MLS# 24232522 – 308 Oak St, Rogue River, OR 97537 – John Wesley McPherson, Jr., The Portland Team

Listing courtesy of eXp Realty LLC.

Property Description

Description

Status: Pending

Year Built: 1988

Days on Website: 97

A remarkable investment opportunity in the charming town of Rogue River! This centrally located fourplex has extensive renovations in 2021, making it a desirable asset for investors. Each unit has been upgraded w/a modern living space for tenants. Renovations include new roofing, gutters, fresh interior/exterior paint, new fencing, new concrete back patios, all-new mini splits & professional window treatments. All units have updated kitchens & bathrooms that include new cabinets, countertops, updated appliances, flooring, plumbing fixtures, toilets and vanities. New water heaters along w/the exterior common area lighting and a commercial-grade coin-operated washer and dryer, providing a well-lit, secure and convenient environment. With all units currently rented at market rate & a very low vacancy rate, this is a lucrative investment opportunity, generating immediate cash flow. Don't miss out on the chance to own a fully renovated property in a prime location w/reliable tenants

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

None

Building

Built in 1988

Storage:

None

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4

Exterior Features

Exterior Description:

Other

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Baseboard,Ductless,WallFurnace

Listing

Contract Status Change Date:

2024-02-20

Cumulative Days On Market:

Days On Market:

Last Transaction Date:

2024-04-01 17:19:22

List Price:

$735,000

Listing Contract Date:

2024-01-26

Listing Id:

24232522

Mls Status:

Pending

Modification Timestamp:

2024-04-01 17:19:22

Off Market Date:

2024-02-20

On Market Date:

2024-01-26

Purchase Contract Date:

2024-02-20

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Pending

Location

MLS Area Major:

_790

County Or Parish:

Jackson

Lot

Features:

Level

Size Acres:

0.22

Size Range:

SqFt7000to9999

Size Square Feet:

9,583

Size:

7,000 to 9,999 SqFt

Parking

Features:

Driveway,OnStreet

Property

Property Condition:

Existing

Property View

Zoning:

R-2

Schools

High School:

Rogue River

Middle Or Junior School:

Rogue River

Elementary School:

Rogue River

Security Features

Features:

None

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,384

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,250

Area:

800

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,250

Area:

800

Features:

AirConditioning,Range,Refrigerator,WasherDryer

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,300

Area:

800

Features:

AirConditioning,Range,Refrigerator,WasherDryer

1 total bathroom

2 total bedroom

Unit Four

Actual Rent:

$1,250

Area:

800

Features:

AirConditioning,Range,Refrigerator,WasherDryer

1 total bathroom

2 total bedroom

Unit Five

Features:

AirConditioning,Range,Refrigerator,WasherDryer

Utilities

Fuel Description:

Electricity

Water Source:

PublicWater

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Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$735,000 -

308 Oak St Rogue River , OR 97537

MLS Area Major: _790

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on May 2, 2024 1:52AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.