Exceptional investment opportunity in desirable East Medford! This unique property features two fully furnished rental units with the potential to convert an existing structure into a third unit-offering strong income upside for savvy investors. Situated on a well-located .24-acre lot surrounded by other established rentals, this property is ideally positioned for consistent demand. Unit one offers 934 sq ft with 2 bedrooms and 1 bathroom, while unit two provides 440 sq ft with 1 bedroom and 1 bathroom-both thoughtfully laid out for comfortable living. The property is fully fenced and gated, with individual addresses for each unit, enhancing functionality and tenant appeal. Added value includes solar panels on the main unit, which will be paid off at close of escrow--allowing the new owner to benefit from reduced utility costs. Whether you're looking to expand your portfolio or secure a versatile income-producing property, this East Medford gem delivers immediate cash.
Closed
Zestimate®
$368,500
871 Wabash Ave, Medford, OR 97504
3beds
1,374sqft
Multi Family
Built in 1925
-- sqft lot
$368,500 Zestimate®
$268/sqft
$1,722 Estimated rent
Home value
$368,500
$346,000 - $394,000
$1,722/mo
Zestimate® history
Owner options
List your home for rent
$1,722/mo
Rent Zestimate®
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$1,722/mo
Rent Zestimate®
Refinance and save
$2,184/mo
Est. payment
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$2,184/mo
Est. payment
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List your homeWhat's special
Fully fenced and gated
Zillow last checked:
Listing updated:
Listed by:
John L. Scott Medford 5417271476
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220218945
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Ductless, Electric, Solar Leased
Cooling
- Ductless
Appliances
- Included: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
Features
- Solid Surface Counters
- Flooring: Carpet, Tile, Vinyl
- Windows: Double Pane Windows
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,374
- Total interior livable area: 1,374 sqft
Property
Parking
- Parking features: Driveway, Gated, Gravel, No Garage
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,454 sqft
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 10329271
- Zoning description: SFR-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block, Concrete Perimeter, Slab
- Roof: Composition,Metal
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Medford
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Sold | $368,500+5.3%$268/sqft |
Source:  Oregon Datashare #220218945 Report a problem | ||
| 4/16/2026 | Pending sale | $350,000$255/sqft |
Source: Oregon Datashare #220218945 Report a problem | ||
| 4/9/2026 | Listed for sale | $350,000+16.7%$255/sqft |
Source: Oregon Datashare #220218945 Report a problem | ||
| 1/14/2021 | Sold | $300,000+305.4%$218/sqft |
Source: Public Record Report a problem | ||
| 10/31/2014 | Sold | $74,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,739 +3.2% | $116,390 +3% |
| 2023 | $1,685 +2.5% | $113,000 |
| 2022 | $1,644 +2.6% | $113,000 +3% |
| 2021 | $1,602 +2.2% | $109,710 +6.1% |
| 2020 | $1,568 +2.4% | $103,420 +3% |
| 2019 | $1,531 | $100,410 +3% |
| 2018 | $1,531 +2.6% | $97,490 |
| 2017 | $1,492 -17.2% | $97,490 +6.1% |
| 2016 | $1,801 +22.2% | $91,910 |
| 2015 | $1,475 +4% | $91,910 +6.1% |
| 2014 | $1,417 +7.8% | $86,650 +3% |
| 2013 | $1,315 +3.5% | $84,130 +3% |
| 2012 | $1,270 +2.2% | $81,680 +3% |
| 2011 | $1,243 +2% | $79,310 +3% |
| 2010 | $1,218 +2.7% | $77,000 +3% |
| 2009 | $1,186 +2.5% | $74,760 +3% |
| 2008 | $1,156 +3.9% | $72,590 +3% |
| 2007 | $1,113 +11.9% | $70,480 +3% |
| 2006 | $995 +3.5% | $68,430 +3% |
| 2005 | $961 +2.1% | $66,440 +3% |
| 2004 | $941 +2.4% | $64,510 +3% |
| 2003 | $919 | $62,640 |
Find assessor info on the county website
Neighborhood: 97504
Nearby schools
GreatSchools rating
- 5/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10Hedrick Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10North Medford High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Roosevelt Elem
- Middle: Hedrick Middle
- High: North 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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$368,500
2% more
+$7,370
With Zillow Showcase(estimated)
$375,870
- Oregon
- Jackson County
- Medford
- 97504
- 871 Wabash Ave
Nearby cities
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