144-166 Reager Street, Medford, OR

$1,250,000

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1.06

Acres

About 144-166 Reager Street

Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location creates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.

Features of 144-166 Reager Street

MLS® # 220191285
Price $1,250,000
Acres 1.06
Year Built 1942
Type Residential Income
Sub-Type Multi Family
Style Ranch
Status Active

Community Information

Address 144-166 Reager Street
Subdivision N/A
City Medford
County Jackson
State OR
Zip Code 97501

Amenities

Parking Driveway, Other
View Neighborhood
Is Waterfront No

Interior

Interior Features Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)
Appliances Range, Refrigerator, Water Heater
Heating Electric, Free-Standing, Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Stories One
Basement None
Levels One

Exterior

Lot Description Level
Windows Double Pane Windows, Vinyl Frames
Roof Composition, Membrane
Construction Frame, Manufactured House
Foundation Concrete Perimeter

School Information

Elementary Oak Grove Elem
Middle McLoughlin Middle
High South Medford High

Additional Information

Date Listed October 11th, 2024
Days on Market 169
Zoning SFR-00
Horse Property No

Listing Details

OfficeMillen Property Group

Listing Map

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