James & Angie Smith

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Listing provided courtesy of John L Scott Real Estate Grants Pass- MLS# 220223684MLS ProviderContact Information: 541-476-1299

108 N Columbus AvenueMedford, OR 97501

Multi-Family · 1,712 Sq. ft. | 0.11 Acres
$362,000 Active

108 N Columbus Avenue Overview

Time on Site:
11 days
Visits:
0

Well-maintained triplex with recent updates and strong income potential. Property features two attached 1 bed/1 bath units and one detached 2 bed/1 bath unit, offering a versatile unit mix for tenants. Units 1 and 2 have been extensively refreshed with new interior paint, flooring and carpet, updated kitchen cabinets, countertops, sinks, lighting, and bathroom sink/plumbing improvements. All three units received a new roof in 2023, providing peace of mind for years to come. Separate gas and electric meters help simplify property management and tenant billing. Currently generating $35,820 in annual gross income. Under current operating performance, the property projects to a stabilized CAP Rate just under 8% based on trailing expense run-rate. A great opportunity for investors seeking a turnkey income-producing property with recent capital improvements already completed.

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108 N Columbus Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,712
  • Price/Sq.ft. $211
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Jackson Elem
  • Middle Or Junior School: McLoughlin Middle
  • High School: South Medford High

Building Information

  • New Construction: false
  • Year Built: 1906

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: Bryant Addition

Tax Information

  • Tax Annual Amount: 1886.29
  • Tax Year: 2025

General Information

  • Exclusions: Tenant's Personal Property- including window AC units
  • Inclusions: 3 Ranges, 3 Fridges, 3 Water Heaters, Washer, Dryer
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 10402583
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 1712.0

General Information

  • Appliances: Dryer,Range,Refrigerator,Washer,Water Heater
  • Basement: None
  • Common Walls: 1 Common Wall
  • Flooring: Carpet,Laminate,Vinyl
  • Foundation Details: Concrete Perimeter
  • Interior Features: Built-in Features,Ceiling Fan(s),Fiberglass Stall Shower,Laminate Counters,Shower/Tub Combo
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Aluminum Frames,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Alley Access,On Street

Lot Information

  • Additional Parcels: false
  • Lot Features: Fenced,Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Bungalow
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

108 N Columbus Avenue Neighborhood

Community

97501 (MEDFORD) Demographics

36
Median Age
887
Population Density (per sq. mile)
25%
College Educated
$48,865
Estimated Median Income
10,029
Estimated Total Home Owners
8,656
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

108 N Columbus Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

108 N Columbus Avenue Market Data

Based on the last 30 days in this zip code

$368,725
Average List Price
$241
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
263
Properties for Sale
Calculations provided by Reliance Network

108 N Columbus Avenue History

Date Event Value Agent
6/18/2026Source: Oregon Datashare Added to Database
June 18, 2026