Excellent investment property offering strong income and solid returns! This 5-plex features four 1-bedroom, 1-bath units including a 1 bedroom, one bathroom studio, all refreshed with new flooring and paint—upstairs units completed in 2025 and downstairs units within the past three years. The exterior has brand new paint, enhancing curb appeal, and two private fenced back areas. A great opportunity for investors seeking a clean, updated, and income-producing property with long-term potential! Estimated Capitalization Rate @ 8.7%
Active
Price cut: $30K (1/27)
$495,000
427 N Grape St, Medford, OR 97501
4beds
0baths
2,582sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$490,700 Zestimate®
$192/sqft
$-- HOA
What's special
New paintNew flooringEnhancing curb appeal
- 171 days |
- 241 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Source: Oregon Datashare,MLS#: 220211171
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
- Full bathrooms: 2
Heating
- Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Carpet, Laminate, Vinyl
- Windows: Double Pane Windows
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,582
- Total interior livable area: 2,582 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Has view: Yes
- View description: Territorial
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 10393384
- Zoning description: MFR-20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Metal
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Summit Addition To The City Of Medford
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $192/sqft
- Annual tax amount: $3,600
- Date on market: 10/24/2025
- Cumulative days on market: 172 days
- Listing terms: Cash,Owner Will Carry
Estimated market value
$490,700
$466,000 - $515,000
$1,499/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/27/2026 | Price change | $495,000-5.7%$192/sqft |
Source:  Oregon Datashare #220211171 Report a problem | ||
| 12/3/2025 | Price change | $525,000-4.5%$203/sqft |
Source: Oregon Datashare #220211171 Report a problem | ||
| 10/24/2025 | Listed for sale | $550,000$213/sqft |
Source: Oregon Datashare #220211171 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Est. payment
$2,699/mo
Principal & interest
$2390
Property taxes
$309
More affordability tools
Climate risks
Neighborhood: 97501
Getting around
38 / 100
Some TransitNearby schools
GreatSchools rating
- 2/10Jackson Elementary SchoolGrades: K-6Distance: 0.5 mi
- 2/10Mcloughlin Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Jackson Elem
- Middle: McLoughlin Middle
- High: South Medford High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Jackson County
- Medford
- 97501
- 427 N Grape St
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