$916,000
$999,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
6,108 SqFt
SOLD DATE : 08/29/2025
Key Details
Sold Price $916,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,108 sqft
Price per Sqft $149
MLS Listing ID 220203905
Sold Date 08/29/25
Style Traditional
Year Built 1965
Annual Tax Amount $5,594
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 0.43
Property Sub-Type Multi Family
Property Description
Exclusively presented for sale - 403 W 12th Street: a clean, 8-unit apartment complex in Medford, Oregon (the ''Property''). A rare public offering of a renovated apartment complex producing strong rents, the Property presents an opportunity to step into established asset in a mature neighborhood. The Property consists of a fourplex, two duplexes, and a detached garage/storage building on a .34-acre corner lot. The fourplex (units 510-516) features (4) 2-bed/1.5-ba townhouse-style units. The first duplex (units 403/405) is exceptionally clean, and includes (2) 2-bed/1-ba units with private attached garages and yards. The 2nd duplex (units 405A/405B) has a convenient layout with a 1-bed and studio unit. The standalone garage includes 4 interior bays (currently not fully demised), and is leased to a contractor (buyer could convert to conventional garages). Located in a quiet, mature area and close to schools, parks, and employers. Contact brokers for more info!
Location
State OR
County Jackson
Interior
Heating Baseboard, Ductless, Electric, Other
Cooling Ductless, Other
Exterior
Parking Features Alley Access, Attached, Driveway, Gravel, On Street
Roof Type Composition
Building
Lot Description Corner Lot, Fenced, Landscaped, Level
Foundation Concrete Perimeter
Water Public
Architectural Style Traditional
Level or Stories Multi/Split
New Construction No
Schools
High Schools South Medford High
Others
Senior Community No
Tax ID 10373588
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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