Investment opportunity with a rare 7% cap rate near restaurants, businesses, and schools. Both units are 2 beds, 1 bath, and fully REMODELED and come with a 2-car garage each. each unit collects $1,575 per month. This property was stripped down to the studs and remodeled inside and out. New wiring, plumbing, insulation, drywall, paint, flooring, fixtures, roof, appliances, and much more! Each unit has a private patio and small fenced area, plus a low maintenance, fenced communal yard in front. Zoned for 2 additional units, this has even further development potential!
Closed
$463,500
622 Hamilton St, Medford, OR 97501
4beds
1,728sqft
Duplex, Multi Family
Built in 1977
-- sqft lot
$462,000 Zestimate®
$268/sqft
$1,791 Estimated rent
Home value
$462,000
$416,000 - $513,000
$1,791/mo
Zestimate® history
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$2,758/mo
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List your homeWhat's special
Private backyardLarge shared front yardBrand new pvc roofNew plumbingHard scaping
Zillow last checked:
Listing updated:
Listed by:
RE/MAX Integrity 541-770-3325
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220186998
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
Features
- Ceiling Fan(s), Granite Counters, Shower/Tub Combo
- Flooring: Laminate
- Windows: Double Pane Windows
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
Property
Parking
- Parking features: Alley Access, Assigned, Detached, Driveway, On Street, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Courtyard
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood, Territorial
Lot
- Size: 6,969 sqft
- Features: Corner Lot, Landscaped, Level
Details
- Additional structures: Kennel/Dog Run
- Parcel number: 10408454
- Zoning description: SFR-10
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, 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 & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Medford
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/6/2025 | Sold | $463,500+3%$268/sqft |
Source:  Oregon Datashare #220186998 Report a problem | ||
| 1/8/2025 | Pending sale | $450,000$260/sqft |
Source: Oregon Datashare #220186998 Report a problem | ||
| 1/6/2025 | Listed for sale | $450,000-11.7%$260/sqft |
Source: Oregon Datashare #220186998 Report a problem | ||
| 12/30/2024 | Listing removed | $509,900$295/sqft |
Source: Oregon Datashare #220186998 Report a problem | ||
| 11/4/2024 | Price change | $509,900-5%$295/sqft |
Source: Oregon Datashare #220186998 Report a problem | ||
| 9/9/2024 | Price change | $536,999-0.6%$311/sqft |
Source: Oregon Datashare #220186998 Report a problem | ||
| 7/24/2024 | Listed for sale | $540,000+55.6%$313/sqft |
Source: Oregon Datashare #220186998 Report a problem | ||
| 12/9/2022 | Sold | $347,000-3.6%$201/sqft |
Source: Oregon Datashare #220145520 Report a problem | ||
| 9/6/2022 | Pending sale | $359,900$208/sqft |
Source: Oregon Datashare #220145520 Report a problem | ||
| 6/1/2022 | Listed for sale | $359,900$208/sqft |
Source: Oregon Datashare #220145520 Report a problem | ||
| 5/31/2022 | Pending sale | $359,900$208/sqft |
Source: Oregon Datashare #220145520 Report a problem | ||
| 5/13/2022 | Listed for sale | $359,900+53.1%$208/sqft |
Source: Oregon Datashare #220145520 Report a problem | ||
| 4/18/2005 | Sold | $235,000+7.3%$136/sqft |
Source: Public Record Report a problem | ||
| 7/2/2004 | Sold | $219,000+84%$127/sqft |
Source: Public Record Report a problem | ||
| 7/18/2002 | Sold | $119,000+20.8%$69/sqft |
Source: Public Record Report a problem | ||
| 5/1/1998 | Sold | $98,500$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,805 +3.2% | $187,810 +3% |
| 2023 | $2,719 +2.5% | $182,340 |
| 2022 | $2,653 +2.7% | $182,340 +3% |
| 2021 | $2,585 +2.2% | $177,030 +6.1% |
| 2020 | $2,530 +2.4% | $166,880 +3% |
| 2019 | $2,470 | $162,020 +3% |
| 2018 | $2,470 +2.6% | $157,310 |
| 2017 | $2,407 +1.8% | $157,310 +6.1% |
| 2016 | $2,363 -0.7% | $148,290 |
| 2015 | $2,379 +4% | $148,290 +6.1% |
| 2014 | $2,287 +6.7% | $139,790 +3% |
| 2013 | $2,143 +6.5% | $135,720 +3% |
| 2012 | $2,013 -1.2% | $131,770 +1.3% |
| 2011 | $2,038 +2% | $130,060 +3% |
| 2010 | $1,998 +2.7% | $126,280 +3% |
| 2009 | $1,945 +2.5% | $122,610 +3% |
| 2008 | $1,896 +3.9% | $119,040 +3% |
| 2007 | $1,825 +11.9% | $115,580 +3% |
| 2006 | $1,631 +3.5% | $112,220 +3% |
| 2005 | $1,577 +2.1% | $108,960 +3% |
| 2004 | $1,544 +2.4% | $105,790 +3% |
| 2003 | $1,507 | $102,710 |
Find assessor info on the county website
Neighborhood: 97501
Nearby schools
GreatSchools rating
- 4/10Washington Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Oakdale Middle SchoolGrades: 6-8Distance: 0.7 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 0.9 mi
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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- Oregon
- Jackson County
- Medford
- 97501
- 622 Hamilton St
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