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16 Hamilton ST Medford, OR 97501
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Key Details
Sold Price $599,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,055 sqft
Price per Sqft $196
Subdivision West Main Plaza
MLS Listing ID 220203641
Sold Date 09/10/25
Style Ranch
Year Built 1950
Annual Tax Amount $4,066
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 0.31
Property Sub-Type Quadruplex
Property Description
Excellent Investment Opportunity with Strong Cap Rate! This centrally located 4-plex offers a desirable mix of unit types and recent upgrades, making it a turnkey addition to any investment portfolio. The property includes a stand-alone 2-bedroom, 1-bathroom single-family home with washer/dryer hookups, and a private backyard, ideal for attracting long-term tenants. Additionally, the attached triplex includes a 4-year-old roof and features two spacious 2-bedroom, 1-bath units and one well-maintained 1-bedroom, 1-bath unit. Majority of the units have been updated with newer flooring and paint while all units include newer energy-efficient windows and ductless mini-split systems. Current rents are $1,300, $1,150, $1,050, and $1,050. With strong rental appeal, low-maintenance improvements, and a convenient central location close to services and transit, this property is well-positioned to deliver reliable cash flow and long-term value!
Location
State OR
County Jackson
Community West Main Plaza
Interior
Heating Ductless
Cooling Ductless, Wall/Window Unit(s)
Exterior
Parking Features Attached Carport, Driveway, On Street
Roof Type Composition
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Frame
New Construction No
Schools
High Schools Check With District
Others
Senior Community No
Tax ID 10403385
Security Features Carbon Monoxide Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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