2055 Campus Drive 1 - 4 Unit 1 - 4, Medford, OR 97504
- $625,000
Listing courtesy of RE/MAX Platinum. Selling Office: .
- Sold Price
- $625,000
- List Price
- $649,000
- Closing Date
- Feb 04, 2026
- MLS#
- 220211706
- Status
- CLOSED
- City
- Medford
- County
- Jackson
- Year Built
- 1991
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.
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Additional Information
- Taxes
- $6,000
- Acres
- 0.19
- View
- Panoramic, Neighborhood
- Water
- Public
- Heating
- Wall Furnace
- Foundation
- Concrete Perimeter
- Flooring
- Carpet, Vinyl
- Elementary School
- Abraham Lincoln Elem
- Middle School
- Mcloughlin Middle
- High School
- South Medford High
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