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Medford Multifamily Investment Opportunity

144 Reager Street, Medford, OR 97501

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For Sale

$1,650,000

MULTI_FAMILY - Ranch - Medford, OR

Type:Single Family Residence

Property size:

5,966 SF

Lot size:

2.32 Acres

Price / SF:

$276/SF

HighLights

1942 ranch building with fireplace, hardwood/laminate/vinyl flooring, and walk‑in closet(s)
Comprises 2 separate parcels totaling 2.32 acres (1.06 acres plus an adjacent 1.26‑acre parcel)
Includes 8 units: one triplex, two duplexes, and a single wide manufactured home totaling 4,456 SF
Investor‑focused mix of living units with wall/window heating and cooling systems, including natural gas and electric options
Separate adjacent single‑level home on 1.26 acres includes a 2‑car garage and shop
Utilities: public water and public sewer; features include an RV dump and driveway parking

We can help!

Contact an agent

Patricia Millen

For Sale

$1,650,000

MULTI_FAMILY - Ranch - Medford, OR

Type:Single Family Residence

Property size:

5,966 SF

Lot size:

2.32 Acres

Price / SF:

$276/SF

Added:: Oct 11, 2024
Days on Market:: 625
Last Refresh:: Jun 27 at 7:06 am

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: Wall Furnace, Forced Air, Electric (Heating), Natural Gas, Fireplace(s)
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, Laminate, Vinyl
Building materials: Frame
Roof type: Membrane, Composition
Architectural style: Ranch
Additional Structures: Storage

We can help!

Contact an agent

Patricia Millen

Listing agent Patricia Millen License #940200113

Listing office Millen Property Group 545 A Street, Ste 2, Ashland, OR

Listing date Oct 11, 2024

MLS# 220191284 Listing URL

HighLights

1942 ranch building with fireplace, hardwood/laminate/vinyl flooring, and walk‑in closet(s)
Comprises 2 separate parcels totaling 2.32 acres (1.06 acres plus an adjacent 1.26‑acre parcel)
Includes 8 units: one triplex, two duplexes, and a single wide manufactured home totaling 4,456 SF
Investor‑focused mix of living units with wall/window heating and cooling systems, including natural gas and electric options
Separate adjacent single‑level home on 1.26 acres includes a 2‑car garage and shop
Utilities: public water and public sewer; features include an RV dump and driveway parking

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 Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Location Insight

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Local Demand

City: Medford
County: Jackson
State: Oregon
Longitude: -122.895445
Latitude: 42.325871

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For sale
Multifamily properties
OR
Medford
97501
144 Reager Street

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: 1942 ranch building with fireplace, hardwood/laminate/vinyl flooring, and walk‑in closet(s); Comprises 2 separate parcels totaling 2.32 acres (1.06 acres plus an adjacent 1.26‑acre parcel); Includes 8 units: one triplex, two duplexes, and a single wide manufactured home totaling 4,456 SF

144 Reager Street, Medford, OR 97501

MULTI_FAMILY - Ranch - Medford, OR

Property Features for 144 Reager Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Medford Retail Center For Sale

Office Building Converted to School

Mixed-Use Industrial and Office Building

Divisible Two-Level Office Building

Flex Warehouse with Office

Two-Building 5-Unit Residential Income

Industrial Warehouse Redevelopment Site

Medford Multifamily Property with RV Parking

Medford Automotive Investment Opportunity

Office Building with Private Entrances

Class A Office Building

Turnkey 4-Plex Investment Property

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