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144 176 Reager St, Medford, OR 97501

$1,650,000
SAVE TOUR THIS HOME

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Property Description

Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location creates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.

144 176 Reager St | MLS# 166559679

This multi-family property located at 144 176 Reager St, Medford, OR 97501 is currently listed for sale with an asking price of $1,650,000. Search Medford real estate on jedpeters.bendpremierrealestate.com today.

SQUARE FEET5,966 MLS#166559679
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Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air, Window Unit(s)
Fuel Type: Electricity, Gas
Heating: Forced Air, Wall Furnace
Roof Type: Composition, Membrane, Shingle
Stories: 1.0
Taxes: $8,163
Year Built: 1940
Square Feet: 5,966

Units

Unit Type 1:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator, Unfurnished, WoodFloors
Rent: $1050.00
Square Footage: 465
Total Units: 1
Unit Type 2:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator, Unfurnished, WoodFloors
Rent: $1045.00
Square Footage: 530
Total Units: 1
Unit Type 3:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator, Unfurnished
Rent: $1045.00
Square Footage: 530
Total Units: 2
Unit Type 4:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator, Unfurnished, WoodFloors
Rent: $1095.00
Square Footage: 690
Total Units: 3
Unit Type 5:
Bathroom(s): 1
Bedrooms: 2
Features: Range, Refrigerator, Unfurnished, WoodFloors
Rent: $1375.00
Square Footage: 530
Total Units: 4
Unit Type 6:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator, Unfurnished, WoodFloors
Rent: $941.00
Square Footage: 485
Total Units: 5
Unit Type 7:
Bathroom(s): 1
Bedrooms: 1
Features: Range, Refrigerator, Unfurnished, WoodFloors
Rent: $1145.00
Square Footage: 485
Total Units: 6
Unit Type 8:
Bathroom(s): 1
Bedrooms: 2
Features: Refrigerator, Unfurnished
Rent: $1275.00
Square Footage: 800
Total Units: 7
Unit Type 9:
Bathroom(s): 1
Bedrooms: 3
Features: AirConditioning, Fireplace, Unfurnished, WoodFloors
Rent: $1985.00
Square Footage: 1510
Total Units: 8

Feature Descriptions

Days on Site: 119
Exterior: Metal Siding, Wood Siding
Gross Income: $136056.00 (Actual)
Lot: Level, Public Road
Net Income: $102798.00 (Actual)
Operating Expenses: $33349.00 (Actual)
Parking: Driveway, Garage
Parking Notes: Driveway, Garage
Sewer: Public Sewer
Special View Info: Territorial
Units: 37
Water: Public Water

Local Schools

High School: South Medford
Middle School: McLoughlin
Elementary School: Oak Grove

Listed By / Shown By

Listed By

Agency Name: Millen Property Group
Agency Phone: 541-301-3435

Shown By

Agent Name: Jed Peters, Broker
Agent Phone: (512) 897-5704
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 9,504.80 per month $8,343.30 Principal & Interest $680.25 Property Tax $481.25 Homeowner's Insurance

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550 NW Franklin Ave., Suite 108
Bend, OR 97703
(512) 897-5704
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/21/2026. The listing information on this page last changed on 04/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 04/21/2026 12:01:23 AM EST) or RMLS (last updated Mon 04/20/2026 11:58:16 PM EST) or COAR/MLSCO (last updated Mon 04/20/2026 11:51:17 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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