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  • $599,000

    16 Hamilton St, Medford, OR 97501

    7beds
    0baths
    3,055sqft
    Quadruplex, Multi Family
    Built in 1950
    -- sqft lot
    $600,900 Zestimate®
    $196/sqft
    $1,633 Estimated rent

    Home value

    $600,900

    $547,000 - $661,000

    $1,633/mo

    Zestimate® history
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    $3,498/mo

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    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: September 10, 2025 at 02:57pm

    Listed by:

    eXp Realty, LLC 888-814-9613

    Bought with:

    Patrick Iler Real Estate

    Source: Oregon Datashare,MLS#: 220203641MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 0
    • Full bathrooms: 2
    Heating
    • Ductless
    Cooling
    • Ductless, Wall/Window Unit(s)
    Appliances
    • Included: Range, Refrigerator
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,055
    • Total interior livable area: 3,055 sqft

    Property

    Parking
    • Parking features: Attached Carport, Driveway, On Street
    • Has carport: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.31 Acres
    • Features: Corner Lot
    Details
    • Parcel number: 10403385
    • Zoning description: C-S/P
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Medford
    • Subdivision: West Main Plaza

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/10/2025Sold$599,000-1.8%$196/sqft
    Source: Oregon Datashare #220203641 Report a problem
    8/12/2025Pending sale$610,000$200/sqft
    Source: Oregon Datashare #220203641 Report a problem
    8/7/2025Contingent$610,000$200/sqft
    Source: Oregon Datashare #220203641 Report a problem
    6/18/2025Listed for sale$610,000$200/sqft
    Source: Oregon Datashare #220203641 Report a problem
    6/13/2025Pending sale$610,000$200/sqft
    Source: Oregon Datashare #220203641 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,067 +3.2%$272,250 +3%
    2023$3,942 +2.5%$264,330
    2022$3,846 +2.7%$264,330 +3%

    Find assessor info on the county website

    Neighborhood: 97501

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $600,900
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    +$12,018
    With Zillow Showcase(estimated)
    $612,918