Active

$895,000

2361 Kings Hwy, Medford, OR 97501

5beds

2,565sqft

Get pre-qualified

Multi Family

Built in ----

-- sqft lot

$838,800 Zestimate^®

$349/sqft

$-- HOA

What's special

Attention investors or those looking for a multi-generational set up with acreage! Two homes situated on 2.73 acres in Southwest Medford zoned SFR-00, make this an attractive property with development potential. 2361 Kings Hwy, is a 3 bedroom, 2 bath home with 1332 sq. feet and was built in 1930. 2375 Kings Hwy, is 2 bedroom, 2 bath Platinum Earth Advantage home with 1233 sq. feet and built in 2009. Also included is an oversized two car detached garage with storage/shop space, city services and MID irrigation rights. Possible 16-30 dwelling units, buyers to check with the City of Medford regarding future development.

121 days

205

7

Loading...

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Other

Cooling

Other

Features

Flooring: Other
Basement: None
Has fireplace: No
Common walls with other units/homes: No Common Walls,No One Above,No One Below

Interior area

Total structure area: 2,565
Total interior livable area: 2,565 sqft

Property

Parking

Parking features: Detached, Driveway, Garage Door Opener, Gated, Workshop in Garage
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Fencing: Fenced
Has view: Yes
View description: Mountain(s), Territorial

Lot

Size: 2.73 Acres
Features: Corner Lot, Landscaped, Level, Pasture

Details

Parcel number: 10453881
Zoning description: Sfr-00
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow,Contemporary
Property subtype: Multi Family

Materials

Frame
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Security System Owned

HOA

Has HOA: No

Location

Region: Medford

Financial & listing details

Price per square foot: $349/sqft
Tax assessed value: $1,028,920
Annual tax amount: $3,988
Date on market: 3/20/2026
Cumulative days on market: 121 days
Listing terms: Cash,Conventional
Inclusions: 2361: Range/Oven, DW, Ref, 2375: Cooktop, Oven, DW, Ref, GDO, Solar Panels
Exclusions: Tenant's property
Road surface type: Paved

Estimated market value

$838,800

$797,000 - $881,000

$1,574/mo

Price history

Date	Event	Price
3/27/2026	Price change	$895,000-5.8%$349/sqft
Source: Oregon Datashare #220217527 Report a problem
1/26/2026	Listed for sale	$950,000$370/sqft
Source: Oregon Datashare #220214263 Report a problem
11/7/2023	Listing removed	--
Source: Zillow Rentals Report a problem
9/20/2023	Listed for rent	$1,995$1/sqft
Source: Zillow Rentals Report a problem
7/1/2023	Listing removed	--
Source: Zillow Rentals Report a problem
4/28/2023	Price change	$1,995-9.3%$1/sqft
Source: Zillow Rentals Report a problem
4/5/2023	Listed for rent	$2,200+48.1%$1/sqft
Source: Zillow Rentals Report a problem
4/5/2019	Listing removed	$1,485$1/sqft
Source: My Favorite Property Managers Report a problem
3/5/2019	Price change	$1,485-0.7%$1/sqft
Source: My Favorite Property Managers Report a problem
2/20/2019	Price change	$1,495-6.3%$1/sqft
Source: My Favorite Property Managers Report a problem
1/29/2019	Listed for rent	$1,595$1/sqft
Source: My Favorite Property Managers Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,905 +3.2%	$261,400 +3%
2023	$3,785 +2.5%	$253,790
2022	$3,693 +2.7%	$253,790 +3%
2021	$3,597 +2.2%	$246,400 +6.1%
2020	$3,521 +2.4%	$232,270 +3%
2019	$3,438	$225,510 +3%
2018	$3,438 +2.6%	$218,950
2017	$3,350 +1.8%	$218,950 +6.1%
2016	$3,290 -0.7%	$206,390
2015	$3,311 +4%	$206,390 +27.1%
2014	$3,183 +29.2%	$162,400 +3%
2013	$2,464 +3.5%	$157,670 +3%
2012	$2,380 +2.2%	$153,080 +3%
2011	$2,329 +2%	$148,630 +3%
2010	$2,283 +42.4%	$144,310 +42.7%
2009	$1,604 +2.5%	$101,120 +3%
2008	$1,564 +3.9%	$98,180 +3%
2007	$1,505 +44.9%	$95,330 +3%
2006	$1,039 +9.2%	$92,570 +9.2%
2005	$951 +4.2%	$84,790 +3.2%
2004	$913 +3.9%	$82,170 +3%
2003	$878	$79,780

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 97501

Getting around

22 / 100

Car-Dependent

18 / 100

Minimal Transit

32 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Griffin Creek Elementary School
Grades: K-5Distance: 1.6 mi
2/10
Mcloughlin Middle School
Grades: 6-8Distance: 2.2 mi
6/10
South Medford High School
Grades: 9-12Distance: 1 mi

Schools provided by the listing agent

Elementary: Griffin Creek 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.