Imagine owning a rental property that not only generates income but also offers the flexibility and independence of two separate units. Main House: 3-bedroom, 1-bathroom home has a newer oven and dishwasher. Guest House: A large studio with its own bathroom and kitchen, complete with washer and dryer hook-ups. Both units already produce income and were raised in April 2025 but can support future increases for current rental demand. Utilities: Each unit has its own parking area, electrical meter, and sewer line. There is a shared water line managed by Central Point Water Services. Both units have their own fenced yards, providing a safe and enjoyable outdoor area for tenants. This property not only meets the needs of today's renters but also positions you for future growth in a thriving rental market. Whether you're looking to build equity or generate passive income this property offers a financially responsible pathway to achieving your investment goals.
Active
$375,000
431 N 5th St, Central Pt, OR 97502
3beds
2baths
1,748sqft
Est.:
Single Family Residence
Built in 1953
7,840.8 Square Feet Lot
$367,100 Zestimate®
$215/sqft
$-- HOA
What's special
Own fenced yardsWasher and dryer hook-upsOwn parking areaNewer oven and dishwasher
- 15 days
- on Zillow |
- 824 |
- 41 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 02:30pm
Listed by:
John L. Scott Medford 541-779-3611
Source: Oregon Datashare,MLS#: 220206099

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Geothermal
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Range, Refrigerator, Water Heater
Features
- Laminate Counters, Shower/Tub Combo
- Flooring: Carpet, Laminate
- Windows: Aluminum Frames
- Basement: None
- Has fireplace: Yes
- Fireplace features: Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,244
- Total interior livable area: 1,748 sqft
Property
Parking
- Parking features: Alley Access, Detached Carport, Driveway, Gravel
- Has carport: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,840.8 Square Feet
- Features: Garden, Landscaped
Details
- Additional structures: Guest House
- Parcel number: 10139246
- Zoning description: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1953
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: Central Pt
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $301,800
- Annual tax amount: $3,097
- Date on market: 7/18/2025
- Listing terms: Cash,Conventional
- Inclusions: Main house: Oven, refrigerator, dishwasher, stove-top, water heater. Studio Apart: Range/oven, refrig, water heater
- Exclusions: Tenants personal property which includes window coverings.
- Road surface type: Gravel, Paved
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