Price cut $195K
$680,000
1/54 BD · 3 BA · 3,228 SF · 0.21 AC
4260 Falcon Ridge Terrace
Medford, OR 97504
#220210523 01 / 41
For sale Price cut $75K on Sep 7
$675,000
1007 W 9th Street
Medford, OR 97501 · Ross Addition
- Baths
- 0
- Acres
- 0.24
- Built
- 1968
Est. $4,196/mo~220 min to downtown Bend (approx.)
Listing by John L Scott Ashland · 541-488-1311
MLS# 220228305 · Active
01
About this home
Here's a rare opportunity to own a well-established five-unit property in a convenient West Medford location. Three buildings house four 2-bedroom, 1-bath units and one 2-bedroom, 2-bath unit, all currently rented with tenants who have expressed a desire to stay. Each unit includes its own garage, washer/dryer and appliances, and water, sewer and garbage are included in the rent. The property has been thoughtfully maintained and updated, including four new street-facing windows, fresh landscaping, bark and flowers, trimmed shrubs and touch-up painting. Unit 1013 offers central HVAC and an attached workshop; the remaining units have wall-mounted heat and AC. Conveniently situated near downtown Medford, the freeway, local golf courses and more. And, this is a particularly interesting moment to take a look: smoke season is behind us, school is beginning, and the holidays are still ahead. Good properties don't always wait for perfect conditions, and neither should good investors.
02
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03
Price history
Cut $75K| Date | Event | Price |
|---|---|---|
| Sep 7, 2026 | Price cut−$75,000 (10.0%) | $675,000 |
| Sep 6, 2026 | Listed for sale | $750,000 |
From the MLS: original list price and latest price change. 30 days on market.
04
Drive times
~220 min to downtown Bend- Mt. Bachelor~199 min · 168.2 mi
- Sunriver Village~200 min · 168.8 mi
- Old Mill District~219 min · 185.8 mi
- Downtown Bend~220 min · 186.7 mi
- St. Charles Bend~223 min · 189.4 mi
- Sisters~232 min · 197.2 mi
- Redmond Airport (RDM)~243 min · 207.2 mi
- Smith Rock State Park~254 min · 216.1 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1968- Type
- Multi Family
- Year built
- 1968
- Stories
- 1
- Lot
- 0.24 AC · 10,454 SF
- HOA
- None reported
- Taxes
- $6,360/yr
- Subdivision
- Ross Addition
- County
- Jackson
- Days on market
- 30
- MLS #
- 220228305
- Interior
- Laminate Counters · Linen Closet · Shower/Tub Combo · High Speed Internet
- Appliances
- Dishwasher · Disposal · Dryer · Oven · Range · Refrigerator · Range Hood · Washer · Water Heater
- Flooring
- Carpet · Laminate
- Heating
- ENERGY STAR Qualified Equipment · Forced Air
- Cooling
- ENERGY STAR Qualified Equipment · Heat Pump
- Parking
- Assigned · Alley Access · Garage Door Opener · On Street · Workshop in Garage
- View
- Neighborhood
- Lot
- Level · Landscaped
- Construction
- Frame
- Roof
- Asphalt
06
Location & schools
Ross Addition42.3218° N · 122.8820° W
Directions- Elementary
- Washington Elem
- Middle
- Oakdale Middle
- High
- South Medford High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$4,196/mo$4,196/mo
$540,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $3,413
- Property tax (listing)
- $530
- Home insurance (est.)
- $253
20% · $135,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220228649Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 12:01 PM.
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