Description
Well-maintained 1991-built quadplex on a quiet dead-end street near North Medford High School. This 3,816 SF two-story property offers four identical 2BD/1.5BA units, each with an attached single-car garage, separate gas/electric meters, and no HOA fees. Professionally managed with landscaped grounds. Three units are vacant or recently refurbishedset your own rents and select your tenants for immediate upside. Gross Scheduled Income of $62,220 reflects current rents plus pro-forma market rents on two vacant units. One long-term tenant remains at a below-market rent because the prior owner elected not to raise rent; a new owner may adjust rents in accordance with Oregon Landlord-Tenant laws and required notice periods. Water/sewer/garbage paid by owner. A solid, low-maintenance investment with value-add potential in a convenient location near schools, shopping, and I-5.
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8BEDS
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0.19ACRES
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4BATHS
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01/2 BATHS
School Information
Description
Well-maintained 1991-built quadplex on a quiet dead-end street near North Medford High School. This 3,816 SF two-story property offers four identical 2BD/1.5BA units, each with an attached single-car garage, separate gas/electric meters, and no HOA fees. Professionally managed with landscaped grounds. Three units are vacant or recently refurbishedset your own rents and select your tenants for immediate upside. Gross Scheduled Income of $62,220 reflects current rents plus pro-forma market rents on two vacant units. One long-term tenant remains at a below-market rent because the prior owner elected not to raise rent; a new owner may adjust rents in accordance with Oregon Landlord-Tenant laws and required notice periods. Water/sewer/garbage paid by owner. A solid, low-maintenance investment with value-add potential in a convenient location near schools, shopping, and I-5.
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