144-166 Reager Street, Medford, OR 97501 | MLS #220191285 | Berkshire Hathaway HomeServices Northwest Real Estate

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Listing provided courtesy of Millen Property Group- MLS# 220191285MLS ProviderContact Information: 541-301-3435

144-166 Reager StreetMedford, OR 97501

Multi-Family · 4,456 Sq. ft. | 1.06 Acres
$1,250,000 Active

144-166 Reager Street Overview

Time on Site:
626 days
Visits:
3

Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location creates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.

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144-166 Reager Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,456
  • Price/Sq.ft. $281
  • Lot 1.06 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Oak Grove Elem
  • Middle Or Junior School: McLoughlin Middle
  • High School: South Medford High

Building Information

  • New Construction: false
  • Year Built: 1942

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 5391.86
  • Tax Year: 2023

General Information

  • Exclusions: Tenant Property
  • Inclusions: All appliances
  • Listing Terms: Cash,Conventional
  • Parcel Number: 10430309
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Appraiser
  • Building Area Total: 4456.0

General Information

  • Appliances: Range,Refrigerator,Water Heater
  • Basement: None
  • Common Walls: 1 Common Wall,2+ Common Walls
  • Flooring: Hardwood,Laminate,Vinyl
  • Foundation Details: Concrete Perimeter
  • Interior Features: Laminate Counters,Shower/Tub Combo,Walk-In Closet(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Driveway,Other

Lot Information

  • Additional Parcels: false
  • Lot Features: Level
  • Lot Size Acres: 1.06
  • Lot Size Area: 1.06
  • Lot Size Square Feet: 46173.6
  • Lot Size Units: Acres
  • Road Surface Type: Gravel
  • Water Source: Public

Waterfront/View

  • View: Neighborhood

Building Exterior/Construction

  • Architectural Style: Ranch
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition,Membrane

General Information

  • Number Of Units Total: 8
  • Other Structures: Shed(s)
  • Sewer: Public Sewer

144-166 Reager 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
Community data courtesy of LiveBy, Inc.

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.

144-166 Reager Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

144-166 Reager 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
Calculations provided by Reliance Network

144-166 Reager Street History

Date Event Value Agent
10/11/2024Source: Oregon Datashare Added to Database
October 11, 2024