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144-176 Reager St

Multifamily | 9 Units

Listing Contacts

Active

Asking Price: $1,650,000
Address 

144-176 Reager St, Medford, OR 97501

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Date Added
Dec 13, 2024
Days on Market
103 days
Time Since Last Update
86 days

Details

Property TypeMultifamily
SubtypeSingle Family Rental Portfolio
Square Footage5,966
Net Rentable (sq ft)5,966
Price/Sq Ft$276.57
Occupancy100%
Units9
Year Built1942
Buildings3
Stories1
ZoningSFR-00
Lot Size (acres)2.32
APN10430309

Marketing Description

Investors-Heads up! Don't miss out! Rural setting in the city with 2 separate parcels totaling 2.32 acres- Total of 9 units.​ 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.​

Investment Highlights

  • Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)

  • Flooring: Hardwood, Laminate, Vinyl

  • Windows: Double Pane Windows, Vinyl Frames, Wood Frames

  • Basement: None

  • Has fireplace: No

  • Common walls with other units/homes: 1 Common Wall,2+ Common Walls

  • Total structure area: 5,966

  • Total interior livable area: 5,966 sqft

  • Parking features: Attached, Driveway, Other

  • Has attached garage: Yes

  • Has uncovered spaces: Yes

  • Levels: One

  • Stories: 1

  • Exterior features: RV Dump

  • Has view: Yes

  • View description: Neighborhood, Territorial

  • Additional structures: Shed(s), Storage, Workshop

  • Additional parcels included: 10451483

  • Parcel number: 10430309

  • Zoning description: SFR-00

  • Special conditions: Standard

  • Home type: MultiFamily

  • Architectural style: Ranch

  • Property subtype: Multi Family, Manufactured Home

  • Frame

  • Foundation: Concrete Perimeter

  • Roof: Composition, Membrane

  • New construction: No

  • Year built: 1942

  • Price per square foot: $277/sqft

  • Annual tax amount: $8,163

  • Date on market: 10/11/2024

  • Listing terms: Cash, Conventional

  • Inclusions: All appliances

  • Exclusions: Tenant Property

  • Road surface type: Paved

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Broker Information
Broker Name
Patie Millen
Broker License
OR OR 940200113
Brokerage Name
Millen Property Gfoup
Broker Title
Principal Broker
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