Two home on one property! Great potential investment opportunity. Live in one and rent out the other. Or a multi family setup. Lots of options! The front unit was built in 1927 and has been updated throughout. It's a one bedroom, one full bath with a small bonus room that could be used as another bedroom without a closet. Nice size living area and kitchen with laundry room. Private, fenced backyard. Back unit was added to the property in 2010 and is a three bedroom, two full baths with an open living and kitchen area. Detached garage with driveway and additional parking behind the garage. Private, fenced front and side yards. Great rental history with awesome tenants who wish to stay.
Closed
$390,000
31 Chestnut St, Medford, OR 97501
4beds
0baths
1,740sqft
Multi Family
Built in 1927
-- sqft lot
$409,000 Zestimate®
$224/sqft
$1,584 Estimated rent
Home value
$409,000
$380,000 - $438,000
$1,584/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: November 07, 2024 at 07:30pm
Listed by:
Invest Rite Realty Group, LLC 541-973-9113
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220171521
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
- Full bathrooms: 3
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dryer, Range, Washer, Water Heater
Features
- Ceiling Fan(s), Granite Counters, Shower/Tub Combo
- Flooring: Carpet, Laminate, Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,740
- Total interior livable area: 1,740 sqft
Property
Parking
- Parking features: Detached, Driveway, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,405 sqft
Details
- Parcel number: 10404981
- Zoning description: Sfr-10
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Medford
- Subdivision: West Walnut Park Addition
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2024 | Sold | $390,000+0.8%$224/sqft |
Source:  Oregon Datashare #220171521 Report a problem | ||
| 1/25/2024 | Pending sale | $387,000$222/sqft |
Source: Oregon Datashare #220171521 Report a problem | ||
| 9/20/2023 | Listed for sale | $387,000+453.6%$222/sqft |
Source: Oregon Datashare #220171521 Report a problem | ||
| 10/22/2009 | Listing removed | $69,900$40/sqft |
Source: Windermere/Investors Marketplace, Inc. #2905548 Report a problem | ||
| 9/24/2009 | Listed for sale | $69,900+39.8%$40/sqft |
Source: Windermere/Investors Marketplace, Inc. #2905425 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,554 +3.2% | $171,000 +3% |
| 2023 | $2,476 +2.5% | $166,020 |
| 2022 | $2,416 +2.7% | $166,020 +3% |
Find assessor info on the county website
Neighborhood: 97501
Nearby schools
GreatSchools rating
- 2/10Oak Grove Elementary SchoolGrades: K-6Distance: 1 mi
- 2/10Mcloughlin Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 1.2 mi
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Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$409,000
2% more
+$8,180
With Zillow Showcase(estimated)
$417,180
- Oregon
- Jackson County
- Medford
- 97501
- 31 Chestnut St