Tri-plex that is centrally located. Investor alert!!! Check out this 3 unit property that offers a large, fenced corner lot. Main unit is a 2 bedroom 1 bathroom home complete with a large living room, dining room and nice sized kitchen with lots of storage and a forced air, gas furnace. There is a laundry room just off the kitchen and a full basement to use how you see fit. The other 2 units are upstairs and each unit is a studio with a living room, kitchen and bathroom. Each upper unit offers large deck space outside. This charming property includes a large, fenced yard and there are 2 separate 1 car garages for all your storage needs. Rent out all 3, live in one and rent the others...tons of possibilities. Act fast, there aren't many properties like this one!
Closed
$290,000
225 Cottage St, Medford, OR 97504
2beds
1,948sqft
Triplex, Multi Family
Built in 1935
-- sqft lot
$351,700 Zestimate®
$149/sqft
$1,743 Estimated rent
Home value
$351,700
$324,000 - $380,000
$1,743/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Realty Services Team trista@myersteamreo.com
Bought with:
Realty Services Team
Source: Oregon Datashare,MLS#: 220181347
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
Heating
- Baseboard, Electric, Forced Air, Natural Gas, Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Carpet, Hardwood, Vinyl
- Windows: Aluminum Frames
- Basement: Partial
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,948
- Total interior livable area: 1,948 sqft
Property
Parking
- Parking features: Attached, Concrete, Detached, Driveway
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Fencing: Fenced
Lot
- Size: 4,791 Square Feet
- Features: Corner Lot, Landscaped
Details
- Additional parcels included: TL# 14990 is .02 acres for a total of 0.13 acres
- Parcel number: 10365275
- Zoning description: Mfr-20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex, Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Cottage Home Addition
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $399,340
- Annual tax amount: $2,951
- Date on market: 4/26/2024
- Cumulative days on market: 148 days
- Listing terms: Cash,Conventional
- Exclusions: Tenants personal property.
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2024 | Sold | $290,000-6.5%$149/sqft |
Source:  Oregon Datashare #220181347 Report a problem | ||
| 9/21/2024 | Pending sale | $310,000$159/sqft |
Source: Oregon Datashare #220181347 Report a problem | ||
| 7/22/2024 | Price change | $310,000-11.4%$159/sqft |
Source: Oregon Datashare #220181347 Report a problem | ||
| 6/21/2024 | Price change | $349,900-4.1%$180/sqft |
Source: Oregon Datashare #220181347 Report a problem | ||
| 5/29/2024 | Price change | $364,900-3.9%$187/sqft |
Source: Oregon Datashare #220181347 Report a problem | ||
| 4/26/2024 | Listed for sale | $379,900+199.1%$195/sqft |
Source: Oregon Datashare #220181347 Report a problem | ||
| 7/28/2000 | Sold | $127,000$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,045 +3.2% | $203,860 +3% |
| 2023 | $2,952 +2.5% | $197,930 |
| 2022 | $2,880 +2.7% | $197,930 +3% |
| 2021 | $2,806 +2.2% | $192,170 +6.1% |
| 2020 | $2,746 +2.4% | $181,150 +3% |
| 2019 | $2,682 | $175,880 +3% |
| 2018 | $2,682 +2.6% | $170,760 |
| 2017 | $2,613 +1.8% | $170,760 +6.1% |
| 2016 | $2,566 -0.7% | $160,970 |
| 2015 | $2,583 +4% | $160,970 +7.7% |
| 2014 | $2,482 +14.1% | $149,440 +7.8% |
| 2013 | $2,177 +11% | $138,580 +8% |
| 2012 | $1,960 -5.9% | $128,310 -4.1% |
| 2011 | $2,083 -12.5% | $133,730 -11.7% |
| 2010 | $2,381 +3.1% | $151,390 +3.9% |
| 2009 | $2,310 +2.5% | $145,660 +3% |
| 2008 | $2,253 +3.9% | $141,420 +3% |
| 2007 | $2,168 +11.9% | $137,310 +3% |
| 2006 | $1,938 +3.5% | $133,320 +3% |
| 2005 | $1,873 +2.1% | $129,440 +3% |
| 2004 | $1,834 +2.4% | $125,670 +3% |
| 2003 | $1,790 | $122,010 +3% |
| 2002 | -- | $118,460 |
| 2001 | -- | $118,460 +6.1% |
| 2000 | -- | $111,680 |
Find assessor info on the county website
Neighborhood: 97504
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Nearby schools
GreatSchools rating
- 5/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Hedrick Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10North Medford High SchoolGrades: 9-12Distance: 1.7 mi
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- Oregon
- Jackson County
- Medford
- 97504
- 225 Cottage St
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