16 Hamilton ST Pending Save Request In-Person Tour Request Virtual Tour
Medford,OR 97501
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,055 sqft
Price per Sqft $199
Subdivision West Main Plaza
MLS Listing ID 220203641
Style Ranch
Year Built 1950
Annual Tax Amount $4,066
Lot Size 0.310 Acres
Property Sub-Type Quadruplex
Property Description
Excellent Investment Opportunity with Strong Cap Rate! This centrally located 4-plex offers a desirable mix of unit types and recent upgrades, making it a turnkey addition to any investment portfolio. The property includes a stand-alone 2-bedroom, 1-bathroom single-family home with washer/dryer hookups, and a private backyard, ideal for attracting long-term tenants. Additionally, the attached triplex includes a 4-year-old roof and features two spacious 2-bedroom, 1-bath units and one well-maintained 1-bedroom, 1-bath unit. Majority of the units have been updated with newer flooring and paint while all units include newer energy-efficient windows and ductless mini-split systems. Current rents are $1,300, $1,150, $1,050, and $1,050. With strong rental appeal, low-maintenance improvements, and a convenient central location close to services and transit, this property is well-positioned to deliver reliable cash flow and long-term value!
Location
State OR
County Jackson
Community West Main Plaza
Interior
Heating/Cooling Ductless
Exterior
Parking Features Attached Carport,Driveway,On Street
Roof Type Composition
Parking Attached Carport,Driveway,On Street
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Water Public
Structure Type Frame
New Construction No
Construction Frame
Schools
High Schools Check With District
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Standard