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303-305 Portland Avenue

Medford, OR 97504
  • $380,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 220156489
UPDATED: 212 min ago
$380,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,101
    SQFT
  • $181
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Central Oregon Association of Realtors logoListing provided courtesy of Gwendolyn Christensen :(541) 601-3602.

Description

Great investment opportunity in popular East Medford neighborhood. This lot with 2 single level homes sit close to Providence, Asante, shopping, golf courses and have excellent rental history. Both units have long term tenants. They both are rented under current market value due to history and reliability of tenants. They are both eligible for increases with the potential for 6% cap rate.

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Central Oregon Association of Realtors logo © 2022 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: .2022-11-25T23:48:46.75
www.cbsun.com/homes/134866501
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303-305 Portland Avenue Medford, OR 97504

  • Price: $380,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 212 min ago
  • MLS #: 220156489
5
Beds
2
Baths
0
½ Baths
0.16
Acres
2,101
SQFT
$181
$/SQFT
1955
Built
Neighborhood:
Imperial Addition
County:
Jackson
Area:
Medford
Elementary School:
Roosevelt Elem
Middle School:
Hedrick Middle
High School:
South Medford High
Property Description
Great investment opportunity in popular East Medford neighborhood. This lot with 2 single level homes sit close to Providence, Asante, shopping, golf courses and have excellent rental history. Both units have long term tenants. They both are rented under current market value due to history and reliability of tenants. They are both eligible for increases with the potential for 6% cap rate.
Exterior Features

Architectural Style Ranch Construction Materials FrameManufactured House Foundation Details Pillar/Post/Pier Levels One Parking Features DetachedGravel Roof Composition View Neighborhood

Interior Features

Appliances OvenRange Basement None Cooling Heat Pump Flooring CarpetLaminateVinyl Heating ElectricHeat Pump Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Unit1 Square Footage 932.00 Unit2 Square Footage 800.00

Property Features

Additional Parcels YN No Association YN No CCAnd Rs YN Yes Cross Street 10th Street Exclusions Tenant Property FIRPTAYN No Listing Terms CashOwner Will Carry New Construction YN No Property Sub Type Multi Family Sewer Public Sewer Sign On Property YN Yes Special Listing Conditions Standard Tax Annual Amount 3470.00 Tax Year 2022 Unit1 Monthly Rent 960.00 Unit1 Status Leased Unit1 Unit Number 303 Unit2 Monthly Rent 925.00 Unit2 Status Leased Unit2 Unit Number 305 Water Source Public Zoning Sfr-10

Listing information © 2022 MLS of Central Oregon
Listing provided courtesy of Gwendolyn Christensen :(541) 601-3602.

Central Oregon Association of Realtors logo © 2022 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: .2022-11-25T23:48:46.75
 
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Coldwell Banker Sun Country Realty, Inc.
750 NW 3rd Street
Prineville OR, 97754

Central Oregon Association of Realtors logoListing provided courtesy of Gwendolyn Christensen :(541) 601-3602.