Great investment opportunity in Central Point! This well-maintained townhome-style 4-plex features four 2-bedroom, 1-bath units, each offering functional layouts and strong rental demand. Recent exterior paint, updated windows and doors, and various upgrades over the years add to its appeal. The roof is approximately 15 years old, and one unit is currently vacant—perfect for owner-occupant or easy showings. Each unit rents for $1,250/month, providing solid income with potential for future rent growth. There may be an opportunity to add a fifth unit—buyer to perform due diligence with the city. Conveniently located near shopping, schools, and freeway access, this property is ideal for investors looking to expand their portfolio with a low-maintenance, income-producing asset in a growing Southern Oregon market. Don't miss this value-add multifamily with potential upside in Central Point!
Closed
$669,000
437 Ash St, Central Point, OR 97502
8beds
0baths
3,456sqft
Quadruplex, Multi Family, Townhouse
Built in 1976
7,840.8 Square Feet Lot
$681,200 Zestimate®
$194/sqft
$1,906 Estimated rent
Home value
$681,200
$620,000 - $749,000
$1,906/mo
Zestimate® history
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Owner options
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$1,906/mo
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Rent Zestimate®
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$3,911/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 04, 2025 at 10:40am
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220206908
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
- Full bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- Heat Pump
Appliances
- Included: Oven, Range, Water Heater
Features
- Flooring: Carpet
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall,2+ Common Walls,End Unit
Interior area
- Total structure area: 3,456
- Total interior livable area: 3,456 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: None
- Pool features: None
- Has view: Yes
- View description: Territorial
Lot
- Size: 7,840 sqft
- Features: Level
Details
- Parcel number: 10145976
- Zoning description: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Quadruplex, Multi Family, Townhouse
Materials
- Frame
- Foundation: Other
- Roof: Composition
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Central Point
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Listing removed | $1,295 |
Source: Zillow Rentals Report a problem | ||
| 10/31/2025 | Listed for rent | $1,295 |
Source: Zillow Rentals Report a problem | ||
| 9/4/2025 | Sold | $669,000-0.1%$194/sqft |
Source:  Oregon Datashare #220206908 Report a problem | ||
| 8/2/2025 | Pending sale | $669,900$194/sqft |
Source: Oregon Datashare #220206908 Report a problem | ||
| 8/1/2025 | Listed for sale | $669,900$194/sqft |
Source: Oregon Datashare #220206908 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,747 +3.3% | $277,190 +3% |
| 2023 | $4,594 +2.4% | $269,120 |
| 2022 | $4,487 +2.9% | $269,120 +3% |
Find assessor info on the county website
Neighborhood: 97502
Nearby schools
GreatSchools rating
- 5/10Central Point Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Scenic Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Crater Renaissance AcademyGrades: 9-12Distance: 0.7 mi
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- Oregon
- Jackson County
- Central Point
- 97502
- 437 Ash St