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4 Beds
3 Baths
1,712 sqft

$357,000

108 N Columbus Avenue, Medford OR, 97501

Price per sqft$208.53
Built in1906
Property size1,712 sqft
Property typeMulti-family
Courtesy of John L Scott Real Estate Grants Pass, Joshua M Emptage

Overview

Active

Listed Jun 18, 2026

Updated 2 weeks ago

Well-maintained triplex with recent updates and strong income potential. Property features two attached 1 bed/1 bath units and one detached 2 bed/1 bath unit, offering a versatile unit mix for tenants. Units 1 and 2 have been extensively refreshed with mini-splits, new interior paint, flooring and carpet, updated kitchen cabinets, countertops, sinks, lighting, and bathroom sink/plumbing improvements. All three units received a new roof in 2023, providing peace of mind for years to come. Separate gas and electric meters help simplify property management and tenant billing. Currently generating $39,120 in annual gross income. Under current operating performance, the property projects to a stabilized CAP Rate just under 8.86% based on trailing expense run-rate. A great opportunity for investors seeking a turnkey income-producing property with recent capital improvements already completed.

$2,375/mo

Est. mortgage payment based on a $357,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
220223684

Interior Features

Bedrooms
4
Bathrooms
3
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$1,886
Tax Frequency
Annually

Courtesy of John L Scott Real Estate Grants Pass, Joshua M Emptage

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Data last updated 2:23 AM UTC, 9/17/2026

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