Listing provided courtesy of Real Broker- MLS# 220195703
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502 Benson StreetMedford, OR 97501
Multi-Family · 1,384 Sq. ft. | 0.13 Acres$409,900
Active
502 Benson Street Overview
- Time on Site:
- 503 days
- Visits:
- 9
This unique property features two separate bungalow-style homes on one lot, each with private entrances and no shared walls—ideal for families or investors. Both homes have been fully remodeled with fresh paint, new flooring, and updated kitchens with modern countertops and cabinets. The first unit is 640 sq. ft., 2 bed/1 bath, currently rented at $1,200/month with a lease through 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Recent updates include tree pruning to meet insurance requirements, new weed control, and fresh bark in the front yard. Conveniently located near schools, transit, medical care, and shopping, this property offers flexibility and income potential. A fantastic opportunity for a homeowner seeking rental income or an investor looking for steady returns!
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502 Benson Street Facts & Features
- Type Multi-Family
- Sq. ft. 1,384
- Price/Sq.ft. $296
- Lot 0.13 Acres
Details
General
Association/HOA
- Association: false
School Information
- Elementary School: Washington Elem
- Middle Or Junior School: McLoughlin Middle
- High School: South Medford High
Building Information
- New Construction: false
- Year Built: 1946
Location/Region
- County Or Parish: Jackson
- Subdivision Name: Oakgrove Addition
Tax Information
- Tax Annual Amount: 1960.41
- Tax Year: 2024
General Information
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Parcel Number: 10407508
- Property Sub Type: Duplex
- Property Type: Residential Income
- Special Listing Conditions: Standard
Interior
Beds/Baths
- Bathrooms Total: 0
Building Interior
- Building Area Source: Assessor
- Building Area Total: 1384.0
General Information
- Basement: None
- Common Walls: No Common Walls
- Flooring: Laminate
- Foundation Details: Concrete Perimeter
- Levels: One
- Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
Exterior
Parking Information
- Parking Features: Detached
Lot Information
- Additional Parcels: false
- Lot Features: Fenced
- Lot Size Acres: 0.13
- Lot Size Area: 0.13
- Lot Size Square Feet: 5662.8
- Lot Size Units: Acres
- Water Source: Public
Waterfront/View
- View: Neighborhood
Building Exterior/Construction
- Architectural Style: Bungalow
- Attached Garage: false
- Construction Materials: Frame
- Roof: Composition
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
502 Benson Street Neighborhood
Community
97501 (MEDFORD) Demographics
36
Median Age
887
Population Density (per sq. mile)
25%
College Educated
$48,865
Estimated Median Income
10,029
Estimated Total Home Owners
8,656
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.502 Benson Street Monthly Cost
502 Benson Street Market Data
Based on the last 30 days in this zip code
$368,725
Average List Price
$241
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
263
Properties for Sale
502 Benson Street History
| Date | Value | Agent |
|---|---|---|
| 1/2/2026Source: Oregon Datashare | $409,900 -1.4% |
|
| 9/22/2025Source: Oregon Datashare | $415,900 -1.0% |
|
| 3/10/2025Source: Oregon Datashare | $419,900 -2.3% |
|
| 2/11/2025Source: Oregon Datashare | February 11, 2025 |