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  • $409,900

    502 Benson St, Medford, OR 97501

    4beds
    1,384sqft
    : 
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    Duplex, Multi Family
    Built in 1946
    -- sqft lot
    $387,400 Zestimate®
    $296/sqft
    $-- HOA

    What's special

    This unique property features two separate bungalow-style homes on one lot, each with private entrances and no shared walls—ideal for families or investors. Both homes have been fully remodeled with fresh paint, new flooring, and updated kitchens with modern countertops and cabinets. The first unit is 640 sq. ft., 2 bed/1 bath, currently rented at $1,200/month with a lease through 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Recent updates include tree pruning to meet insurance requirements, new weed control, and fresh bark in the front yard. Conveniently located near schools, transit, medical care, and shopping, this property offers flexibility and income potential. A fantastic opportunity for a homeowner seeking rental income or an investor looking for steady returns!
    648 days
    |
    218
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Real Broker 855-450-0442

    Source: Oregon Datashare,MLS#: 220195703MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Ductless
      Cooling
      • Ductless
      Features
      • Flooring: Laminate
      • Basement: None
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 1,384
      • Total interior livable area: 1,384 sqft

      Property

      Parking
      • Parking features: Detached
      Features
      • Levels: One
      • Stories: 1
      • Fencing: Fenced
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 5,662 Square Feet
      Details
      • Parcel number: 10407508
      • Zoning description: Sfr-10
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Duplex, Multi Family
      Materials
      • Frame
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1946

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Oakgrove Addition
      HOA
      • Has HOA: No
      Location
      • Region: Medford

      Financial & listing details

      • Price per square foot: $296/sqft
      • Tax assessed value: $286,620
      • Annual tax amount: $1,960
      • Date on market: 1/1/2026
      • Cumulative days on market: 648 days
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $387,400

        $368,000 - $407,000

        $1,706/mo

        Price history

        DateEventPrice
        1/2/2026Price change$409,900-1.4%$296/sqft
        Source: Oregon Datashare #220195703 Report a problem
        9/22/2025Price change$415,900-1%$301/sqft
        Source: Oregon Datashare #220195703 Report a problem
        3/10/2025Price change$419,900-2.3%$303/sqft
        Source: Oregon Datashare #220195703 Report a problem
        2/12/2025Listed for sale$429,900$311/sqft
        Source: Oregon Datashare #220195703 Report a problem
        2/3/2025Listing removed$429,900$311/sqft
        Source: Oregon Datashare #220190751 Report a problem
        10/28/2024Listed for sale$429,900+75.5%$311/sqft
        Source: Oregon Datashare #220190751 Report a problem
        1/26/2024Listing removed--
        Source: Zillow Rentals Report a problem
        12/14/2023Listed for rent$1,295-4.1%$1/sqft
        Source: Zillow Rentals Report a problem
        3/2/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/16/2023Listed for rent$1,350$1/sqft
        Source: Zillow Rentals Report a problem
        3/10/2021Sold$245,000$177/sqft
        Source: Oregon Datashare #220113370 Report a problem
        2/2/2021Pending sale$245,000$177/sqft
        Source: Oregon Datashare #220113370 Report a problem
        1/23/2021Listed for sale$245,000$177/sqft
        Source: Oregon Datashare #220113370 Report a problem
        1/13/2021Pending sale$245,000$177/sqft
        Source: Oregon Datashare #220113370 Report a problem
        1/13/2021Listed for sale$245,000$177/sqft
        Source: Oregon Datashare #220113370 Report a problem
        1/13/2021Pending sale$245,000$177/sqft
        Source: John L. Scott Medford #220113370 Report a problem
        1/9/2021Price change$245,000-5.8%$177/sqft
        Source: John L. Scott Medford #220113370 Report a problem
        1/5/2021Price change$260,000+4%$188/sqft
        Source: John L. Scott Medford #220113370 Report a problem
        12/7/2020Pending sale$250,000$181/sqft
        Source: John L. Scott Medford #220113370 Report a problem
        12/4/2020Listed for sale$250,000+0.4%$181/sqft
        Source: John L. Scott Medford #220113370 Report a problem
        9/19/2020Listing removed$249,000$180/sqft
        Source: John L. Scott Medford #220100627 Report a problem
        5/7/2020Listed for sale$249,000+81.8%$180/sqft
        Source: John L. Scott Medford #220100627 Report a problem
        8/23/2015Listing removed$137,000$99/sqft
        Source: John L Scott Real Estate #2954199 Report a problem
        3/26/2015Listed for sale$137,000+69.1%$99/sqft
        Source: John L Scott #2954199 Report a problem
        10/24/1997Sold$81,000$59/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,960 +3.2%$131,240 +3%
        2023$1,900 +2.5%$127,420
        2022$1,854 +2.7%$127,420 +3%
        2021$1,806 +2.2%$123,710 +6.1%
        2020$1,768 +2.4%$116,620 +3%
        2019$1,726 $113,230 +3%
        2018$1,726 +2.6%$109,940
        2017$1,682 +1.8%$109,940 +6.1%
        2016$1,652 -0.7%$103,640
        2015$1,663 +4%$103,640 +6.1%
        2014$1,598 +18.8%$97,700 +14%
        2013$1,345 +11.6%$85,670 +8.5%
        2012$1,206 -9.1%$78,940 -7.3%
        2011$1,327 -11.6%$85,190 -10.2%
        2010$1,501 +2.7%$94,860 +3%
        2009$1,461 +2.5%$92,100 +3%
        2008$1,425 +3.9%$89,420 +3%
        2007$1,371 +11.9%$86,820 +3%
        2006$1,225 +3.5%$84,300 +3%
        2005$1,184 +2.1%$81,850 +3%
        2004$1,160 +2.4%$79,470 +3%
        2003$1,132 $77,160

        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.
        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.

        Climate risks

        Neighborhood: 97501

        Getting around

        44 / 100
        Car-Dependent
        23 / 100
        Minimal Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Washington 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.

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