108 N Columbus Avenue, Medford, OR 97501
Local realty services provided by:Duke Warner Realty ERA Powered
108 N Columbus Avenue,Medford, OR 97501
$359,000
- - Beds
- - Baths
- 1,712 sq. ft.
- Multi-family
- Active
Listed by: joshua m emptage
Office: john l scott real estate grants pass
MLS#:220223684
Source:OR_SOMLS
Price summary
- Price:$359,000
- Price per sq. ft.:$209.7
About this home
Well-maintained triplex with recent updates and strong income potential. Property features two attached 1 bed/1 bath units and one detached 2 bed/1 bath unit, offering a versatile unit mix for tenants. Units 1 and 2 have been extensively refreshed with new interior paint, flooring and carpet, updated kitchen cabinets, countertops, sinks, lighting, and bathroom sink/plumbing improvements. All three units received a new roof in 2023, providing peace of mind for years to come. Separate gas and electric meters help simplify property management and tenant billing. Currently generating $35,820 in annual gross income. Under current operating performance, the property projects to a stabilized CAP Rate just under 8% based on trailing expense run-rate. A great opportunity for investors seeking a turnkey income-producing property with recent capital improvements already completed.
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Home facts
- Year built:1906
- Subdivision & Development:Bryant Addition
- Listing ID #:220223684
- Added:57 day(s) ago
- Updated:August 15, 2026 at 02:59 PM
Rooms and interior
- Flooring:Carpet, Laminate, Vinyl
- Bathrooms Description:Fiberglass Stall Shower, Shower/Tub Combo
- Kitchen Description:Range, Refrigerator
- Living area:1,712 sq. ft.
Heating and cooling
- Heating:Baseboard, Natural Gas, Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1906
- Building area:1,712 sq. ft.
- Lot area:0.11 Acres
- Lot Features:Fenced, Level
- Construction Materials:Frame
- Foundation Description:Concrete Perimeter
- Levels:1 Story
Schools
- High school:South Medford High
- Middle school:McLoughlin Middle
- Elementary school:Jackson Elem
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$359,000
- Price per sq. ft.:$209.7
- Tax amount:$1,886 (2025)
Features and amenities
- Appliances:Range, Refrigerator, Washer, Water Heater
Parking
- Parking description:Alley Access, On Street
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