871 Wabash AVE, Medford, OR 97504
871 Wabash AVE, Medford, OR 97504
871 Wabash AVE, Medford, OR 97504
871 Wabash AVE, Medford, OR 97504
871 Wabash AVE, Medford, OR 97504
871 Wabash AVE, Medford, OR 97504
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$ 350,000
Est. payment | /mo

1,374 SqFt


Save
$ 350,000
Est. payment | /mo
Save

1,374 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,374 sqft

Price per Sqft $254

MLS Listing ID 220218945

Style Bungalow

Year Built 1925

Annual Tax Amount $2,551

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 0.24

Property Sub-Type Multi Family

Property Description

Exceptional investment opportunity in desirable East Medford! This unique property features two fully furnished rental units with the potential to convert an existing structure into a third unit-offering strong income upside for savvy investors. Situated on a well-located .24-acre lot surrounded by other established rentals, this property is ideally positioned for consistent demand. Unit one offers 934 sq ft with 2 bedrooms and 1 bathroom, while unit two provides 440 sq ft with 1 bedroom and 1 bathroom-both thoughtfully laid out for comfortable living. The property is fully fenced and gated, with individual addresses for each unit, enhancing functionality and tenant appeal. Added value includes solar panels on the main unit, which will be paid off at close of escrow--allowing the new owner to benefit from reduced utility costs. Whether you're looking to expand your portfolio or secure a versatile income-producing property, this East Medford gem delivers immediate cash.

Location

State OR

County Jackson

Direction From Spring Street take a right on Wabash. Home will be on your right.

Rooms

Basement None

Interior

Interior Features Solid Surface Counters

Heating Ductless, Electric, Solar Leased

Cooling Ductless

Window Features Double Pane Windows

Exterior

Parking Features Driveway, Gated, Gravel, No Garage

Roof Type Composition,Metal

Building

Lot Description Fenced, Level

Foundation Block, Concrete Perimeter, Slab

Water Public

Architectural Style Bungalow

Level or Stories One

Structure Type Frame

New Construction No

Schools

High Schools North Medford High

Others

Senior Community No

Tax ID 10329271

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by John L. Scott Medford
Nearby Locations
Kody Lathrop

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(541) 419-4540

kody@whitepeaksproperties.com

61334 S Highway 97, Bend, OR, 97702, USA

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871 Wabash AVE