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144 Reager St 4 Unit Apartment Building $1,650,000 ($412,500/Unit) Medford, OR 97501
Executive Summary
Investors-Heads up! Don't miss out! Rural setting in the city with 2 separate parcels totaling 2.32 acres-1.06 acres, 8 units comprised of 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, this offering includes a separate, adjacent 1.26-acre parcel with sweet well-kept, single level home with 2 car garage and shop. Huge yard! Many upgrades to the home including newer heating, siding, roof and more. Tons of room for expansion on these large parcels. Zoning is SFR 00. Possible high potential for additional development, check with the city. Good numbers and good tenants. Well managed by owner.
Property Facts
| Price | $1,650,000 | Building Class | C |
| Price Per Unit | $412,500 | Lot Size | 2.33 AC |
| Sale Type | Investment | Building Size | 4,456 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1942 |
| Property Subtype | Apartment | ||
| Zoning | SFR-00 - 2 separate parcels totaling 2.32 acres. Zoning is SFR 00. Possible high potential for additional development, check with the city. Zoning is SFR 00. | ||
| Price | $1,650,000 |
| Price Per Unit | $412,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 2.33 AC |
| Building Size | 4,456 SF |
| No. Stories | 1 |
| Year Built | 1942 |
| Zoning | SFR-00 - 2 separate parcels totaling 2.32 acres. Zoning is SFR 00. Possible high potential for additional development, check with the city. Zoning is SFR 00. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $598,070 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$598,070
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144 Reager St
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