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$368,500

  • Sold
  • Closed
  • Multi-Family
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Exceptional investment opportunity in desirable East Medford! This unique property features two fully furnished rental units with the potential to convert an existing structure into a third unit-offering strong income upside for savvy investors. Situated on a well-located .24-acre lot surrounded by other established rentals, this property is ideally positioned for consistent demand. Unit one offers 934 sq ft with 2 bedrooms and 1 bathroom, while unit two provides 440 sq ft with 1 bedroom and 1 bathroom-both thoughtfully laid out for comfortable living. The property is fully fenced and gated, with individual addresses for each unit, enhancing functionality and tenant appeal. Added value includes solar panels on the main unit, which will be paid off at close of escrow--allowing the new owner to benefit from reduced utility costs. Whether you're looking to expand your portfolio or secure a versatile income-producing property, this East Medford gem delivers immediate cash.

Full Property Details for 871 Wabash Ave

General

  • Sold For: $368,500
  • Taxes: $2,551 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: ODS
  • MLS ID: 220218945
  • Added to Site: 105 day(s) ago

Interior

  • Interior Features: Solid Surface Counters
  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
  • Flooring: Carpet, Tile, Vinyl

Parking

  • Parking Features: Driveway, Gated, Gravel, No Garage
  • Parking: Driveaway, Gated

Location

  • Area: 1374
  • County: Jackson
  • Subdivision: N/A
  • Driving Directions: From Spring Street take a right on Wabash. Home will be on your right.

School Information

  • Elementary School: Roosevelt Elem
  • Middle School: Hedrick Middle
  • High School: North Medford High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Ductless, Electric, Solar Leased

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Bungalow
  • Construction: Frame
  • Basement Desc.: None
  • Foundation: Block, Concrete Perimeter, Slab
  • Roof: Composition, Metal
  • Common Walls: No Common Walls
  • Windows: Double Pane Windows
  • Stories/Levels: 1
  • Square Feet: 1,374
  • Sq. Ft. Source: Assessor
  • Year Built: 1925

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,454
  • Street/Road Desc.: Gravel
  • Lot Features: Fenced, Level
  • Zoning: SFR-6

Financial Considerations

  • Tax Amount: $2,551.28
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Exclusions: Tenant's personal property
  • Inclusions: Fully furnished rental units- reach out to agent for specific details.
  • APN: 10329271
  • Section: Not Applicable

Listed by John L. Scott Medford (541) 779-3611, Cassie Spiker (541) 727-1476
Sold by John L. Scott Medford (541) 727-1476, Lindsey McDowell

Listing agent

— 871 Wabash Ave —

  • Cassie Spiker

    John L. Scott Medford

    541-779-3611

5417271476

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 871 Wabash Ave

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
6-80.4 mi
North Medford High School
1900 N Keene Way Dr, Medford, OR 97501
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 871 Wabash Ave

Date
Details
Price
Change
Source
5/15/2026
Sold
$368,500
5.29%
MLS
4/09/2026
Listed
$350,000
—
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 John L. Scott Medford (541) 779-3611, Cassie Spiker (541) 727-1476
Sold by John L. Scott Medford (541) 727-1476, Lindsey McDowell

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Price Reduced near 871 Wabash Ave

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499 Ridgeway Ave, Central Point, OR 97502 - Photo 1 Price Reduced
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Recent Sales near 871 Wabash Ave

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832 Wabash Ave, Medford, OR 97504 - Photo 1 Sold
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832 Wabash Ave  Medford, OR 97504

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794 N Keene Way Dr  Medford, OR 97504

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Listed by Home & Land Real Estate, Alice Lema
Sold by Non Rmls Broker, OR and WA Non Rmls

871 Wabash Avenue, Medford, OR 97504 (MLS# 220218945) is a Multi-Family property that was sold at $368,500 on May 15, 2026. Want to learn more about 871 Wabash Avenue? 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.