$379,000
$380,000
0.3%For more information regarding the value of a property, please contact us for a free consultation.
303-305 Portland AVE Medford, OR 97504
2,101 SqFt
Key Details
Sold Price $379,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,101 sqft
Price per Sqft $180
Subdivision Imperial Addition
MLS Listing ID 220156489
Sold Date 01/25/23
Style Ranch
Year Built 1955
Annual Tax Amount $3,470
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 0.16
Property Sub-Type Multi Family
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.
Location
State OR
County Jackson
Community Imperial Addition
Direction Siskiyou to 10th
Rooms
Basement None
Interior
Heating Electric, Heat Pump
Cooling Heat Pump
Exterior
Parking Features Detached, Gravel
Roof Type Composition
Building
Entry Level One
Foundation Pillar/Post/Pier
Water Public
Architectural Style Ranch
Structure Type Frame,Manufactured House
New Construction No
Schools
High Schools South Medford High
Others
Senior Community No
Tax ID 10377184
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
Special Listing Condition Standard
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