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(541) 601-3670
Real Estate Company
16 Hamilton Street, Medford, OR 97501
- $599,000
Listing courtesy of eXp Realty, LLC. Selling Office: Patrick Iler Real Estate.
- Sold Price
- $599,000
- List Price
- $610,000
- Closing Date
- Sep 10, 2025
- MLS#
- 220203641
- Status
- CLOSED
- City
- Medford
- County
- Jackson
- Year Built
- 1950
Property Description
Excellent Investment Opportunity with Strong Cap Rate! This centrally located 4-plex offers a desirable mix of unit types and recent upgrades, making it a turnkey addition to any investment portfolio. The property includes a stand-alone 2-bedroom, 1-bathroom single-family home with washer/dryer hookups, and a private backyard, ideal for attracting long-term tenants. Additionally, the attached triplex includes a 4-year-old roof and features two spacious 2-bedroom, 1-bath units and one well-maintained 1-bedroom, 1-bath unit. Majority of the units have been updated with newer flooring and paint while all units include newer energy-efficient windows and ductless mini-split systems. Current rents are $1,300, $1,150, $1,050, and $1,050. With strong rental appeal, low-maintenance improvements, and a convenient central location close to services and transit, this property is well-positioned to deliver reliable cash flow and long-term value!
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Additional Information
- Taxes
- $4,066
- Acres
- 0.31
- View
- Territorial
- Water
- Public
- Heating
- Ductless
- Foundation
- Concrete Perimeter
- Flooring
- Carpet, Hardwood, 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: