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2055 Campus Drive #1 - 4, Medford, OR 97504

Local realty services provided by:CENTURY 21 North Homes Realty
2055 Campus Drive #1 - 4,Medford, OR 97504
$649,000
  • - Beds
  • - Baths
  • 3,816 sq. ft.
  • Multi-family
  • Pending
Listed by: robert jellesed
Office: re/max platinum
MLS#:220211706
Source:OR_SOMLS

Price summary

  • Price:$649,000
  • Price per sq. ft.:$170.07

About this home

Well-maintained 1991-built quadplex tucked on a quiet dead-end street near North Medford High School. This 3,816 SF two-story property features four identical 2BD/1.5BA units, each w/an attached single-car garage and separate gas and electric meters. No HOA. Professionally managed with attractive, low-maintenance landscaping. Units 2 and 3 are currently vacant. Unit 2 has been recently refreshed, while Unit 3 remains in original condition, offering additional upside through light improvements and rent-up. Gross Scheduled Income of $62,220 reflects current rents plus pro-forma market rents on the two vacant units. One long-term tenant remains at a below-market rent due to prior ownership decisions; rents may be adjusted by a new owner in compliance with Oregon landlord-tenant law and required notice periods. Owner pays water, sewer, and garbage. A solid, low-maintenance multifamily investment with value-add potential in a convenient North Medford location near schools, shopping & I-5.

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Home facts

  • Year built:1991
  • Listing ID #:220211706
  • Added:1 day(s) ago
  • Updated:January 28, 2026 at 08:34 AM

Rooms and interior

  • Living area:3,816 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1991
  • Building area:3,816 sq. ft.
  • Lot area:0.19 Acres

Schools

  • High school:South Medford High
  • Middle school:McLoughlin Middle
  • Elementary school:Abraham Lincoln Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$649,000
  • Price per sq. ft.:$170.07
  • Tax amount:$6,001 (2024)

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