116 Cottage Street, Medford, OR 97504

$660,000

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Listing courtesy of Land Leader. Selling Office: Land Leader.

Sold Price
$660,000
List Price
$679,500
Closing Date
Jul 21, 2025
MLS#
220203549
Status
CLOSED
City
Medford
County
Jackson
Year Built
1965

Property Description

SELLER FINANCING AVAILABLE - 6-Unit Apartment Complex in Downtown Medford. An excellent investment opportunity awaits in the heart of downtown Medford. This complex features six one-bedroom, one-bathroom units, each approximately 616 square feet. Two of the six units have been intentionally left vacant, allowing the new owner to place tenants at current market rents. Existing rents range from $700 to $1,000 per month and include water, sewer, garbage, and landscaping services. With its manageable size, this property is ideal for both new and seasoned investors looking to build equity and increase cash flow. The location offers strong rental demand and long-term growth potential, while seller financing provides added flexibility. This is a rare chance to acquire a solid income-producing asset with upside potential in a growing area. Please do not disturb tenants. Showings are by appointment only—call or text the listing agent to schedule a private tour.

Additional Information

Taxes
$6,304
Acres
0.14
View
Neighborhood
Water
Public
Heating
Baseboard
Foundation
Slab
Flooring
Carpet, Laminate
Elementary School
Check With District
Middle School
Check With District
High School
Check With District

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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: