214 N Peach Street, Medford, OR 97501

$395,000

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List Price
$395,000
Status
ACTIVE
Days on Market
159
Price Change
▼ $4,000 1770270853
MLS#
220207679
Subtype
Residential Income
Style
Traditional
Year Built
1910
Lot Size
6,098
Acres
0.14
Subdivision
Olson Addition
Neighborhood
Olson Addition

Property Description

INVESTORS, TAKE NOTICE! Potential assumable loan opportunity! This fully rented triplex in the heart of Medford offers immediate cash flow with $3,550 in monthly gross rental income. Featuring 2,124 sq ft of total living space on a 0.14-acre lot, this income-producing property includes three leased units, a shared fenced backyard, and off-street parking. Unit 1 is a 1-bedroom, 1-bath renting for $950/month with garbage, sewer, and water included. Unit 2 is a 2-bedroom, 1-bath renting for $1,200/month. Unit 3 is a 2-bedroom, 1-bath renting for $1,400/month with garbage, sewer, and water included. Originally built in 1910,this property blends classic character with established rental income and strong investment potential. Fully occupied and generating income from day one, this is an excellent opportunity to expand your portfolio or step into multifamily investing. Conveniently located near shopping, dining, and everyday amenities, adding even more appeal for current and future tenants.

Additional Information

Taxes
$2,290
Property Description
Traditional
Zoning
SFR-10
Flooring
Carpet, Laminate
Heating
Electric
Air Conditioning
None
Stories
One
Levels
One
Roof
Composition
Foundation
Concrete Perimeter, Slab
Parking Features
Driveway, On Street
Elementary School
Check With District
Middle School
Check With District
High School
Check With District
View
Neighborhood

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC.

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