Great little money maker with instant income! Single level, ranch style duplex with a brand NEW roof located within minutes of schools, shopping, parks and transit lines. Unit 1 includes 2 bedrooms and 1 bath with NEW laminate floors throughout, dedicated laundry room, large kitchen open to the living area, newly painted bathroom & individual storage shed. Both units have long-term renters and include concrete side yards that lead to dedicated, paved parking spaces. Unit 2 is a well-situated 1 bed 1 bath with a spacious kitchen, living room & dedicated laundry closet. Seller is offering a $8,000 credit for exterior paint, with an acceptable offer at close of escrow. Don't miss the opportunity to own this fantastic investment property!
Closed
$317,000
720 Cedar St, Medford, OR 97501
3beds
0baths
1,600sqft
Duplex, Multi Family
Built in 1998
-- sqft lot
$347,400 Zestimate®
$198/sqft
$1,588 Estimated rent
Home value
$347,400
$330,000 - $365,000
$1,588/mo
Zestimate® history
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$1,842/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: November 07, 2024 at 07:32pm
Listed by:
John L. Scott Medford 541-944-3338
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220173485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 0
- Full bathrooms: 2
Heating
- Baseboard, Electric, Natural Gas, Wall Furnace
Cooling
- None
Appliances
- Included: Oven, Range, Refrigerator
Features
- Linen Closet, Shower/Tub Combo, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Windows: Vinyl Frames
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: Alley Access, Asphalt, Concrete, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood, Territorial
Lot
- Size: 3,920 sqft
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 10390387
- Zoning description: SFR-10
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Northwest
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Medford
- Subdivision: Narregans Addition
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/25/2024 | Listed for rent | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/29/2023 | Sold | $317,000+2.3%$198/sqft |
Source:  Oregon Datashare #220173485 Report a problem | ||
| 11/11/2023 | Pending sale | $310,000$194/sqft |
Source: Oregon Datashare #220173485 Report a problem | ||
| 11/2/2023 | Listed for sale | $310,000+59.3%$194/sqft |
Source: Oregon Datashare #220173485 Report a problem | ||
| 10/22/2004 | Sold | $194,600+55.1%$122/sqft |
Source: Public Record Report a problem | ||
| 2/28/2002 | Sold | $125,500+14.2%$78/sqft |
Source: Public Record Report a problem | ||
| 10/12/2000 | Sold | $109,900$69/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,835 +3.2% | $189,780 +3% |
| 2023 | $2,748 +2.5% | $184,260 |
| 2022 | $2,681 +2.7% | $184,260 +3% |
| 2021 | $2,612 +2.2% | $178,900 +6.1% |
| 2020 | $2,557 +2.4% | $168,640 +3% |
| 2019 | $2,496 | $163,730 +3% |
| 2018 | $2,496 +2.6% | $158,970 |
| 2017 | $2,432 +1.8% | $158,970 +6.1% |
| 2016 | $2,388 -0.7% | $149,850 +3% |
| 2015 | $2,404 +4.5% | $145,490 +1.7% |
| 2014 | $2,301 +20.5% | $143,080 +17.7% |
| 2013 | $1,910 +10.3% | $121,600 +7.2% |
| 2012 | $1,732 -5.5% | $113,380 -3.7% |
| 2011 | $1,833 -3.7% | $117,700 -2.7% |
| 2010 | $1,903 -13.6% | $121,000 -12.9% |
| 2009 | $2,203 +2.5% | $138,920 +3% |
| 2008 | $2,149 +3.9% | $134,880 +3% |
| 2007 | $2,068 +11.9% | $130,960 +3% |
| 2006 | $1,848 +3.5% | $127,150 +3% |
| 2005 | $1,786 +2.1% | $123,450 +3% |
| 2004 | $1,749 +2.6% | $119,860 +3% |
| 2003 | $1,704 | $116,370 +2% |
| 2002 | -- | $114,120 |
Find assessor info on the county website
Neighborhood: 97501
Nearby schools
GreatSchools rating
- 2/10Jackson Elementary SchoolGrades: K-6Distance: 0.3 mi
- 2/10Mcloughlin Middle SchoolGrades: 6-8Distance: 0.2 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 1.9 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.
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$354,348
- Oregon
- Jackson County
- Medford
- 97501
- 720 Cedar St