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116 Cottage Street

Medford, OR 97504
  • $679,500
  • STATUS: Active
  • ON SITE: 4 Days
  • MLS #: 220203549
New On Site 4 Days Ago
UPDATED: 17 min ago
$679,500
  • 1
    BEDS
  • 0.14
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1965
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Land Leader :.

Description

SELLER FINANCING AVAILABLE - 6-Unit Apartment Complex in Downtown Medford. An excellent investment opportunity awaits in the heart of downtown Medford. This complex features six one-bedroom, one-bathroom units, each approximately 616 square feet. Two of the six units have been intentionally left vacant, allowing the new owner to place tenants at current market rents. Existing rents range from $700 to $1,000 per month and include water, sewer, garbage, and landscaping services. With its manageable size, this property is ideal for both new and seasoned investors looking to build equity and increase cash flow. The location offers strong rental demand and long-term growth potential, while seller financing provides added flexibility. This is a rare chance to acquire a solid income-producing asset with upside potential in a growing area. Please do not disturb tenants. Showings are by appointment onlycall or text the listing agent to schedule a private tour.

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Central Oregon Association of Realtors logo © 2025 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 Coldwell Banker Sun Country Realty, Inc. 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. Listing courtesy of Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2025-06-14T21:43:57.513
www.cbsun.com/homes/164716130
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116 Cottage Street Medford, OR 97504

  • Price: $679,500
  • Status: Active
  • On Site: 4 Days
  • Updated: 17 min ago
  • MLS #: 220203549
1
Beds
1
Baths
0
½ Baths
0.14
Acres
1965
Built
Neighborhood:
N/A
County:
Jackson
Area:
Medford
Elementary School:
Check With District
Middle School:
Check With District
High School:
Check With District
Property Description
SELLER FINANCING AVAILABLE - 6-Unit Apartment Complex in Downtown Medford. An excellent investment opportunity awaits in the heart of downtown Medford. This complex features six one-bedroom, one-bathroom units, each approximately 616 square feet. Two of the six units have been intentionally left vacant, allowing the new owner to place tenants at current market rents. Existing rents range from $700 to $1,000 per month and include water, sewer, garbage, and landscaping services. With its manageable size, this property is ideal for both new and seasoned investors looking to build equity and increase cash flow. The location offers strong rental demand and long-term growth potential, while seller financing provides added flexibility. This is a rare chance to acquire a solid income-producing asset with upside potential in a growing area. Please do not disturb tenants. Showings are by appointment onlycall or text the listing agent to schedule a private tour.
Exterior Features

Architectural Style Other Attached Garage YN No Construction Materials ConcreteFrame Exterior Features [] Foundation Details Slab Lot Features Level Parking Features GravelNo Garage Roof Composition Window Features Aluminum FramesVinyl Frames

Interior Features

Appliances CooktopOvenRange HoodRefrigeratorWater Heater Basement [] Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features [] Flooring CarpetLaminate Heating Baseboard Heating YN Yes Interior Features Laminate CountersSolid Surface Counters Levels Two Unit1 Bedrooms 1 Unit1 Full Baths 1

Property Features

5 Or More Units No Accessibility Features [] Additional Parcels YN No Association Amenities [] Association YN No Building Area Total 3696 CCRs YN Yes Common Walls 2+ Common Walls Community Features [] Flood NA Yes Listing Terms CashConventionalFHAOwner Will Carry New Construction YN No Other Structures [] Property Sub Type Multi Family Road Frontage Type Shared Access Road Surface Type GravelPaved Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 6304 Tax Year 2024 Unit1 Monthly Rent 1000 Unit1 Rent Includes Garbage Yes Unit1 Rent Includes Landscaping Yes Unit1 Rent Includes Sewer Yes Unit1 Rent Includes Water Yes Unit1 Status Leased Unit2 Monthly Rent 1000 Unit2 Rent Includes Garbage Yes Unit2 Rent Includes Landscaping Yes Unit2 Rent Includes Sewer Yes Unit2 Rent Includes Water Yes Unit2 Status Vacant Unit3 Monthly Rent 1000 Unit3 Rent Includes Garbage Yes Unit3 Rent Includes Landscaping Yes Unit3 Rent Includes Sewer Yes Unit3 Rent Includes Water Yes Unit3 Status Vacant Unit4 Monthly Rent 1000 Unit4 Rent Includes Garbage Yes Unit4 Rent Includes Landscaping Yes Unit4 Rent Includes Sewer Yes Unit4 Rent Includes Water Yes Unit4 Status Leased View Neighborhood Water Source Public Waterfront Features [] Zoning Description MFR

Listing information © 2025 MLS of Central Oregon
Listing provided courtesy of Land Leader :.

Central Oregon Association of Realtors logo © 2025 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 Coldwell Banker Sun Country Realty, Inc. 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. Listing courtesy of Coldwell Banker Sun Country Realty, Inc.. Data last updated: .2025-06-14T21:43:57.513
 
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Coldwell Banker Sun Country Realty, Inc.
715 NW 3rd St.
Prineville OR, 97754
Listing provided courtesy of Land Leader :.