Imagine owning a rental property that not only generates income but also offers the flexibility and independence of two separate units. Main House: 3-bedroom, 1-bathroom home has a newer oven and dishwasher. Guest House: A large studio with its own bathroom and kitchen, complete with washer and dryer hook-ups. Both units already produce income and were raised in April 2025 but can support future increases for current rental demand. Utilities: Each unit has its own parking area, electrical meter, and sewer line. There is a shared water line managed by Central Point Water Services. Both units have their own fenced yards, providing a safe and enjoyable outdoor area for tenants. This property not only meets the needs of today's renters but also positions you for future growth in a thriving rental market. Whether you're looking to build equity or generate passive income this property offers a financially responsible pathway to achieving your investment goals.
Closed
$360,000
431 N 5th St, Central Pt, OR 97502
3beds
2baths
1,748sqft
Single Family Residence
Built in 1953
7,840.8 Square Feet Lot
$360,600 Zestimate®
$206/sqft
$2,687 Estimated rent
Home value
$360,600
$325,000 - $400,000
$2,687/mo
Zestimate® history
Owner options
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$2,132/mo
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List your homeWhat's special
Own fenced yardsWasher and dryer hook-upsOwn parking areaNewer oven and dishwasher
Zillow last checked:
Listing updated:
Listed by:
John L. Scott Medford 541-779-3611
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220206099
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Geothermal
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Range, Refrigerator, Water Heater
Features
- Laminate Counters, Shower/Tub Combo
- Flooring: Carpet, Laminate
- Windows: Aluminum Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,244
- Total interior livable area: 1,748 sqft
Property
Parking
- Parking features: Alley Access, Detached Carport, Driveway, Gravel
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,840 sqft
- Features: Garden, Landscaped
Details
- Additional structures: Guest House
- Parcel number: 10139246
- Zoning description: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Central Pt
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Sold | $360,000$206/sqft |
Source:  Oregon Datashare #220206099 Report a problem | ||
| 10/13/2025 | Pending sale | $360,000$206/sqft |
Source: Oregon Datashare #220206099 Report a problem | ||
| 8/18/2025 | Price change | $360,000-4%$206/sqft |
Source: Oregon Datashare #220206099 Report a problem | ||
| 7/18/2025 | Listed for sale | $375,000+150.2%$215/sqft |
Source: Oregon Datashare #220206099 Report a problem | ||
| 11/24/2008 | Listing removed | $149,900$86/sqft |
Source: Keller Williams Realty #2809666 Report a problem | ||
| 11/6/2008 | Listed for sale | $149,900+45.5%$86/sqft |
Source: Keller Williams Realty #2809666 Report a problem | ||
| 6/30/1999 | Sold | $103,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,098 +3.3% | $180,890 +3% |
| 2023 | $2,998 +2.4% | $175,630 |
| 2022 | $2,928 +2.9% | $175,630 +3% |
| 2021 | $2,845 +3% | $170,520 +6.1% |
| 2020 | $2,762 +2.5% | $160,740 +3% |
| 2019 | $2,693 | $156,060 +3% |
| 2018 | $2,693 +3.1% | $151,520 |
| 2017 | $2,611 +2.6% | $151,520 +6.1% |
| 2016 | $2,546 +3% | $142,830 |
| 2015 | $2,472 +4.4% | $142,830 +6.1% |
| 2014 | $2,368 +10.7% | $134,640 +3% |
| 2013 | $2,139 -0.7% | $130,720 +0.3% |
| 2012 | $2,154 +3.4% | $130,350 +3% |
| 2011 | $2,083 +2.8% | $126,560 +3% |
| 2010 | $2,026 +0.7% | $122,880 +2.4% |
| 2009 | $2,013 -15.3% | $119,990 +3% |
| 2008 | $2,377 +8.5% | $116,500 +3% |
| 2007 | $2,191 +17% | $113,110 +3% |
| 2006 | $1,872 +2.9% | $109,820 +3% |
| 2005 | $1,819 +2.1% | $106,630 +3% |
| 2004 | $1,782 +1.4% | $103,530 +3% |
| 2003 | $1,757 | $100,520 |
Find assessor info on the county website
Neighborhood: 97502
Nearby schools
GreatSchools rating
- 5/10Jewett Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Scenic Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Crater Renaissance AcademyGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Elementary: Jewett Elem
- Middle: Scenic Middle
- High: Crater 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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$360,600
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$367,812
- Oregon
- Jackson County
- Central Point
- 97502
- 431 N 5th St
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