215 N IVY ST Medford, OR $ 745,000
215 N IVY ST
$ 745,000
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215 N IVY ST

Medford, OR, 97501
$ 745,000
Bedrooms10 Baths10.0

Monthly Estimate*

$ 4,952

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Multi-Family Home for sale in Medford, OR

for $745,000 with 10 bedrooms and 10 full baths. This home was built in 1930 on a lot size of 0.23.

Investors special! Two 5-Plexes on one commercially zoned tax lot! At list price, these units are bringing in a 9.4% cap rate (doesn't include management fee). Roofs on each building are less than 5 years old and various updates such as flooring, interior paint, & windows have been done in a few of the units. 215 N Ivy has an attached single car garage and tons of storage as well. Back alley access allows ample parking. Each unit has its own gas and power meter. One of the cheapest price per units on the market in Southern Oregon, so contact your agent today for a personal tour, before it's too late!

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Multi-Family Pending

Price

$ 745,000

Bedrooms

10

Full Bath

10

Property Type

Multi-Family

Taxes

$ 6,440

Style

Lot Size

0.23

Year Built

1930

Town/City

Medford

County/Region

Jackson

MLS | Web ID

24644382

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling WallUnit WindowUnit
Zoning C-C
Year Built 1930
Tax Year 2023
Gross Income 96852.0
County Jackson
Net Operating Income 70908.0
Operating Expense 25944.0
Property Type MultiFamily
Rent Includes TrashCollection
Status Pending
Directions N Ivy to address
High School South Medford
City Medford
NumberOfUnitsTotal 5
MLS Area _802
Lot Size Square Feet 10018.0
Street Name IVY
Listing Terms Cash Conventional
Elementary School Jackson
Tax Annual Amount 6440.61
Middle/Junior High School McLoughlin
Days on Market 28
Standard Status Pending
Legal Description 10397304
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Exterior
Water Source PublicWater
Exterior Description WoodSiding
Lot Size Acres 0.23
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Interior
Unit 1 Baths Total 5
Unit 1 Beds Total 5
Unit 2 Baths Total 5
Unit 2 Beds Total 5
Street Suffix ST
Unit Type UnitTypeType2
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Internal Only
Street Number 1 215
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* Excluded Features
List By
John L. Scott Medford

Broker

alexaaronson@johnlscott.com

Email

Affordability Calculator

$5,488
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,952
Monthly Property Taxes
$537
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
4563590 Elementary School
3470264 Middle School
South Medford High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2024$745,000 Listed Price

Map


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215 N IVY ST, Medford, OR, 97501 is a Multi-Family Home for sale at $745,000 with a lot size of 0.23. 215 N IVY ST has 10 bedrooms, 10.0 baths, and was built in 1930. The property's zip code is 97501 which is in Medford, OR