SELLER FINANCING AVAILABLE - 6-Unit Apartment Complex in Downtown Medford. An excellent investment opportunity awaits in the heart of downtown Medford. This complex features six one-bedroom, one-bathroom units, each approximately 616 square feet. Two of the six units have been intentionally left vacant, allowing the new owner to place tenants at current market rents. Existing rents range from $700 to $1,000 per month and include water, sewer, garbage, and landscaping services. With its manageable size, this property is ideal for both new and seasoned investors looking to build equity and increase cash flow. The location offers strong rental demand and long-term growth potential, while seller financing provides added flexibility. This is a rare chance to acquire a solid income-producing asset with upside potential in a growing area. Please do not disturb tenants. Showings are by appointment only—call or text the listing agent to schedule a private tour.
Active
$679,500
116 Cottage St, Medford, OR 97504
1beds
0baths
3,696sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$184/sqft
$-- HOA
What's special
Six one-bedroom one-bathroom units
- 6 days
- on Zillow |
- 218 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 11:47am
Listed by:
Land Leader 844-281-4301
Source: Oregon Datashare,MLS#: 220203549

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 0
Heating
- Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Cooktop, Oven, Range Hood, Refrigerator, Water Heater
Features
- Laminate Counters, Solid Surface Counters
- Flooring: Carpet, Laminate
- Windows: Aluminum Frames, Vinyl Frames
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,696
- Total interior livable area: 3,696 sqft
Property
Parking
- Parking features: Gravel, No Garage
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,098.4 Square Feet
- Features: Level
Details
- Parcel number: 10365005
- Zoning description: MFR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Concrete, Frame
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $184/sqft
- Annual tax amount: $6,304
- Date on market: 6/9/2025
- Listing terms: Cash,Conventional,FHA,Owner Will Carry
- Road surface type: Gravel, Paved
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