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1808 Spring Street

Medford OR 97504

6086 sq. ft.
97574.4 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Fantastic investment opportunity for 8 stick built homes and a duplex on over 2 acres of commercially zoned property in East Medford, with potential for future development per zoning! Most, if not all units are rented & have been rehabbed or are in the process of being rehabbed. All units have separate electrical meters. Highly desirable location close to amenities such as parks, dining, and shopping. The property also offers a sense of privacy with its mature trees surrounding the area. With a great cap rate, this property is an excellent investment opportunity for those looking for a profitable rental business. Monthly rents close to $14k

Features

6086 sq. ft. floor area
97574.4 sq. ft. lot size
Multi-Family

Property history for 1808 Spring Street

2022
Sold
Undisclosed
21 Sep 2022

Happy sellers in Medford

87%
87% of sellers in Medford reported that their sale price either exceeded or met their price expectations.

Medford stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Medford over the last 12 months.

Local market activity for multi families in Medford

In the last 12 months, 4 multi families similar to 1808 Spring Street, have been sold.

This represents a 100% decrease in multi families sales when compared to the previous 12 months.

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