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144-166 Reager Street
Medford OR 97501 US

$1,250,000

Active Listing ID 220191285
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Lot: 1.06 Acres
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Multi Family

$1,250,000

Active Listing ID 220191285
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144-166 Reager Street Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past26 years and many upgrades completed.New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road locationcreates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.

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Property Features

  • Facts
  • Lot Size: 1.06 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Multi Family
  • Features
  • Cooling System: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • Floor Covering: Hardwood, Laminate, Vinyl
  • Roof Type: Composition, Membrane
  • Heating Fuels: Electric (Heating), Fireplace(s), Natural Gas, Wall Furnace
  • Additional Features
  • Fireplace

School Information

  • School
  • Oak Grove Elem(Elementary)
  • McLoughlin Middle(MiddleSchool)
  • South Medford High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Multi Family
  • listprice: 1250000
  • unparsedaddress: 144-166 Reager Street
  • postalcity: Medford
  • stateorprovince: OR
  • country: US
  • postalcode: 97501
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.06
  • lotsizeunits: Acres
  • lotsizearea: 1.06
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 42.325879
  • longitude: -122.895465
  • listagentfullname: Patricia Millen
  • listagentemail: patie@ashlandoregon.com
  • listagentkey: 3yd-SORMLS-20200218213549599298000000
  • listagentmlsid: 20200218213549599298000000
  • listagentpreferredphone: 5413013435
  • listagentofficephone: 5413013435
  • listofficekey: 3yd-SORMLS-20240212223510970201000000
  • listagentstatelicense: 940200113
  • listofficemlsid: 20240212223510970201000000
  • disclaimer: Copyright © 2025 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SORMLS
  • yearbuilt: 1942
  • listagenturl: http://ashlandoregon.com
  • countyorparish: Jackson
  • parcelnumber: 10430309
  • elementaryschool: Oak Grove Elem
  • highschool: South Medford High
  • appliances: Range, Refrigerator
  • cooling: Multi Units, Wall/Window Unit(s), Window Unit(s)
  • constructionmaterials: Frame
  • flooring: Hardwood, Laminate, Vinyl
  • heating: Electric (Heating), Fireplace(s), Natural Gas, Wall Furnace
  • numberofunitstotal: 8
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Driveway, Other
  • roof: Composition, Membrane
  • waterfrontyn: False
  • interiorfeatures: Laminate Counters, Shower/Tub Combo, Walk-In Closet(s)
  • architecturalstyle: Ranch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -122.89546, 42.32588
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Millen Property Group", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"patie@ashlandoregon.com", "ListBrokerageCity":"Ashland", "ListBrokerageCountry":"US", "ListBrokerageEmail":"patie@ashlandoregon.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Millen Property Group", "ListBrokeragePhone":"(541) 301-3435", "ListBrokeragePostalCode":"97520", "ListBrokerageStateOrProvince":"OR", "ListBrokerageUnitNumber":"Suite 2", "ListBrokerageUnparsedAddress":"545 A Street", "ListBrokerageWebsiteUrl":"https://www.AshlandOrgon.com", "ListOfficeAddress1":"545 A Street, Ste 2, Ashland, OR 97520", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20200218213549599298000000", "ListOfficeCity":"Ashland", "ListOfficeCountry":"US", "ListOfficeEmail":"patie@ashlandoregon.com", "ListOfficePostalCode":"97520", "ListOfficeStateOrProvince":"OR", "ListPriceCurrencyType":"USD", "ListingTitle":"Ranch, Multi Family - Medford, OR", "ListingURL":"https://listings.listhub.net/pages/SORMLS/220191285/?channel=rexren", "MLSModificationTimestamp":"2025-03-29T13:35:50Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi Family", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5391.86, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/17/2025 6:09:56 PM GMT
Source Updated Date: 12/7/2025 12:56:07 PM GMT

Courtesy of: Patricia Millen, Millen Property Group, patie@ashlandoregon.com

Copyright © 2025 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.