Price Reduction - Master on Main
Address
909 N Central Avenue Medford, OR
Price
$ 275,000
Property Attributes
  • MLS#2972815
  • TypeSingle Family
  • CountyJACKSON
  • CityMedford
  • AreaWest Medford
  • Zip97501
  • Style
  • Year Built1906
  • Taxes3494
  • Price$ 275,000
  • Bedrooms10
  • Full Bathrooms5
  • Half Bathrooms1
  • Sqr Footage4537
  • Lot Size0.7 Acres
Listing Provided Courtesy Of:
Rockwell Real Estate
Property Description

Here is an opportunity to purchase multifamily housing with great future development potential. City of Medford says up to 24 units may be built on this site. Currently property consists of four units: 1) A two story 5 bedroom, 2.5 bath home featuring 2213 sqft with scheduled rents of $800 per month, 2) A duplex totaling 1162 sqft, with a 1 bedroom, 1 bath with scheduled rents of $395, and a 2 bedroom 1 bath unit with scheduled rents of $410 per month, and 3) an 1162 sqft 2 bedroom 1 bath home with scheduled rent of $410 per month. All units are fully occupied and with long term tenants. Current owner keeps rents low, despite market conditions that call for an increase.

Elementary School Middle School High School
JA Jackson Elementary School JA McLoughlin Middle School JA North Medford High School
Price History
1/22/2017 Listed $350,000
2/6/2017 8% - $325,000
2/23/2017 8% - $300,000
7/11/2017 9% - $275,000

General Features

Levels Two
Property SubType Residential
Property Type Residential
Zoning C-H

Interior Features

Full Baths 5
Half Baths 1
Heat Source Electric
Heating Baseboard
Living Area 4537.00

Exterior Features

Construction Materials Frame
Exterior Features Patio
Lot Size Acres 0.70
Lot Size Source (Assessor)
Lotsizeunits Acres
Roof Composition
Sewer Public (CIty)
Terrain Level
View Territorial
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 97501

Price
AVG $430K
$280K
Taxes
AVG $2,619
$3,494
Visits
AVG 106
1399
Year Built
AVG 1969
1906
Walkscore
AVG 37
75

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