Investment opportunity with a rare 7% cap rate near restaurants, businesses, and schools. Both units are 2 beds, 1 bath, and fully REMODELED and come with a 2-car garage each. each unit collects $1,575 per month. This property was stripped down to the studs and remodeled inside and out. New wiring, plumbing, insulation, drywall, paint, flooring, fixtures, roof, appliances, and much more! Each unit has a private patio and small fenced area, plus a low maintenance, fenced communal yard in front. Zoned for 2 additional units, this has even further development potential!
Closed
$463,500
622 Hamilton St, Medford, OR 97501
4beds
0baths
1,728sqft
Duplex, Multi Family
Built in 1977
-- sqft lot
$468,900 Zestimate®
$268/sqft
$1,970 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 06, 2025 at 01:37pm
Listed by:
RE/MAX Integrity 541-770-3325
Bought with:
John L. Scott Medford
Source: Oregon Datashare,MLS#: 220186998

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Electric, Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer, Water Heater
Features
- Ceiling Fan(s), Granite Counters, Shower/Tub Combo
- Flooring: Laminate
- Windows: Double Pane Windows
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below
Interior area
- Total structure area: 1,728
- Total interior livable area: 1,728 sqft
Property
Parking
- Parking features: Alley Access, Assigned, Detached, Driveway, On Street, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Exterior features: Courtyard
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood, Territorial
Lot
- Size: 6,969 sqft
- Features: Corner Lot, Landscaped, Level
Details
- Additional structures: Kennel/Dog Run
- Parcel number: 10408454
- Zoning description: SFR-10
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Medford
Other
Other facts
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved