$1,110,000
$1,100,000
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512 Oakdale AVE Medford, OR 97501
5,320 SqFt
Key Details
Sold Price $1,110,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,320 sqft
Price per Sqft $208
Subdivision Barrs Addition
MLS Listing ID 220137033
Sold Date 01/07/22
Style Other
Year Built 1965
Annual Tax Amount $7,209
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 0.28
Property Description
Great investment opportunity. This well maintained, professionally managed property is located in the historic Oakdale Avenue area. Featuring (7) one bedroom/1.0 bath units with approx. 624 sf each, and (2) studio style units with approx. 392 sf each. There's an onsite laundry room with additional separate storage areas for each tenant. New roof installed in Feb/2021. Several units have had some updating done in recent years, which includes new carpet, vinyl plank flooring, appliances, plumbing fixtures, water heaters, paint and etc. All 9 units are currently being leased.. There are (4) one bedroom units rented at $895.00/month, (1) one bedroom unit rented at $875.00/month, (2) one bedroom units rented at $720.00/month, (1) Studio unit (long term) rented at $490.00/month and (1) Studio unit rented at $950.00/month. Rents were increased April 1, 2021.
Location
State OR
County Jackson
Community Barrs Addition
Direction West Main Street to S. Oakdale Avenue, between W. 11th Street and Dakota Avenue. Property is located on the Right heading South.
Rooms
Basement None
Interior
Interior Features Ceiling Fan(s)
Heating Baseboard, Electric, Other
Cooling Wall/Window Unit(s)
Window Features Aluminum Frames,Vinyl Frames
Exterior
Exterior Feature Patio
Parking Features Asphalt, Driveway, No Garage, On Street, Parking Lot
Roof Type Composition
Building
Lot Description Landscaped, Level, Sprinklers In Front
Entry Level One
Foundation Concrete Perimeter
Water Public
Architectural Style Other
Structure Type Frame
New Construction No
Schools
High Schools South Medford High
Others
Senior Community No
Tax ID 1-0413178
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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