703 W 11th Street
$450,000
Description
703 W 11th Street,
Medford,
OR
97501
Great Cash Flow Tri-plex for investors or own and live in one unit. All three tenants want to stay. In 2007 Seller raised the big home and put a new foundation in at that time, took it down to the studs, and redid the interior. Main home is a 3 bed 1 bath about 1300sqft, rent is $1450 but January 1st, 2025 it is going up to $1550. Upstairs is a 2/1 about 990 sqft, rented for $1025 due to go up to $1125 Jan 1. Stand alone home is a 1 bedroom 1 bathroom about 675 sqft, rent is $1000 due to go up Jan 1 to $1100. Starting January 1st, 2025 rents will total $3775/month. Seller pays water, sewer, trash. 3 separate electric meters and 1 water meter. Lots of off street parking and parking in the back. Please call agent for showing. Do not disturb tenants. Sqft and rent we got that information from All Cities Property Management, buyers/buyer agents to do their own due diligence.
This is an Active listing.
Broker Office Phone Number: 541-226-2070
Copyright © 2024Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Carpet
- Carpeted Floors
- Laminate Flooring
- Wall or Window Air Conditioner(s)
- Composition Shingle Roof
- Driveway
Listing By: Coldwell Banker Cutting Edge via Data Source: Southern Oregon MLS
Washington Elem
Schools
Washington Elem
Elementary
McLoughlin Middle
Middle
South Medford High
High
Price History
| date | price | variance | type |
|---|
| 11/8/2024 | $450,000 | 5.26 % | decreased |
| 10/23/2024 | $475,000 | - | Listed |
listing agent: Clason Whitney
