108 N Columbus Avenue, Medford, OR 97501

Medford
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
108 N Columbus Avenue,Medford, OR 97501
$359,000
  • - Beds
  • - Baths
  • 1,712 sq. ft.
  • Multi-family
  • Active
Listed by: joshua m emptage
Office: john l scott real estate grants pass
MLS#:220223684
Source:OR_SOMLS

Price summary

  • Price:$359,000
  • Price per sq. ft.:$209.7

About this home

Well-maintained triplex with recent updates and strong income potential. Property features two attached 1 bed/1 bath units and one detached 2 bed/1 bath unit, offering a versatile unit mix for tenants. Units 1 and 2 have been extensively refreshed with new interior paint, flooring and carpet, updated kitchen cabinets, countertops, sinks, lighting, and bathroom sink/plumbing improvements. All three units received a new roof in 2023, providing peace of mind for years to come. Separate gas and electric meters help simplify property management and tenant billing. Currently generating $35,820 in annual gross income. Under current operating performance, the property projects to a stabilized CAP Rate just under 8% based on trailing expense run-rate. A great opportunity for investors seeking a turnkey income-producing property with recent capital improvements already completed.

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Home facts

  • Year built:1906
  • Subdivision & Development:Bryant Addition
  • Listing ID #:220223684
  • Added:55 day(s) ago
  • Updated:August 13, 2026 at 02:32 PM

Rooms and interior

  • Flooring:Carpet, Laminate, Vinyl
  • Bathrooms Description:Fiberglass Stall Shower, Shower/Tub Combo
  • Kitchen Description:Range, Refrigerator
  • Living area:1,712 sq. ft.

Heating and cooling

  • Heating:Baseboard, Natural Gas, Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1906
  • Building area:1,712 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Fenced, Level
  • Construction Materials:Frame
  • Foundation Description:Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:South Medford High
  • Middle school:McLoughlin Middle
  • Elementary school:Jackson Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$359,000
  • Price per sq. ft.:$209.7
  • Tax amount:$1,886 (2025)

Features and amenities

  • Appliances:Range, Refrigerator, Washer, Water Heater

Parking

  • Parking description:Alley Access, On Street

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