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$600,000

  • Sold
  • Closed
  • Multi-Family
  • Updated 13 days ago
See This Home
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See This Home
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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

  • Sold For: $600,000
  • HOA FEE: $775/month
  • Taxes: $6,914 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: ODS
  • MLS ID: 220213756
  • Added to Site: 50 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
Sold by More Realty (541) 821-6671, Ellen Saris

Listing agent

— 3040 Sheraton Ct —

  • Richard I Davalos

    RE/MAX Integrity

    541-770-3325

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 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

Date
Details
Price
Change
Source
2/20/2026
Sold
$600,000
-13.67%
MLS
1/26/2026
Price Reduced
$695,000
-2.8%
MLS
1/14/2026
Listed
$715,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Integrity (541) 770-3325, Richard I Davalos (541) 821-6671
Sold by More Realty (541) 821-6671, Ellen Saris

Just Listed near 3040 Sheraton Ct

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140 N 8th St, Central Point, OR 97502 - Photo 1 Just Listed
$350,000

140 N 8th St  Central Point, OR 97502

  • Single Family
  • Active
  • Updated 3 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,424
    Sq. Ft.
Listed by Beyond Real Estate Brokers, Shelly Simpson and Beyond Real Estate Brokers, Leanna Smotherman
1617 Tennessee Ln, Central Point, OR 97502 - Photo 1 Just Listed
$715,000

1617 Tennessee Ln  Central Point, OR 97502

  • Single Family
  • Active
  • Updated 2 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,565
    Sq. Ft.
Listed by RE/MAX Integrity, Kelli Hokinson and RE/MAX Integrity, Michelle C Lewis
5655 Tamarack Ln, Central Point, OR 97502 - Photo 1 Just Listed
$700,000

5655 Tamarack Ln  Central Point, OR 97502

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
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  • 2
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  • 1,692
    Sq. Ft.
Listed by eXp Realty, LLC, Nick Shivers and eXp Realty, LLC, Keegan Shivers
185 Logan Ave, Central Point, OR 97502 - Photo 1 Just Listed
$290,000

185 Logan Ave  Central Point, OR 97502

  • Townhouse
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,425
    Sq. Ft.
Listed by eXp Realty, LLC, Rockwell Group and eXp Realty, LLC, Michael Archibald

Price Reduced near 3040 Sheraton Ct

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1258 Joshua Ct, Central Point, OR 97502 - Photo 1 Price Reduced
-$5,100 (-1.17%)
$429,900

1258 Joshua Ct  Central Point, OR 97502

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,730
    Sq. Ft.
Listed by RE/MAX Platinum, Josefina Graff
349 W Pine St, Central Point, OR 97502 - Photo 1 Price Reduced
-$300,000 (-9.23%)
$2,950,000

349 W Pine St  Central Point, OR 97502

  • Multi-Family
  • Active
  • Updated 3 days ago
Listed by Windermere Van Vleet & Assoc2, Robert Methvin and Windermere Van Vleet & Assoc2, Judy A Methvin
144 N 5th St, Central Point, OR 97502 - Photo 1 Price Reduced
-$5,000 (-1.56%)
$314,808

144 N 5th St  Central Point, OR 97502

  • Single Family
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,148
    Sq. Ft.
Listed by John L. Scott Medford, Douglas E Morse
1860 Cottonwood Dr, Central Point, OR 97502 - Photo 1 Price Reduced
-$20,000 (-4.55%)
$420,000

1860 Cottonwood Dr  Central Point, OR 97502

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,832
    Sq. Ft.
Listed by John L. Scott Medford, Gwendolyn E Christensen

Recent Sales near 3040 Sheraton Ct

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3618 Carnelian St, Medford, OR 97504 - Photo 1 Sold
$525,000

3618 Carnelian St  Medford, OR 97504

  • Single Family
  • Closed
  • 5
    Beds
  • 3
    Total Baths
  • 2,215
    Sq. Ft.
Listed by eXp Realty, LLC, Kelli Hokinson and eXp Realty, LLC, Michelle C Lewis
Sold by eXp Realty, LLC, Addison Smith
3718 Carlin Dr, Medford, OR 97504 - Photo 1 Sold
$519,900

3718 Carlin Dr  Medford, OR 97504

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,673
    Sq. Ft.
Listed by John L. Scott Medford, Mandy Samhammer
Sold by RE/MAX Integrity Grants Pass, Lana Lavenbarg
3726 Carlin Dr, Medford, OR 97504 - Photo 1 Sold
$540,000

3726 Carlin Dr  Medford, OR 97504

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,908
    Sq. Ft.
Listed by John L. Scott Medford, Mandy Samhammer
Sold by EXP Realty LLC, Patrick Reynolds
3013 Sky Lakes Dr, Medford, OR 97504 - Photo 1 Sold
$551,156

3013 Sky Lakes Dr  #46  Medford, OR 97504

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,800
    Sq. Ft.
Listed by New Home Star Oregon, LLC, Samantha R Stevens
Sold by Top Agents Real Estate Company, Rushell S Wood

3040 Sheraton Court, Medford, OR 97504 (MLS# 220213756) is a Multi-Family property that was sold at $600,000 on February 20, 2026. Want to learn more about 3040 Sheraton Court? 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.