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$360,000
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Property Description
Imagine owning a rental property that not only generates income but also offers the flexibility and independence of two separate units. Main House: 3-bedroom, 1-bathroom home has a newer oven and dishwasher. Guest House: A large studio with its own bathroom and kitchen, complete with washer and dryer hook-ups. Both units already produce income and were raised in April 2025 but can support future increases for current rental demand. Utilities: Each unit has its own parking area, electrical meter, and sewer line. There is a shared water line managed by Central Point Water Services. Both units have their own fenced yards, providing a safe and enjoyable outdoor area for tenants. This property not only meets the needs of today's renters but also positions you for future growth in a thriving rental market. Whether you're looking to build equity or generate passive income this property offers a financially responsible pathway to achieving your investment goals.
Full Property Details
Full Property Details for 431 N 5th St
General
- Sold For: $360,000
- Taxes: $3,097 (2024)
- Status: Closed
- Type: Single Family
- Source: ODS
- MLS ID: 220206099
- Added to Site: 227 day(s) ago
Interior
- Rooms/Areas: Eating Area, Kitchen, Living Room
- Interior Features: Laminate Counters, Shower/Tub Combo
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Cooktop, Dishwasher, Range, Refrigerator, Water Heater
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Parking
- Parking Features: Alley Access, Detached Carport, Driveway, Gravel
- Parking: Detached Carport, Driveaway
Location
- Area: 1244
- County: Jackson
- Subdivision: N/A
- Cross Streets: Maple
School Information
- Elementary School: Jewett Elem
- Middle School: Scenic Middle
- High School: Crater High
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Geothermal
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Construction: Frame
- Basement Desc.: None
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Aluminum Frames
- Stories/Levels: 1
- Square Feet: 1,748
- Sq. Ft. Source: Assessor
- Living Area: 1,748 Sq. Ft.
- Year Built: 1953
Additional Structures
- Other Structures: Guest House
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Street/Road Desc.: Gravel, Paved
- Irrigation System: None
- Lot Features: Garden, Landscaped
- Zoning: R-2
Financial Considerations
- Tax Amount: $3,097.66
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Exclusions: Tenants personal property which includes window coverings.
- Inclusions: Main house: Oven, refrigerator, dishwasher, stove-top, water heater. Studio Apart: Range/oven, refrig, water heater
- APN: 10139246
- Section: Not Applicable
- Lot Number: 8200
Listed by John L. Scott Medford (541) 779-3611, Gwendolyn E Christensen
Sold by John L. Scott Medford, Audra Castillo
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Schools
Schools serving 431 N 5th St
School District:Central Point School District 6
| Name | Grades | Distance |
|---|---|---|
Jewett Elementary School 1001 Manzanita Street, Central Point, OR 97502 | K-5 | 0.4 mi |
Scenic Middle School 1955 Scenic Avenue, Central Point, OR 97502 | 6-8 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 431 N 5th St
Date
Details
Price
Change
Source
12/15/2025
Sold
$360,000
—
MLS
8/18/2025
Price Reduced
$360,000
-4%
MLS
7/18/2025
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
431 N 5th Street, Central Point, OR 97502 (MLS# 220206099) is a Single Family property that was sold at $360,000 on December 15, 2025. Want to learn more about 431 N 5th Street? Do you have questions about finding other Single Family real estate for sale in Central Point? You can browse all Central Point real estate or contact a Coldwell Banker agent to request more information.

