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    144-176 Reager St Medford, OR 97501

    For Sale
    $1,650,000

    Ranch, Multi Family - Medford, OR

    Type:Multi Family
    Lot size:
    2.32 Acres
    Days on Market:
    253
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 144-176 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)
    Exterior features
    RV Dump
    Fireplace
    1
    Appliances
    Range, Refrigerator
    Lot size
    2.32 Acres

    Utilities

    Heating system
    Electric (Heating), Fireplace(s), Forced Air, 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
    9
    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# 220191284 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 Ranch Multi-Family Investment

    This multi-family property in Medford, Oregon, presents an investment opportunity with development potential. The property comprises 2.32 acres across two separate parcels. One parcel, spanning 1.06 acres, features eight units, including one triplex, two duplexes, and a single-wide manufactured home, totaling 4456 square feet. The interiors of the multiplex units feature hardwood, laminate, or vinyl flooring, with no carpeting. The adjacent 1.26-acre parcel includes a well-maintained, single-level home with a two-car garage and a shop, complemented by a large yard. Upgrades to the home include newer heating, siding, and roof. The property's zoning is SFR 00, offering potential for additional development, subject to city approval. The property is well-managed and has good tenants. This rural setting within the city offers significant room for expansion.
    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 - Multi-family investment opportunity with development potential in Medford, Oregon.
    Where is this multifamily property located?
    The property is located at 144-176 Reager St Medford, OR.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - 2.32 acres total with 2 separate parcels, including 8 rental units and a single-level home.; - **Well-maintained single-level home** on 1.26 acres with a 2-car garage, shop, and large yard; newer heating, siding, and roof.; - Multiplex units feature hardwood, laminate, or vinyl flooring.
    (541) 301-3435
    Request Owner's contact information
    144-176 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
    144-176 Reager St Medford, OR 97501
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