Skip To Content

3040 Sheraton Court

Medford, OR 97504
  • $695,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 220213756
Price Reduced
UPDATED: 33 min ago
$695,000
  • 10
    BEDS
  • 0.09
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1994
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of RE/MAX Integrity :.

Description

Outstanding Turnkey Investment Awaits! This well maintained 4 Plex offers an exceptional opportunity for investors seeking a prime income generating property currently collecting $3,890 in gross monthly rental income. With 3 units currently occupied and 1 unit vacant this property creates a fantastic combination of stability and low maintenance management while also presenting future upside potential for rent increases. Spacious and thoughtfully designed combination of two 2 Bed, 1.5 Bath units and two 3 Bed, 2 Bath units ensuring a comfortable living space for tenants. The property's strategic location puts it within close proximity to shopping, dining, public transit, and major highways. Whether you are acquiring your first income property or an experienced investor looking to expand your portfolio this is an opportunity you won't want to miss! Schedule your private tour today!

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 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 Ninebark 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. Listing courtesy of Ninebark Real Estate. Data last updated: .2026-02-06T22:43:39.183
www.buyingbend.com/homes/172124219
Print Image

3040 Sheraton Court Medford, OR 97504

  • Price: $695,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 33 min ago
  • MLS #: 220213756
10
Beds
6
Baths
0
½ Baths
0.09
Acres
1994
Built
Neighborhood:
Sheraton Park
County:
Jackson
Area:
Medford
Elementary School:
Check With District
Middle School:
Check With District
High School:
Check With District
Property Description
Outstanding Turnkey Investment Awaits! This well maintained 4 Plex offers an exceptional opportunity for investors seeking a prime income generating property currently collecting $3,890 in gross monthly rental income. With 3 units currently occupied and 1 unit vacant this property creates a fantastic combination of stability and low maintenance management while also presenting future upside potential for rent increases. Spacious and thoughtfully designed combination of two 2 Bed, 1.5 Bath units and two 3 Bed, 2 Bath units ensuring a comfortable living space for tenants. The property's strategic location puts it within close proximity to shopping, dining, public transit, and major highways. Whether you are acquiring your first income property or an experienced investor looking to expand your portfolio this is an opportunity you won't want to miss! Schedule your private tour today!
Exterior Features

Architectural Style Traditional Attached Garage YN No Construction Materials Frame Exterior Features [] Foundation Details Slab Lot Features Drip SystemLandscapedSprinklers In FrontSprinklers In Rear Parking Features AssignedConcreteDetached CarportParking Lot Roof Composition Window Features Double Pane WindowsVinyl Frames

Interior Features

Appliances DishwasherDisposalOvenRangeRefrigeratorWater Heater Basement [] Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring CarpetVinyl Heating ElectricHeat Pump Heating YN Yes Interior Features Breakfast BarLaminate CountersLinen ClosetShower/Tub ComboVaulted Ceiling(s) Levels Two Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit1 Half Baths 1 Unit1 Square Footage 1036 Unit2 Bedrooms 2 Unit2 Full Baths 1 Unit2 Half Baths 1 Unit2 Square Footage 1036 Unit3 Bedrooms 3 Unit3 Full Baths 2 Unit4 Bedrooms 3 Unit4 Full Baths 2

Property Features

Accessibility Features [] Additional Parcels YN No Association Amenities LandscapingTrashWater Association Fee 775 Association Fee Frequency Monthly Association YN Yes Building Area Total 4752 CCRs YN Yes Common Walls No Common Walls Community Features [] Flood NA Yes Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Structures [] Property Sub Type Quadruplex Road Frontage Type [] Road Surface Type [] Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 6914.67 Tax Year 2025 Unit1 Monthly Rent 1250 Unit1 Rent Includes Garbage Yes Unit1 Rent Includes Landscaping Yes Unit1 Rent Includes Sewer Yes Unit1 Rent Includes Water Yes Unit1 Status Leased Unit2 Monthly Rent 1395 Unit2 Rent Includes Garbage Yes Unit2 Rent Includes Landscaping Yes Unit2 Rent Includes Sewer Yes Unit2 Rent Includes Water Yes Unit2 Status Leased Unit3 Rent Includes Garbage Yes Unit3 Rent Includes Landscaping Yes Unit3 Rent Includes Sewer Yes Unit3 Rent Includes Water Yes Unit3 Status Vacant Unit4 Monthly Rent 1245 Unit4 Rent Includes Garbage Yes Unit4 Rent Includes Landscaping Yes Unit4 Rent Includes Sewer Yes Unit4 Rent Includes Water Yes Unit4 Status Leased View [] Water Source Public Waterfront Features [] Zoning Description Mfr-20

Listing information © 2026 MLS of Central Oregon
Listing provided courtesy of RE/MAX Integrity :.

Central Oregon Association of Realtors logo © 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 Ninebark 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. Listing courtesy of Ninebark Real Estate. Data last updated: .2026-02-06T22:43:39.183
 
https://bt-photos.global.ssl.fastly.net/coar/1280_boomver_1_220213756-2.jpg https://bt-photos.global.ssl.fastly.net/coar/1280_boomver_1_220213756-2.jpg https://bt-photos.global.ssl.fastly.net/coar/1280_boomver_1_220213756-2.jpg
Logo
Ninebark Real Estate
790 SW Industrial Way Suite 201
Bend OR, 97702
Listing provided courtesy of RE/MAX Integrity :.