145 CEDAR STRogueRiver, OR97537
$850,000
6 total units
$85,200 annual income
Capitilization Rate: 6.57
SqFt15000to19999
Elementary School: Rogue River
Middle School: Rogue River
High School: Rogue River
Zoning: C-1
207 days on market
VestorFilter™
Price per unit$141.7K/unit
Recent price drop$35,000
Time on market207 days
Property Description
Welcome to 145 Cedar Street - a rare public offering of a beautiful six-plex in a quiet and quaint neighborhood in busy Rogue River! This property features six, 2-bed / 1-bath fully renovated units, surrounding a central courtyard. Following extensive renovations, the property produces great rental income with a strong tenant mix and occupancy history. Believed to not be in a flood zone. The City of Rogue River is strategically located directly between Medford and Grants Pass on I-5, and has consistently shown strong tenant demand in the stunning walkable city. One of only a handful of apartment complexes in beautiful Rogue River!
{{ compliance-logo }}Listing Provided By Merit Commercial Real Estate, LLC.
Financial Data
Price ChangeDropped $35,000 on 03/01/2024
Total $49,000 drop
Total $49,000 drop
Original Price$899,000
Current Price$850,000
Property Taxes$5,843
Find On Map
Home Facts
StatusPending
Year Built1979
Exterior Features
MLS ID23372919
Unit Details
Unit 1
