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$895,000
4 Days On Site
329 S Grape StreetMedford, OR 97501
For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,010
SqFt
$297
/SqFt
County:
Jackson
Call Now: 541-797-8356
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541-797-8356
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Monthly Payment (Est.)
$4,083Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Rare multi-unit property offering flexibility, strong income, and modern updates. Situated on two tax lots zoned Commercial Service Provider, this property features five renovated units-ideal for continued long-term rentals, short-term lodging, or mixed-use possibilities. The first lot includes a 1,200-sq-ft, 3-bedroom, 1-bath home, while the 2nd. lot hosts four additional units: three studio apartments and one 1-bedroom apartment. Each unit has been completely refreshed with new HVAC systems, flooring, paint, cabinets and more, ensuring comfort and efficiency for tenants or guests. A shared laundry facility, alley access, and ample on-street parking add convenience and appeal. Currently fully rented and professionally managed, the property generates $6,495 per month in gross income, with the seller reporting a 7.5% cap rate. If you're seeking a turnkey investment or exploring short-term rental potential, this property delivers exceptional versatility and value. Upgrade list attached.
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Listing Snapshot
Price
$895,000
Days On Site
4 Days
Bedrooms
N/A
Inside Area (SqFt)
3,010 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.22 Acres
Year Built
N/A
MLS® Number
220219748
Status
Active
Property Tax
$5,012.21
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 4 days ago | Listing first seen on site | |
| 4 days ago | Listing updated with changes from the MLS® |
General Features
Acres
0.22
Cross Street
W 10th St.
Foundation
Concrete PerimeterSlab
Levels
OneTwo
Parking
Alley AccessAsphalt
Property Sub Type
Multi Family
Security
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
3010
Style
Other
Water Source
Public
Zoning
C-S/P
Interior Features
Appliances
DryerOvenRangeRefrigeratorWasherWater Heater
Basement
None
Cooling
DuctlessHeat Pump
Flooring
Vinyl
Heating
Heat Pump
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Exterior Features
Construction Details
Frame
Exterior
Courtyard
Lot Features
Level
Roof
Composition
View
Territorial
Waterview
Territorial
Community Features
Financing Terms Available
CashConventional
Roads
Paved
Schools
School District
Unknown
Elementary School
Jefferson Elem
Middle School
Oakdale Middle
High School
South Medford High
Listing courtesy of Landline Real Estate
© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Landline Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Data Services by Constellation Data Labs.
This content last updated on 2026-04-25 03:02 PM PDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Source: Oregon Datashare.
© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Landline Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Data Services by Constellation Data Labs.
This content last updated on 2026-04-25 03:02 PM PDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Source: Oregon Datashare.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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