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3040 Sheraton CT Medford, OR 97504
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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,752 sqft
Price per Sqft $126
Subdivision Sheraton Park
MLS Listing ID 220213756
Sold Date 02/20/26
Style Traditional
Condo Fees $775
HOA Fees $775
Year Built 1994
Annual Tax Amount $6,914
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 0.09
Property Sub-Type Quadruplex
Property Description
Outstanding Turnkey Investment Awaits! This well maintained 4 Plex offers an exceptional opportunity for investors seeking a prime income generating property currently collecting $3,890 in gross monthly rental income. With 3 units currently occupied and 1 unit vacant this property creates a fantastic combination of stability and low maintenance management while also presenting future upside potential for rent increases. Spacious and thoughtfully designed combination of two 2 Bed, 1.5 Bath units and two 3 Bed, 2 Bath units ensuring a comfortable living space for tenants. The property's strategic location puts it within close proximity to shopping, dining, public transit, and major highways. Whether you are acquiring your first income property or an experienced investor looking to expand your portfolio this is an opportunity you won't want to miss! Schedule your private tour today!
Location
State OR
County Jackson
Community Sheraton Park
Interior
Interior Features Breakfast Bar, Laminate Counters, Linen Closet, Shower/Tub Combo, Vaulted Ceiling(s)
Heating Electric, Heat Pump
Cooling Central Air
Window Features Double Pane Windows,Vinyl Frames
Exterior
Parking Features Assigned, Concrete, Detached Carport, Parking Lot
Amenities Available Landscaping, Trash, Water
Roof Type Composition
Building
Lot Description Drip System, Landscaped, Sprinklers In Front, Sprinklers In Rear
Foundation Slab
Water Public
Architectural Style Traditional
Level or Stories Two
Structure Type Frame
New Construction No
Schools
High Schools Check With District
Others
Senior Community No
Tax ID 10844755
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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