871 Wabash Avenue, Medford, OR 97504

$368,500

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Listing courtesy of John L. Scott Medford. Selling Office: .

Sold Price
$368,500
List Price
$350,000
Closing Date
May 15, 2026
MLS#
220218945
Status
CLOSED
City
Medford
County
Jackson
Year Built
1925

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.

Additional Information

Taxes
$2,551
Acres
0.24
View
Neighborhood
Water
Public
Heating
Ductless, Electric, Solar Leased
Foundation
Block, Concrete Perimeter, Slab
Flooring
Carpet, Tile, Vinyl
Elementary School
Roosevelt Elem
Middle School
Hedrick Middle
High School
North Medford High

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Calculator source: Real Geeks

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: