Medford Multifamily Investment
144 Reager Street, Medford, OR 97501
MULTI_FAMILY - Ranch - Medford, OR
Type:Single Family Residence
Property size:
5,966 SFLot size:
2.32 AcresPrice / SF:
$276/SF- Added:
- Oct 11, 2024
- Days on Market:
- 588
- Last Refresh:
- May 21 at 10:06 pm
Property Features for 144 Reager Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Parking features
- Driveway
- Window features
- Double Pane Windows, Vinyl Frames, Wood Frames
- Interior features
- Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)
- Exterior features
- RV Dump
- Fireplace
- 1
- Appliances
- Range, Refrigerator, Water Heater
- Standard status
- Active
- APN
- 10430309
- Size
- 5,966 SF
- Lot size
- 2.32 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 8163
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Fireplace(s), Wall Furnace, Electric (Heating), Natural Gas
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1942
- Floors in Building
- 1
- Number of units
- 9
- Flooring type
- Hardwood, Vinyl, Laminate
- Building materials
- Frame
- Roof type
- Composition, Membrane
- Architectural style
- Ranch
- Additional Structures
- Storage
Listing agent Patricia Millen License #940200113 (541) 301-3435
Listing office Millen Property Group 545 A Street, Ste 2, Ashland, OR (541) 301-3435
Listing date Oct 11, 2024
MLS# 220191284
Listing URL
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 2.32 acres total with 8 rental units and a single‑level home on 2 separate parcels, offering immediate income and future development potential.
- Well‑maintained single‑level home with newer heating, siding, and roof, plus a 2‑car garage and shop.
- Multiplex units feature durable, carpet‑free flooring (hardwood, laminate, or vinyl).
- Zoning is SFR 00, with potential for additional development (subject to city approval).
- Good rental income with good tenants already in place.
- Home includes desirable features such as fireplace(s), walk‑in closet(s), and RV Dump.
Overview
This multifamily property in a rural setting within the city of Medford, Oregon, presents an investment opportunity. The property includes two separate parcels totaling 2.32 acres. The improvements consist of eight units, including one triplex, two duplexes, and a single wide manufactured home, totaling 4456 square feet. Interiors of multiplex units have no carpeting; all flooring is hardwood, laminate, or vinyl. Additionally, the offering includes a separate, adjacent 1.26-acre parcel with a well-kept, single-level home with a two-car garage and shop, featuring a large yard. The home has undergone several upgrades, including newer heating, siding, and roof. The large parcels offer room for expansion. The zoning is SFR 00, with potential for additional development, subject to city approval. The property is occupied by tenants.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.895445
- Latitude
- 42.325871
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Eight units on 2.32 acres with development potential.
Where is this multifamily property located?
The property is located at 144 Reager Street 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 **8 rental units and a single‑level home** on 2 separate parcels, offering immediate income and future development potential.; **Well‑maintained single‑level home** with newer heating, siding, and roof, plus a 2‑car garage and shop.; Multiplex units feature durable, carpet‑free flooring (hardwood, laminate, or vinyl).
