431 N 5th, Central Point, OR 97502
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
431 N 5th,Central Point, OR 97502
$375,000
- 3 Beds
- 2 Baths
- 1,244 sq. ft.
- Single family
- Active
Listed by:gwendolyn e christensen
Office:john l. scott medford
MLS#:220206099
Source:OR_SOMLS
Price summary
- Price:$375,000
- Price per sq. ft.:$301.45
About this home
Imagine owning a rental property that not only generates income but also offers the flexibility and independence of two separate units. Main House: 3-bedroom, 1-bathroom home has a newer oven and dishwasher. Guest House: A large studio with its own bathroom and kitchen, complete with washer and dryer hook-ups. Both units already produce income and were raised in April 2025 but can support future increases for current rental demand. Utilities: Each unit has its own parking area, electrical meter, and sewer line. There is a shared water line managed by Central Point Water Services. Both units have their own fenced yards, providing a safe and enjoyable outdoor area for tenants. This property not only meets the needs of today's renters but also positions you for future growth in a thriving rental market. Whether you're looking to build equity or generate passive income this property offers a financially responsible pathway to achieving your investment goals.
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Home facts
- Year built:1953
- Listing Id #:220206099
- Added:27 day(s) ago
- Updated:July 18, 2025 at 10:55 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,244 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Geothermal
Structure and exterior
- Roof:Composition
- Year built:1953
- Building area:1,244 sq. ft.
- Lot area:0.18 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$301.45
- Tax amount:$3,098 (2024)
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