1974 Virginia Street, Medford, OR 97501

$330,000 Asking Price

2 beds
2 baths
1,604  sqft
Built in 1940

This property features a 2-bed, 2-bath main house with 1,104 sq ft currently rented at $1,270/month with a cozy layout. The property also includes a separate 500 sq ft ADU with 1 bed, 1 bath, rented at $600/month. Both homes require some TLC, making it perfect for investors looking to add value.Zoned MFR-30, this lot has ample room for additional units, making it a prime investment opportunity. Conveniently located near the mall, freeway access, and popular food spots, this property combines potential, convenience, and income generation. A fantastic chance to maximize rental income or explore new projects in a desirable area! Don't miss this rare opportunity to invest in a property with great upside potential.


Features & Amenities

Interior

General:
Ceiling Fan(s)
Rooms:
Kitchen,Living Room
Appliances:
Disposal,Oven,Range
Flooring:
Hardwood,Vinyl
A/C:
Wall/Window Unit(s)
Heating:
Electric,Other

Exterior

General:
Frame
Style:
Ranch

Construction

Roofing:
Composition
Windows:
Vinyl Frames
General:
One, Concrete Perimeter,Stemwall

Location

Road/Access:
Shared Access
County:
Jackson

Lot

Zoning:
Mfr-30, 10492244

Utilities

Utilities:
None
Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
eXp Realty, LLC

About Medford, OR

Housing

Number of Units
43,140
Median Home Value
$302,268
Median Rent
$962

44.09% of housing units are renter occupied.

4.72% are vacant.

Commute

Car
68.03%
Public Transportation
0.53%
Walk to Work
1.24%
Work from Home
28.50%
Other
0.47%

The median travel time to work is 13 minutes.

People

Population
99,005
Median Age
39.20
Median Household Size
2.65

Education

High School
25.78%
Associate’s Degree
9.23%
Bachelor’s Degree
16.91%
Graduate Degree
10.61%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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