Property Description
Well-maintained 1991-built quadplex tucked on a quiet dead-end street near North Medford High School. This 3,816 SF two-story property features four identical 2BD/1.5BA units, each w/an attached single-car garage and separate gas and electric meters. No HOA. Professionally managed with attractive, low-maintenance landscaping. Units 2 and 3 are currently vacant. Unit 2 has been recently refreshed, while Unit 3 remains in original condition, offering additional upside through light improvements and rent-up. Gross Scheduled Income of $62,220 reflects current rents plus pro-forma market rents on the two vacant units. One long-term tenant remains at a below-market rent due to prior ownership decisions; rents may be adjusted by a new owner in compliance with Oregon landlord-tenant law and required notice periods. Owner pays water, sewer, and garbage. A solid, low-maintenance multifamily investment with value-add potential in a convenient North Medford location near schools, shopping & I-5.
Property Features
Feature Descriptions
Local Schools
Listed By / Sold By
Listed By
Agency Name: RE/MAX Platinum
Shown By
Agent Name: Carla Yancey
Agent Phone: (541) 891-8556
Agency Title: Fisher-Nicholson Realty LLC
Sold By
Agency Name: Keller Williams Realty Southern Oregon
Agent Name: Matthew Rutz
