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$660,000

  • Sold
  • Closed
  • Multi-Family
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SELLER FINANCING AVAILABLE - 6-Unit Apartment Complex in Downtown Medford. An excellent investment opportunity awaits in the heart of downtown Medford. This complex features six one-bedroom, one-bathroom units, each approximately 616 square feet. Two of the six units have been intentionally left vacant, allowing the new owner to place tenants at current market rents. Existing rents range from $700 to $1,000 per month and include water, sewer, garbage, and landscaping services. With its manageable size, this property is ideal for both new and seasoned investors looking to build equity and increase cash flow. The location offers strong rental demand and long-term growth potential, while seller financing provides added flexibility. This is a rare chance to acquire a solid income-producing asset with upside potential in a growing area. Please do not disturb tenants. Showings are by appointment only-call or text the listing agent to schedule a private tour.

Full Property Details for 116 Cottage St

General

  • Sold For: $660,000
  • Taxes: $6,304 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: ODS
  • MLS ID: 220203549
  • Added to Site: 222 day(s) ago

Interior

  • Interior Features: Laminate Counters, Solid Surface Counters
  • Appliances: Cooktop, Oven, Range Hood, Refrigerator, Water Heater
  • Flooring: Carpet, Laminate

Additional Information

  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Parking

  • Parking Features: Gravel, No Garage

Location

  • Area: 3696
  • County: Jackson
  • Subdivision: N/A
  • Driving Directions: East Main St to Cottage St

School Information

  • Elementary School: Check with District
  • Middle School: Check with District
  • High School: Check with District

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Construction: Concrete, Frame
  • Foundation: Slab
  • Roof: Composition
  • Common Walls: 2+ Common Walls
  • Windows: Aluminum Frames, Vinyl Frames
  • Stories/Levels: 2
  • Square Feet: 3,696
  • Sq. Ft. Source: Assessor
  • Year Built: 1965

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,098
  • Frontage: Shared Access
  • Street/Road Desc.: Gravel, Paved
  • Lot Features: Level
  • Zoning: MFR

Financial Considerations

  • Tax Amount: $6,304
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, Owner Will Carry

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 10365005
  • Section: Not Applicable

Listed and Sold by Land Leader (844) 281-4301, Michael Lee (541) 326-6338

Listing agent

— 116 Cottage St —

  • Michael Lee

    Land Leader

    844-281-4301

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 116 Cottage St

School District:Medford School District 549
NameGradesDistance
Roosevelt Elementary School, Medford, OR
1212 Queen Anne Avenue, Medford, OR 97504
K-50.5 mi
Hedrick Middle School
1501 East Jackson Street, Medford, OR 97504
6-80.7 mi
South Medford High School
1551 Cunningham Avenue, Medford, OR 97501
9-122 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 116 Cottage St

Date
Details
Price
Change
Source
7/21/2025
Sold
$660,000
-2.87%
MLS
6/09/2025
Listed
$679,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Land Leader (844) 281-4301, Michael Lee (541) 326-6338

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Price Reduced near 116 Cottage St

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116 Cottage Street, Medford, OR 97504 (MLS# 220203549) is a Multi-Family property that was sold at $660,000 on July 21, 2025. Want to learn more about 116 Cottage Street? Do you have questions about finding other Multi-Family real estate for sale in Medford? You can browse all Medford real estate or contact a Coldwell Banker agent to request more information.