A well-kept duplex offering a strong cash flow. One unit features 3 bedrooms and 1 bathroom, while the other has 2 bedrooms and 1 bathroom, both with fenced backyards. Recent upgrades include new carpet and interior paint in both units. Each unit is equipped with washer and dryer hookups and an attached storage shed. Additionally, each unit has its own power meter. This property presents a fantastic investment opportunity. Conveniently situated near schools, shopping centers, restaurants, and transportation services.
Closed
$342,000
712 Palm St, Medford, OR 97501
5beds
1,950sqft
Duplex, Multi Family
Built in 1973
-- sqft lot
$368,400 Zestimate®
$175/sqft
$1,594 Estimated rent
Home value
$368,400
$350,000 - $387,000
$1,594/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Bought with:
Coldwell Banker Cutting Edge
Source: Oregon Datashare,MLS#: 220180202
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiant
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Oven, Washer, Water Heater
Features
- Primary Downstairs
- Flooring: Carpet, Vinyl
- Windows: Aluminum Frames, Double Pane Windows
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,950
- Total interior livable area: 1,950 sqft
Property
Parking
- Parking features: Concrete, On Street
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,227 Square Feet
- Features: Level
Details
- Parcel number: 10400002
- Zoning description: Sfr-10
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Wolter Addition To Medford
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $175/sqft
- Tax assessed value: $317,960
- Annual tax amount: $2,168
- Date on market: 4/10/2024
- Cumulative days on market: 57 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: WD tenants, personal property
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Sold | $342,000-5%$175/sqft |
Source:  Oregon Datashare #220180202 Report a problem | ||
| 6/7/2024 | Pending sale | $360,000$185/sqft |
Source: Oregon Datashare #220180202 Report a problem | ||
| 6/7/2024 | Price change | $360,000-4%$185/sqft |
Source: Oregon Datashare #220180202 Report a problem | ||
| 4/23/2024 | Price change | $375,000-2.6%$192/sqft |
Source: Oregon Datashare #220180202 Report a problem | ||
| 4/10/2024 | Listed for sale | $385,000+544.5%$197/sqft |
Source: Oregon Datashare #220180202 Report a problem | ||
| 7/8/2003 | Sold | $59,732$31/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,237 +3.2% | $149,750 +3% |
| 2023 | $2,168 +2.5% | $145,390 |
| 2022 | $2,116 +2.7% | $145,390 +3% |
| 2021 | $2,061 +2.2% | $141,160 +6.1% |
| 2020 | $2,017 +2.4% | $133,060 +3% |
| 2019 | $1,970 | $129,190 +3% |
| 2018 | $1,970 +2.6% | $125,430 |
| 2017 | $1,919 +1.8% | $125,430 +6.1% |
| 2016 | $1,885 -0.7% | $118,240 |
| 2015 | $1,897 +4% | $118,240 +6.1% |
| 2014 | $1,823 +7.3% | $111,460 +3% |
| 2013 | $1,700 +10.1% | $108,220 +7.1% |
| 2012 | $1,544 -5.6% | $101,070 -3.8% |
| 2011 | $1,637 -1.3% | $105,090 -0.3% |
| 2010 | $1,657 -1.9% | $105,390 -1% |
| 2009 | $1,689 +2.5% | $106,500 +3% |
| 2008 | $1,647 +3.9% | $103,400 +3% |
| 2007 | $1,585 +11.9% | $100,390 +3% |
| 2006 | $1,417 +3.5% | $97,470 +3% |
| 2005 | $1,369 +2.1% | $94,640 +3% |
| 2004 | $1,341 +2.4% | $91,890 +3% |
| 2003 | $1,309 | $89,220 |
Find assessor info on the county website
Neighborhood: 97501
Nearby homes
- $--2 bd1 ba975 sqft712 Palm St APT B, Medford, OR 97501Off Market
- $253,0002 bd1 ba1k sqft714 Palm St, Medford, OR 97501Off Market
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Nearby schools
GreatSchools rating
- 2/10Jackson Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10McLoughlin Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10South Medford High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Jackson 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
- 712 Palm St
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