170 $84,680
2017 $2,056 $136,850 $52,170 $84,680
2016 $2,070 $129,000 $49,180 $79,820
2015 $1,989 $129,000 $49,180 $79,820
2014 $1,954 $121,610 $46,360 $75,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Pending -- -- --
12/03/2024 12/03/24 Price Changed $280,000 -6.7% $111 / Sq Ft
09/11/2024 09/11/24 Price Changed $300,000 -4.8% $119 / Sq Ft
06/12/2024 06/12/24 Price Changed $315,000 -10.0% $125 / Sq Ft
04/12/2024 04/12/24 Price Changed $349,900 -6.7% $139 / Sq Ft
10/05/2023 10/05/23 For Sale $375,000 -- $149 / Sq Ft
Source: Oregon Datashare

Source: Oregon Datashare

MLS Number: 220172205

Oregon Datashare

APN: 10410878