1036 W 12TH ST Medford, OR $ 375,000
1036 W 12TH ST
$ 375,000
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1036 W 12TH ST

Medford, OR, 97501
$ 375,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 2,619

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Multi-Family Home for sale in Medford, OR

for $375,000 with 4 bedrooms and 2 full baths. This home was built in 1979.

Welcome to 1036 W 12th Street, located in a pleasant pocket of West Medford! The property presents the unique opportunity of two separate homes on one parcel without shared walls, as well as a vacant unit at closing. Well-located for the area, West 12th Street is a peaceful and established neighborhood in West Medford with old-growth tree-lined sidewalks and a nice mix of rentals and owner-occupied homes. Built in 1942 and 1979 (Units B & A, respectively), the units are both 2-bedroom / 1-bathroom layouts with efficient floorplans. Both units are well-maintained and have recent updates, with Unit B being freshly remodeled. The front unit (''A'') has a dedicated detached, 1-car garage, while the rear unit (''B'') has private alley-accessed parking. Overall, the property provides an exceptional opportunity, especially for an owner-occupant looking to enjoy additional income and subsidize your mortgage payment.

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Multi-Family Pending

Price

$ 375,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,563

Style

Year Built

1979

Town/City

Medford

County/Region

Jackson

MLS | Web ID

23176415

Features
General
Sewer PublicSewer
Heating WallFurnace
Zoning SFR-10
Year Built 1979
Tax Year 2022
Gross Income 21600.0
County Jackson
Net Operating Income 14040.0
Operating Expense 7560.0
Property Type MultiFamily
Rent Includes Sewer TrashCollection Water
Status Pending
Directions Hamilton Street
High School South Medford
City Medford
Total Units 2
MLS Area _802
Street Name 12TH
Listing Terms Cash Conventional
Elementary School Washington
Tax Annual Amount 2563.34
Middle/Junior High School McLoughlin
Virtual Tour https://drive.google.com/file/d/1T3fD5uUATbWlNk8BrpojNphuKXqJFejj/view?usp=sharing
Days on Market 76
Standard Status Pending
Legal Description TL 2900
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Interior
Basement CrawlSpace
Storage IndividualStorageUnits
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Street Suffix ST
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Detached Open
Lot Features Level
Water Source PublicWater
Exterior Description WoodSiding
Foundation Details ConcretePerimeter
Road Surface Type Paved
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Internal Only
Street Number 1 1036
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* Excluded Features
List By
Merit Commercial Real Estate, Llc.

Broker

caspian@merit-commercial.com

Email

Affordability Calculator

$2,833
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,619
Monthly Property Taxes
$214
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3890144 Elementary School
3470264 Middle School
South Medford High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2023$375,000 Listed Price

Map


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1036 W 12TH ST, Medford, OR, 97501 is a Multi-Family Home for sale at $375,000. 1036 W 12TH ST has 4 bedrooms, 2.0 baths, and was built in 1979. The property's zip code is 97501 which is in Medford, OR