SoldNov 26, 2025

Listed by Caspian Hoehne and Ashley Lacer from Merit Commercial RE, LLC

, 

Bought with Jake Rockwell

Source: MLS of Central Oregon #220207774

247 Lorraine Avenue, Eagle Point, OR, 97524

$1,130,000

5240 sq. ft.
23958 sq. ft.

MultiFam

•

30+ days on the market

Sold: Nov 26, 2025

What's around 247 Lorraine Avenue

About this property

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!

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Listing courtesy of Real Estate Cafe LLC and Merit Commercial RE, LLC

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