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

Medford
Local realty services provided by:CENTURY 21 Agate Realty
2055 Campus Drive #1 - 4,Medford, OR 97504
$625,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: robert jellesed
Office: re/max platinum
MLS#:220211706
Source:OR_SOMLS

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Price summary

  • Price:$625,000

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:48 day(s) ago
  • Updated:March 18, 2026 at 06:29 AM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Kitchen Description:Cooktop, Dishwasher, Oven, Range, Refrigerator

Heating and cooling

  • Cooling:Central Air
  • Heating:Wall Furnace
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1991
  • Lot Features:Landscaped, Level
  • Architectural Style:Northwest
  • Construction Materials:Frame
  • Foundation Description:Concrete Perimeter
  • Levels:2 Story

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:$625,000
  • Tax amount:$6,001 (2024)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Oven, Range, Refrigerator, Water Heater

Parking

  • Parking description:Asphalt, Assigned

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