23 Chestnut StreetMedford, OR97501

$265,000
2 total units
1454 sq. ft
0.17 acres
Elementary School: Oak Grove Elem
Middle School: McLoughlin Middle
High School: South Medford High
Zoning: SFR-10
1262 days on market

VestorFilter™

Price per unit$132.5K/unit
Price per ft²$182.26/ft²
Recent price drop$10,000
Price per acre$1.56M/ac
Time on market1262 days

Property Description

Great investment property perfect to rent, or to occupy one and rent the other! The 2 units have a rental history, separate electric meters, and do not share a common wall. A shared yard with fruit trees between separates the two residences. Front unit is 806sq ft with 2 bedrooms and 1 bath, has a fenced front yard, new laminate flooring, new electric stove, and a new water heater. Back unit is 646sq ft and also has 2 beds and 1 bath. It has been remodeled with a new bathroom, new laminate floors throughout, a new electric stove, new washer and dryer, and has separate alley access and a carport.

Financial Data

Date Sold2021-01-15
Sold Price$260,000
Price ChangeDropped $10,000 on 06/22/2023
Total $20,000 drop
Original Price$285,000
Current Price$265,000
Property Taxes$1,961

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Home Facts

StatusClosed
Year Built1930
MLS ID220112817