If you are looking for that stable investment with great potential, here is it! One unit is 3 bedroom and one bath. The other unit is 2 bedrooms and one bath. The kindhearted owner has not raised rent in 5 years, but the long-term tenants would love to stay. The asking price reflects the current condition. This location is close to Asante, schools and has bus service on Juanipero. This is a bargain priced to sell quickly.
Closed
$350,000
1001 Olympic Ave, Medford, OR 97504
5beds
2,072sqft
Duplex, Multi Family
Built in 1972
-- sqft lot
$350,700 Zestimate®
$169/sqft
$1,790 Estimated rent
Home value
$350,700
$316,000 - $389,000
$1,790/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
John L. Scott Medford 541-779-3611
Bought with:
Coldwell Banker Cutting Edge
Source: Oregon Datashare,MLS#: 220196883
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Radiant
Cooling
- None
Appliances
- Included: Range, Water Heater
Features
- Linen Closet, Shower/Tub Combo, Tile Shower
- Flooring: Carpet, Vinyl
- Windows: Aluminum Frames, Storm Window(s)
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,072
- Total interior livable area: 2,072 sqft
Property
Parking
- Parking features: Concrete, Driveway, No Garage
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Fencing: Fenced
Lot
- Size: 10,018 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 10023622
- Zoning description: SFR-10
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Montcrest Villa
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $388,050
- Annual tax amount: $2,398
- Date on market: 3/6/2025
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional
- Inclusions: 2 Ranges, 1 Refrig
- Exclusions: W/D's & Tenants Property
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listing removed | $1,795$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2026 | Price change | $1,795-10%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/9/2026 | Price change | $1,995-3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/3/2026 | Price change | $2,070-1.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/22/2026 | Listed for rent | $2,095$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2025 | Sold | $350,000-6.7%$169/sqft |
Source:  Oregon Datashare #220196883 Report a problem | ||
| 3/24/2025 | Pending sale | $375,000$181/sqft |
Source: Oregon Datashare #220196883 Report a problem | ||
| 3/6/2025 | Listed for sale | $375,000+167.9%$181/sqft |
Source: Oregon Datashare #220196883 Report a problem | ||
| 7/22/2002 | Sold | $140,000$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,476 +3.3% | $165,440 +3% |
| 2023 | $2,398 +2.7% | $160,630 |
| 2022 | $2,335 +2.4% | $160,630 +3% |
| 2021 | $2,281 +2.9% | $155,960 +6.1% |
| 2020 | $2,216 +2.7% | $147,010 +3% |
| 2019 | $2,158 | $142,730 +3% |
| 2018 | $2,158 +3% | $138,580 |
| 2017 | $2,095 +6.1% | $138,580 +6.1% |
| 2016 | $1,975 -0.2% | $130,640 |
| 2015 | $1,978 +4% | $130,640 +6.1% |
| 2014 | $1,902 +11.3% | $123,150 +3% |
| 2013 | $1,709 +5.8% | $119,570 +5% |
| 2012 | $1,615 -2.7% | $113,880 -2.1% |
| 2011 | $1,660 +1.8% | $116,270 +3% |
| 2010 | $1,631 +2.6% | $112,890 +3% |
| 2009 | $1,590 +3.3% | $109,610 +3% |
| 2008 | $1,540 +2% | $106,420 +3% |
| 2007 | $1,510 -0.8% | $103,330 +3% |
| 2006 | $1,522 +1.4% | $100,330 +3% |
| 2005 | $1,501 +0.8% | $97,410 +3% |
| 2004 | $1,489 +1.8% | $94,580 +3% |
| 2003 | $1,462 | $91,830 |
Find assessor info on the county website
Neighborhood: 97504
Nearby homes
- $353,9002 bd1 ba1k sqft3100 Juanipero Way, Medford, OR 97504Off Market
- $361,1003 bd1 ba988 sqft1007 Olympic Ave, Medford, OR 97504Off Market
- $321,7003 bd1 ba988 sqft1009 Olympic Ave, Medford, OR 97504Off Market
- $354,1003 bd1 ba988 sqft1013 Olympic Ave, Medford, OR 97504Off Market
- $1,5002 bd1 ba924 sqft3101 Juanipero Way, Medford, OR 97504For Rent
- $153,7004 bd2 ba2k sqftOlympic Ave, Medford, OR 97504Off Market
- $--3 bd1 ba1k sqft912-914 Olympic Ave #912, Medford, OR 97504Off Market
- $394,1003 bd1 ba1k sqft925 Olympic Ave, Medford, OR 97504Off Market
Nearby schools
GreatSchools rating
- 5/10Orchard Hill Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Talent Middle SchoolGrades: 6-8Distance: 5.2 mi
- 6/10Phoenix High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Orchard Hill Elem
- Middle: Talent Middle
- High: Phoenix 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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- Oregon
- Jackson County
- Medford
- 97504
- 1001 Olympic Ave
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