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    144-166 Reager St Medford, OR 97501

    For Sale
    $1,250,000

    Ranch, Multi Family - Medford, OR

    Type:Multi Family
    Lot size:
    1.06 Acres
    Days on Market:
    254
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 144-166 Reager St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    SFR-00
    APN
    10430309
    Parking features
    Driveway, Other
    Interior features
    Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)
    Fireplace
    1
    Appliances
    Range, Refrigerator
    Lot size
    1.06 Acres

    Utilities

    Heating system
    Electric (Heating), Fireplace(s), Natural Gas, Wall Furnace
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1942
    Floors in Building
    1
    Number of units
    8
    Flooring type
    Hardwood, Laminate, Vinyl
    Building materials
    Frame
    Roof type
    Composition, Membrane
    Architectural style
    Ranch

    Millen Property Group (541) 301-3435 [email protected]

    Listing agent Patricia Millen (541) 301-3435 License #940200113

    Listing date Mar 29, 2025

    MLS# 220191285 Listing URL

    Copyright © 2025 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medford Multifamily Investment Opportunity

    This Medford, Oregon property presents an investor opportunity with an expansive 1.06-acre parcel offering a country rural feeling within the city. The property comprises 8 single-level units, including one triplex, two duplexes, and a single-wide manufactured home. The units are well-maintained and feature hardwood, laminate, or vinyl flooring, with no carpeting. Recent upgrades include new exterior paint for all multiplex units within the last 30 days. The property is zoned SFR-OO, and potential buyers should check with the city for additional development possibilities. The location at the end of the road creates a private setting. The property has been well-managed by the owner for the past 26 years. The property has a 6.6% cap rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.895465
    Latitude
    42.325879

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    FAQs

    What type of property is this?
    Multifamily property - Expansive 1.06-acre parcel featuring 8 units in Medford, Oregon.
    Where is this multifamily property located?
    The property is located at 144-166 Reager St Medford, OR.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - 1.06-acre parcel offering a country rural feeling within the city.; - Investment opportunity with 8 single-level units (triplex, two duplexes, and a manufactured home).; - Well-maintained property with upgrades completed over 26 years of ownership.
    (541) 301-3435
    Request Owner's contact information
    144-166 Reager St Medford, OR 97501
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    Medford, OR 97501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    144-166 Reager St Medford, OR 97501
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