513 Alice Street, Medford, OR 97501

$599,000

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Listing courtesy of Merit Commercial RE, LLC. Selling Office: John L Scott Real Estate Grants Pass.

Sold Price
$599,000
List Price
$625,000
Closing Date
Sep 11, 2024
MLS#
220187289
Status
CLOSED
City
Medford
County
Jackson
Year Built
1982

Property Description

Welcome to 513 Alice Street, a five-unit apartment complex centrally located in Medford, Oregon. A rare public offering of a five-plex, the property presents the opportunity to step into an established, upgraded, income-producing asset in Medford! The property itself consists of five units, across one 2-story triplex and two standalone cottages on one tax lot, made up of (3) 2-bd/1-ba units and (2) 1-bd/1-ba cottages. While retaining much of its original character, the property has been extensively remodeled and updated throughout the years. Extensive renovations in the recent years have made this property a nearly turn-key investment for the buyer. Sited on an efficient, easily accessible lot, the property enjoys a central location in Medford. The complex is a short drive downtown Medford, Lithia Motors headquarters, Northgate Marketplace, Medford Center, and many other schools, parks, and entertainment. Additional info available - contact listing brokers today!

Additional Information

Taxes
$4,284
Acres
0.15
Water
Public
Heating
Wall Furnace
Foundation
Concrete Perimeter
Flooring
Carpet, Simulated Wood, Vinyl
Elementary School
Wilson Elem
Middle School
Mcloughlin Middle
High School
North Medford High

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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: