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    • $600,000

    3040 Sheraton Ct, Medford, OR 97504

    10beds
    4,752sqft
    Quadruplex, Multi Family
    Built in 1994
    -- sqft lot
    $600,500 Zestimate®
    $126/sqft
    $1,769 Estimated rent

    Home value

    $600,500

    $546,000 - $661,000

    $1,769/mo

    Zestimate® history
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    What's special

    Outstanding Turnkey Investment Awaits! This well maintained 4 Plex offers an exceptional opportunity for investors seeking a prime income generating property currently collecting $3,890 in gross monthly rental income. With 3 units currently occupied and 1 unit vacant this property creates a fantastic combination of stability and low maintenance management while also presenting future upside potential for rent increases. Spacious and thoughtfully designed combination of two 2 Bed, 1.5 Bath units and two 3 Bed, 2 Bath units ensuring a comfortable living space for tenants. The property's strategic location puts it within close proximity to shopping, dining, public transit, and major highways. Whether you are acquiring your first income property or an experienced investor looking to expand your portfolio this is an opportunity you won't want to miss! Schedule your private tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    RE/MAX Integrity 541-770-3325

    Bought with:

    More Realty

    Source: Oregon Datashare,MLS#: 220213756MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
    Features
    • Breakfast Bar, Laminate Counters, Linen Closet, Shower/Tub Combo, Vaulted Ceiling(s)
    • Flooring: Carpet, Vinyl
    • Windows: Double Pane Windows, Vinyl Frames
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,752
    • Total interior livable area: 4,752 sqft

    Property

    Parking
    • Parking features: Assigned, Concrete, Detached Carport, Parking Lot
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Porch, Deck
    Lot
    • Size: 3,920 Square Feet
    • Features: Drip System, Landscaped, Sprinklers In Front, Sprinklers In Rear
    Details
    • Parcel number: 10844755
    • Zoning description: Mfr-20
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    • Subdivision: Sheraton Park
    HOA
    • Has HOA: Yes
    • Amenities included: Landscaping, Trash, Water
    • HOA fee: $775 monthly
    Location
    • Region: Medford

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $887,110
    • Annual tax amount: $6,914
    • Date on market: 1/14/2026
    • Cumulative days on market: 26 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Exclusions: Tenant Property

    Price history

    DateEventPrice
    8/6/2026Listing removed$1,750
    Source: Zillow Rentals Report a problem
    6/24/2026Listed for rent$1,750+133.3%
    Source: Zillow Rentals Report a problem
    2/20/2026Sold$600,000-13.7%$126/sqft
    Source: Oregon Datashare #220213756 Report a problem
    2/9/2026Pending sale$695,000$146/sqft
    Source: Oregon Datashare #220213756 Report a problem
    1/26/2026Price change$695,000-2.8%$146/sqft
    Source: Oregon Datashare #220213756 Report a problem
    1/14/2026Listed for sale$715,000-8.3%$150/sqft
    Source: Oregon Datashare #220213756 Report a problem
    5/28/2025Listing removed$780,000$164/sqft
    Source: Oregon Datashare #220198294 Report a problem
    5/1/2025Listed for sale$780,000$164/sqft
    Source: Oregon Datashare #220198294 Report a problem
    4/16/2025Pending sale$780,000$164/sqft
    Source: Oregon Datashare #220198294 Report a problem
    3/28/2025Listed for sale$780,000$164/sqft
    Source: Oregon Datashare #220198294 Report a problem
    6/18/2014Listing removed$750
    Source: CPM Real Estate Services Report a problem
    6/14/2014Listed for rent$750-6.3%
    Source: CPM Real Estate Services Report a problem
    6/3/2011Listing removed$800
    Source: CPM Real Estate Services Report a problem
    4/16/2011Listed for rent$800
    Source: CPM Real Estate Services Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,770 +3.2%$453,200 +3%
    2023$6,562 +2.5%$440,000
    2022$6,402 +2.7%$440,000 +3%
    2021$6,237 +2.2%$427,190 +6.1%
    2020$6,105 +2.4%$402,670 +3%
    2019$5,960 $390,950 +3%
    2018$5,960 +2.6%$379,570
    2017$5,808 +1.8%$379,570 +6.1%
    2016$5,703 -0.7%$357,790
    2015$5,740 +4%$357,790 +6.1%
    2014$5,518 +12.4%$337,260 +7.9%
    2013$4,909 +9.1%$312,510 +6.1%
    2012$4,501 -5.7%$294,580 -3.9%
    2011$4,771 -7.9%$306,390 -6.4%
    2010$5,180 +2.7%$327,440 +3%
    2009$5,042 +2.5%$317,910 +3%
    2008$4,917 +3.9%$308,660 +3%
    2007$4,732 +11.9%$299,670 +3%
    2006$4,229 +3.5%$290,950 +3%
    2005$4,087 +2.1%$282,480 +3%
    2004$4,002 +2.4%$274,260 +3%
    2003$3,908 $266,280
    Find assessor info on the county website

    Neighborhood: 97504

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