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Back 247 Lorraine Avenue
Off Market

247 Lorraine Avenue

Eagle Point OR 97524

5240 sq. ft.
23958 sq. ft.
Multi-Family
Last sold for $1,130,000
Caspian HoehneCaspian Hoehne, last sold this property on 26 November 2025 after 102 days on market.

Overview

Exclusively presented for sale - 247 Lorraine Avenue - a clean, rare 8-unit apartment complex in Eagle Point, Oregon (the ''Property''). The Property presents an opportunity to step into established asset in a mature neighborhood, in a sub-market with limited competition and almost zero transactions of apartment complexes for years. The Property is sited on a flat, .55-acre landscaped lot, and consists of two, single-level fourplex buildings and (8) 1-bed / 1-bath efficient units. Once the single vacant unit is leased, the Property will produce nearly $10,000/month in gross income. Located in a quiet, mature area, the Property is close to multiple schools, parks, employers, and much more, and is an attractive opportunity to unlock significant value in beautiful Eagle Point - contact brokers for more info!

Features

5240 sq. ft. floor area
23958 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Eagle Point over the last 12 months.

Property history for 247 Lorraine Avenue

2025
Sold
$1,130,000
26 Nov 2025 by Caspian Hoehne, of Merit Commercial RE, LLC
2022
Sold
$800,000
18 Mar 2022

Happy sellers in Eagle Point

94%
94% of sellers in Eagle Point reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 3 reviews in Eagle Point over the last 12 months.

Local market activity for multi families in Eagle Point

In the last 12 months, 1 multi family similar to 247 Lorraine Avenue, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Eagle Point

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Marc Slavit

Marc Slavit is an award winning recommended agent for Eagle Point.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (14 reviews)
  •  3 Reviews in Eagle Point
  •  2 Sales in Eagle Point
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Deanna Wilkerson

Deanna Wilkerson is a recommended agent for Eagle Point.  They have 5 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Eagle Point
  •  5 Sales in Eagle Point
View profile
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Bobbie Lancaster

Bobbie Lancaster is a recommended agent for Eagle Point.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Eagle Point
  •  1 Sale in Eagle Point
View profile
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Jordan Kramer

Jordan Kramer is a recommended agent for Eagle Point.  They have 8 local sales across the last 12 months.

  •  8 Sales in Eagle Point
View profile
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