Login

329 S Grape Street, Medford, OR 97501

Medford
Local realty services provided by:CENTURY 21 J.C. Jones American Dream
329 S Grape Street,Medford, OR 97501
$799,000
  • - Beds
  • - Baths
  • 3,010 sq. ft.
  • Multi-family
  • Active
Listed by: christopher m knox
Office: landline real estate
MLS#:220219748
Source:OR_SOMLS

Price summary

  • Price:$799,000
  • Price per sq. ft.:$265.45

About this home

Rare multi-unit property offering flexibility, strong income, and modern updates. Situated on two tax lots zoned Commercial Service Provider, this property features five renovated units-ideal for continued long-term rentals, short-term lodging, or mixed-use possibilities. The first lot includes a 1,200-sq-ft, 3-bedroom, 1-bath home, while the 2nd. lot hosts four additional units: three studio apartments and one 1-bedroom apartment. Each unit has been completely refreshed with new HVAC systems, flooring, paint, cabinets and more, ensuring comfort and efficiency for tenants or guests. A shared laundry facility, alley access, and ample on-street parking add convenience and appeal. Currently fully rented and professionally managed, the property generates $6,495 per month in gross income, with the seller reporting a 7.5% cap rate. If you're seeking a turnkey investment or exploring short-term rental potential, this property delivers exceptional versatility and value. Upgrade list attached.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Subdivision & Development:N/A
  • Listing ID #:220219748
  • Added:144 day(s) ago
  • Updated:September 13, 2026 at 02:34 PM

Rooms and interior

  • Flooring:Vinyl
  • Kitchen Description:Oven, Range, Refrigerator
  • Living area:3,010 sq. ft.

Heating and cooling

  • Cooling:Ductless, Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Roof:Composition
  • Building area:3,010 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:Level
  • Construction Materials:Frame
  • Exterior Features:Courtyard
  • Foundation Description:Concrete Perimeter, Slab
  • Levels:1 Story, 2 Story

Schools

  • High school:South Medford High
  • Middle school:Oakdale Middle
  • Elementary school:Jefferson Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$265.45
  • Tax amount:$5,012 (2025)

Features and amenities

  • Appliances:Oven, Range, Refrigerator, Washer, Water Heater

Parking

  • Parking description:Alley Access, Asphalt

New listings near 329 S Grape Street