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634 Colinwood CT Medford, OR 97501
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Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $236
MLS Listing ID 220197736
Sold Date 03/17/26
Style Contemporary
Year Built 2023
Annual Tax Amount $9,171
Lot Size 0.530 Acres
Acres 0.53
Lot Dimensions 0.53
Property Sub-Type Multi Family
Property Description
Premier Multi-Family Investment Opportunity! Welcome to this unique Cottage cluster. A recently built 8-detached unit facility offers a rare opportunity to own a turnkey, low-maintenance investment property in the heart of Medford, Oregon. Constructed in 2023, these modern, single-level residences are designed for maximum tenant appeal and long-term rental stability. Each of the eight 2-bedroom, 2-bathroom homes (16 bed, 16 bath total). are thoughtfully designed with no common walls, providing a private and peaceful living experience. The high-quality finishes include granite countertops, laminate flooring, and in-unit laundry, ensuring strong tenant demand. The property is leased at $1,650 per unit, generating an impressive rental income around $158,400 annually.
Location
State OR
County Jackson
Rooms
Basement None
Interior
Interior Features Granite Counters, Open Floorplan, Primary Downstairs, Walk-In Closet(s)
Heating Electric, Heat Pump
Cooling Ductless, Heat Pump
Window Features Vinyl Frames
Exterior
Parking Features On Street
Roof Type Composition
Building
Lot Description Landscaped, Level, Sprinklers In Front
Foundation Slab
Builder Name Rory White
Water Public
Architectural Style Contemporary
Level or Stories One
Structure Type Frame
New Construction No
Schools
High Schools South Medford High
Others
Senior Community No
Tax ID 11000324
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition Standard
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