431 5th ST Active Save Request In-Person Tour Request Virtual Tour
Central Point,OR 97502
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,748 sqft
Price per Sqft $205
MLS Listing ID 220206099
Style Ranch
Bedrooms 3
Full Baths 2
Year Built 1953
Annual Tax Amount $3,097
Lot Size 7,840 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State OR
County Jackson
Interior
Heating/Cooling Forced Air,Geothermal
Exterior
Parking Features Alley Access,Detached Carport,Driveway,Gravel
Roof Type Composition
Parking Alley Access,Detached Carport,Driveway,Gravel
Building
Lot Description Garden,Landscaped
Foundation Concrete Perimeter,Pillar/Post/Pier
Water Public
Structure Type Frame
New Construction No
Construction Frame
Schools
High Schools Crater High
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard