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$715,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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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!

Full Property Details for 3040 Sheraton Ct

General

  • Price: $715,000
  • HOA FEE: $775/month
  • Taxes: $6,914 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ODS
  • MLS ID: 220213756
  • Updated: 1/14/2026
  • Added to Site: 4 day(s) ago

Interior

  • Interior Features: Breakfast Bar, Laminate Counters, Linen Closet, Shower/Tub Combo, Vaulted Ceiling(s)
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl

Additional Information

  • Shared Amenities: Landscaping, Trash, Water
  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)

Parking

  • Parking Features: Assigned, Concrete, Detached Carport, Parking Lot
  • Parking: Assigned, Concrete, Detached Carport

Location

  • Area: 4752
  • County: Jackson
  • Subdivision: Sheraton Park

School Information

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

Community

  • Community Features: Landscaping, Trash, Water
  • Association: Yes
  • Home Owners Assn.: 1

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Construction: Frame
  • Foundation: Slab
  • Roof: Composition
  • Common Walls: No Common Walls
  • Windows: Double Pane Windows, Vinyl Frames
  • Stories/Levels: 2
  • Square Feet: 4,752
  • Sq. Ft. Source: Other
  • Year Built: 1994

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Lot Features: Drip System, Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Zoning: Mfr-20

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $775
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $6,914.67
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • Exclusions: Tenant Property
  • APN: 10844755
  • Section: Not Applicable

Listed by RE/MAX Integrity (541) 770-3325, Richard I Davalos (541) 821-6671

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Listing agent

— 3040 Sheraton Ct —

  • Richard I Davalos

    RE/MAX Integrity

    541-770-3325

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 3040 Sheraton Ct

School District:Medford School District 549
NameGradesDistance
Abraham Lincoln Elementary School, Medford, OR
3101 McLoughlin Drive, Medford, OR 97504
K-50.2 mi
Hedrick Middle School
1501 East Jackson Street, Medford, OR 97504
6-82.2 mi
North Medford High School
1900 N Keene Way Dr, Medford, OR 97501
9-121.1 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 3040 Sheraton Ct Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Listed
$715,000
257.5%
MLS
6/07/1999
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3040 Sheraton Ct

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,915
2%
$466,790
3%
2024
$6,770
3%
$453,200
3%
2023
$6,562
2%
$440,000
3%
2022
$6,402
3%
$427,190
3%
2021
$6,237
5%
$414,750
6%
2019
$5,960
3%
$390,950
3%
2018
$5,808
2%
$379,570
3%
2017
$5,703
-1%
$368,520
3%
2016
$5,740
4%
$357,790
3%
2015
$5,518
2%
$347,370
3%
2014
$5,397
10%
$337,260
8%
2013
$4,909
—
$312,510
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RE/MAX Integrity (541) 770-3325, Richard I Davalos (541) 821-6671

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3040 Sheraton Court, Medford, OR 97504 (MLS# 220213756) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 3040 Sheraton Court is currently listed for $715,000 and was received on January 14, 2026. Want to learn more about 3040 Sheraton Court? Do you have questions about finding other Multi-Family real estate for sale in Cottage Home? You can browse all Cottage Home real estate or contact a Coldwell Banker agent to request more information.

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