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3040 Sheraton Court
Medford OR 97504 US

$715,000

Active Listing ID 220213756
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Lot: 0.09 Acres
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Quadruplex

$715,000

Active Listing ID 220213756
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3040 Sheraton Court Outstanding Turnkey Investment Awaits! This well maintained 4 Plex offers an exceptional opportunity for investors seeking a prime income generating property currently collecting $3, 890 in gross monthly rental income. With 3 units currently occupied and 1 unit vacant this property creates a fantastic combination of stability and low maintenance management while also presenting future upside potential for rent increases. Spacious and thoughtfully designed combination of two 2 Bed, 1.5 Bath units and two 3 Bed, 2 Bath units ensuring a comfortable living space for tenants. The property's strategic location puts it within close proximity to shopping, dining, public transit, and major highways. Whether you are acquiring your first income property or an experienced investor looking to expand your portfolio this is an opportunity you won't want to miss! Schedule your private tour today!

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Quadruplex
  • Features
  • Cooling System: Central Air
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Composition
  • Heating Fuels: Electric (Heating), Heat Pump (Heating)

School Information

  • School
  • Check with District(Elementary)
  • Check with District(MiddleSchool)
  • Check with District(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Quadruplex
  • listprice: 715000
  • unparsedaddress: 3040 Sheraton Court
  • postalcity: Medford
  • stateorprovince: OR
  • country: US
  • postalcode: 97504
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.09
  • lotsizeunits: Acres
  • lotsizearea: 0.09
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 42.361187
  • longitude: -122.839485
  • listagentfullname: Richard I Davalos
  • listagentemail: richarddavalos@remax.net
  • listagentkey: 3yd-SORMLS-20200218213459038155000000
  • listagentmlsid: 20200218213459038155000000
  • listagentpreferredphone: 5418216671
  • listagentofficephone: 5417703325
  • listofficekey: 3yd-SORMLS-20200217215416263592000000
  • listagentstatelicense: 201218893
  • listofficemlsid: 20200217215416263592000000
  • disclaimer: Copyright © 2026 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: 1994
  • listagenturl: http://www.idealbrokersinc.com
  • countyorparish: Jackson
  • parcelnumber: 10844755
  • elementaryschool: Check with District
  • highschool: Check with District
  • appliances: Dishwasher, Garbage Disposer, Range, Refrigerator, Washer
  • cooling: Central Air
  • constructionmaterials: Frame
  • flooring: Carpet, Vinyl
  • heating: Electric (Heating), Heat Pump (Heating)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Assigned, Carport, Parking Lot
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • interiorfeatures: Breakfast Bar, Laminate Counters, Linen Closet, Shower/Tub Combo, Vaulted Ceiling(s)
  • architecturalstyle: New Traditional
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -122.839485, 42.361187
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Ideal Brokers Medford, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[{"ExpenseCategory":"Home Owner Assessments Fee", "ExpenseFrequency":"Monthly", "ExpenseValue":775}], "GeocodeOptions":null, "LeadRoutingEmail":"richarddavalos@remax.net", "ListBrokerageCity":"Medford", "ListBrokerageCountry":"US", "ListBrokerageEmail":"mdoffice@idealbrokersinc.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/SORMLS/7af466f1b19011e18d8e1231380b9468/20120608174029992.png", "ListBrokerageName":"RE/MAX Ideal Brokers Medford, Inc.", "ListBrokeragePhone":"(541) 770-3325", "ListBrokeragePostalCode":"97504", "ListBrokerageStateOrProvince":"OR", "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"3539 Heathrow Way", "ListBrokerageWebsiteUrl":"http://www.idealbrokersinc.com", "ListOfficeAddress1":"3539 Heathrow Way #200, Medford, OR 97504-4004", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20200218213325424239000000", "ListOfficeCity":"Medford", "ListOfficeCountry":"US", "ListOfficeEmail":"Jan.monson@integrityagents.com", "ListOfficePostalCode":"97504-4004", "ListOfficeStateOrProvince":"OR", "ListPriceCurrencyType":"USD", "ListingTitle":"Traditional, Quadruplex - Medford, OR", "ListingURL":"https://listings.listhub.net/pages/SORMLS/220213756/?channel=rexren", "MLSModificationTimestamp":"2026-01-14T16:53:09Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6914.67, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/15/2026 2:05:03 AM GMT
Source Updated Date: 1/15/2026 6:46:38 PM GMT

Courtesy of: Richard I Davalos, RE/MAX Integrity, richarddavalos@remax.net

Copyright © 2026 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.