Medford, OR 97501,215 N IVY ST
Medford, OR 97501,215 N IVY ST
Medford, OR 97501,215 N IVY ST
31
Listed by John L. Scott Medford
Bought with Non Rmls Broker
$709,000
$745,000
4.8%
Est.Price: ?

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10,018 Sqft Lot

215 N IVY ST Medford, OR 97501

Est. payment /mo
SOLD DATE : 05/15/2024

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Key Details

Sold Price $709,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24644382

Sold Date 05/15/24

Year Built 1930

Annual Tax Amount $6,440

Tax Year 2023

Lot Size 10,018 Sqft

Property Description

Investors special! Two 5-Plexes on one commercially zoned tax lot! At list price, these units are bringing in a 9.4% cap rate (doesn't include management fee). Roofs on each building are less than 5 years old and various updates such as flooring, interior paint, & windows have been done in a few of the units. 215 N Ivy has an attached single car garage and tons of storage as well. Back alley access allows ample parking. Each unit has its own gas and power meter. One of the cheapest price per units on the market in Southern Oregon, so contact your agent today for a personal tour, before it's too late!

Location

State OR

County Jackson

Area _802

Zoning C-C

Interior

Heating Forced Air

Cooling Wall Unit, Window Unit

Exterior

Garage No

Building

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Jackson

Middle Schools Mcloughlin

High Schools South Medford

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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Randy Byrd

Broker | License ID: 201235026

+1(541) 570-5777

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