This fully rented 4-plex offers a great cash flow opportunity with a total gross income of $4,647.00 per month. The property consists of two studios and two 2-bedroom, 1-bath units, all of which are currently occupied, ensuring immediate rental income. With ample potential for future growth and value-add opportunities, this property is an excellent investment. Located in a prime area near the Rogue Valley Mall, tenants enjoy easy access to shopping, dining, and entertainment. The property is also close to Trader Joe's, a local theater, and other convenient amenities, making it a highly desirable location for renters. This is an ideal investment for those seeking a steady income stream with long-term potential. Schedule your showing today!
Closed
$500,000
251 Beatty St, Medford, OR 97501
4beds
2,170sqft
Quadruplex, Multi Family
Built in 1977
-- sqft lot
$502,900 Zestimate®
$230/sqft
$1,673 Estimated rent
Home value
$502,900
$453,000 - $558,000
$1,673/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
eXp Realty, LLC
Source: Oregon Datashare,MLS#: 220199081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
Heating
- Baseboard, Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Cooktop, Dishwasher, Dryer, Oven
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,170
- Total interior livable area: 2,170 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Neighborhood, Territorial
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 10391375
- Zoning description: C-C
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex, Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $230/sqft
- Tax assessed value: $484,900
- Annual tax amount: $4,025
- Date on market: 4/8/2025
- Cumulative days on market: 36 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $500,000-7.4%$230/sqft |
Source:  Oregon Datashare #220199081 Report a problem | ||
| 5/15/2025 | Pending sale | $539,900$249/sqft |
Source:  RMLS (OR) #681638157 Report a problem | ||
| 4/22/2025 | Price change | $539,900-1.8%$249/sqft |
Source: Oregon Datashare #220199081 Report a problem | ||
| 4/8/2025 | Listed for sale | $550,000+34.1%$253/sqft |
Source: Oregon Datashare #220199081 Report a problem | ||
| 4/9/2021 | Sold | $410,000-6.6%$189/sqft |
Source: Agent Provided Report a problem | ||
| 2/10/2021 | Pending sale | $439,000$202/sqft |
Source: Oregon Datashare #220112889 Report a problem | ||
| 2/2/2021 | Price change | $439,000-2.4%$202/sqft |
Source: Oregon Datashare #220112889 Report a problem | ||
| 11/23/2020 | Listed for sale | $450,000+83.7%$207/sqft |
Source: John L. Scott Medford #220112889 Report a problem | ||
| 7/28/2016 | Sold | $245,000-9.2%$113/sqft |
Source: Public Record Report a problem | ||
| 6/3/2016 | Listed for sale | $269,900-5.3%$124/sqft |
Source: RE/MAX Ideal Brokers, Inc. #2965915 Report a problem | ||
| 4/9/2015 | Listing removed | $285,000$131/sqft |
Source: Finish Line Real Estate, LLC #2946149 Report a problem | ||
| 5/7/2014 | Price change | $285,000-3.4%$131/sqft |
Source: Finish Line Real Estate, LLC #2946149 Report a problem | ||
| 4/22/2014 | Listed for sale | $295,000+115.5%$136/sqft |
Source: Finish Line Real Estate, LLC #2946149 Report a problem | ||
| 1/11/2002 | Sold | $136,900$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,026 +5.3% | $263,930 +3% |
| 2023 | $3,822 +2.5% | $256,250 |
| 2022 | $3,729 +2.7% | $256,250 +3% |
| 2021 | $3,632 +2.2% | $248,790 +6.1% |
| 2020 | $3,555 +2.4% | $234,520 +3% |
| 2019 | $3,471 | $227,690 +3% |
| 2018 | $3,471 +2.6% | $221,060 |
| 2017 | $3,382 +1.8% | $221,060 +6.1% |
| 2016 | $3,321 -0.7% | $208,380 |
| 2015 | $3,343 +4% | $208,380 +6.1% |
| 2014 | $3,214 +15.7% | $196,430 +11.1% |
| 2013 | $2,777 +11% | $176,790 +8% |
| 2012 | $2,501 -5.6% | $163,680 -3.8% |
| 2011 | $2,650 +8.5% | $170,150 +9.5% |
| 2010 | $2,443 -19.3% | $155,320 -18.6% |
| 2009 | $3,025 +2.5% | $190,740 +3% |
| 2008 | $2,950 +3.9% | $185,190 +3% |
| 2007 | $2,839 +11.9% | $179,800 +3% |
| 2006 | $2,538 +3.5% | $174,570 +3% |
| 2005 | $2,452 +2.1% | $169,490 +3% |
| 2004 | $2,401 +7.5% | $164,560 +7.9% |
| 2003 | $2,233 | $152,470 |
Find assessor info on the county website
Neighborhood: 97501
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Nearby schools
GreatSchools rating
- 2/10Jackson Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10McLoughlin Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 2.2 mi
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- Oregon
- Jackson County
- Medford
- 97501
- 251 Beatty St
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