505-507 Marie StreetMedford, OR97504

$275,000
2 total units
1 total bedrooms
2 total bathrooms
1250 total sq. ft
1251 sq. ft
0.14 acres
Elementary School: Roosevelt Elem
Middle School: Hedrick Middle
High School: North Medford High
Zoning: Sfr-10
1173 days on market

VestorFilter™

Price per unit$137.5K/unit
Price per ft²$220.00/ft²
Price per acre$1.96M/ac
Price per bedroom$275K/bed
Time on market1173 days

Property Description

Great investment opportunity. Well maintained Duplex with recent updates located in E. Medford close to shopping, medical, employment opportunities, restaurants, parks, & more. Excellent rental history. These single level units are 625 Square feet with 1 bedroom, 1 bath, 9' ceilings, indoor laundry, features a carport with extra storage, located at the rear of lot with paved alley access. Newer vinyl windows, New roof, New ext. paint, New fence, New power meters/electrical panels, New floor coverings (carpet & waterproof vinyl plank flooring) & more. Separate gas and electric meters. Covered rear patios, fenced yard with mature landscaping. Information deemed reliable but not guaranteed. Showing by appt. only with prequalified buyers (verification of funds if cash). Owner currently pays W/S/G. Unit #505 is now rented at $880.00 (Recent increase on 04/01/2021). Unit #507 is now rented at $790.00 (Recent increase on 04/01/2021). Property is professionally managed.

Financial Data

Date Sold2021-06-30
Sold Price$275,000
Price ChangeIncreased $15,000 on 07/02/2021
Total $15,000 increase
Original Price$260,000
Current Price$275,000
Property Taxes$2,105

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Home Facts

StatusClosed
Year Built1940
MLS ID220115932

Unit Details

Unit 1
Unit 2