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For sale Price cut $5K on Sep 16

$357,000

108 N Columbus Avenue

Medford, OR 97501 · Bryant Addition

Baths
0
Acres
0.11
Built
1906
Est. $2,096/mo~220 min to downtown Bend (approx.)
Listing by John L Scott Real Estate Grants Pass · 541-476-1299

MLS# 220223684 · Active

01

About this home

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 mini-splits, 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 $39,120 in annual gross income. Under current operating performance, the property projects to a stabilized CAP Rate just under 8.86% based on trailing expense run-rate. A great opportunity for investors seeking a turnkey income-producing property with recent capital improvements already completed.

02

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03

Price history

Cut $5K
04

Drive times

~220 min to downtown Bend
05

Facts & features

Built 1906
06

Location & schools

Bryant Addition
07

Monthly payment

$2,096/mo
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Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.

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