Active
502 Benson Street
Medford OR, 97501
$429,900
$310.62 per sqft
Active
4 Beds
2 Baths
1,384 sqft
Multi-family
Built in 1946
Courtesy of RE/MAX Platinum, Patricia C Volk
This unique property features two separate bungalow-style homes on one lot, with no common walls and separate entrances, offering privacy for both tenants. Both homes have been completely remodeled. The first unit is 640 sq. ft. with 2 bedrooms and 1 bath, featuring new flooring, updated kitchen counters and cabinets, and fresh paint throughout. Currently rented at $1,795/month with a lease until 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Conveniently located near schools, bus stops, medical care, and grocery stores. Cap rate approximately 4.7%. A solid investment opportunity!
220190751
MLSⓇ ID
October 11, 2024
Listed
October 28, 2024
Updated
Map
502 Benson Street
Medford OR, 97501
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Interior Features
None
Floor Description
Carpet, Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Ductless
Heating
Yes
Heating Description
Ductless
Exterior/Building Features
Lot Size
0.13 Acres
Exterior Features
No Common Walls, Frame
Lot Features
Fenced
Architectual Style
Cottage/Bungalow
Roof
Composition
Sewer
Public Sewer
School Information
School District
Square Feet
High School
South Medford High
Elementary School
Washington Elem
Other Property Details
Taxes
$1,900
Tax Frequency
Annually
Days on Market
17
Garage
Yes
Garage Spaces
1
Parking
Detached
Parking Total
1384
View
No
County
Jackson
Municipality
2
Water Source
Public
Pool
No
Zoning
Sfr-10
Green Building Features
Green Features
None
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Data last updated 7:12 PM UTC, 10/28/2024