113 Cottage Street, Medford, OR 97504

$2,410,000
Property Type: Residential Income Square Footage: 13,298 Lot Size (sq. ft.): 16,988 Status: Closed
Current Price: $2,410,000 List Date: 9/16/2021 Last Modified: 5/27/2026

Overview

Description

Great East Medford investment opportunity. These are the Cottage House Apartments. This apartment complex includes 19 units comprised of: (18) 1 bedroom/1.0 bath units and (1) studio. Great rental history and professionally managed. Very roomy 1 bedroom units with approx. 720 Sq.Ft. and nice balconies off the living room. Gated entry to the complex with covered parking and individual storage areas. On-site (coin-op) laundry facility for tenant convenience. Low maintenance common area and landscaping with automatic irrigation system. Lots of updates done over the past several years.

Listing Details MLS# 220131922

General Property Information

Property Sub Type
Multi Family
Building Area Total
13298
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
19
Year Built
1964
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
Check with District
Middle Or Junior School
Check with District
High School
Check with District
Zoning
MFR-20
Tax Annual Amount
13250.74
Tax Year
2020
Potential Tax Liability YN
No
Assessment YN
No
CC&R's YN
Yes
Association YN
No
Preferred Escrow Company & Officer
Ticor Title-Susie Baker
FIRPTA YN
No
Sign On Property YN
No

Property Features

Appliances: Cooktop; Disposal; Microwave; Oven; Range Hood; Refrigerator; Water Heater Architectural Style: Other Basement: Exterior Entry; Unfinished Common Walls: 2+ Common Walls Construction Materials: Frame Cooling: Wall/Window Unit(s) Flooring: Carpet; Laminate; Vinyl Foundation Details: Concrete Perimeter Heating: Wall Furnace Interior Features: Ceiling Fan(s); Laminate Counters Levels: Two Roof: Composition Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Unit 1 Rent Includes: Garbage; Sewer; Water Window Features: Aluminum Frames Additional Features: Common Area; Laundry Facility; Separate Electric Meters; Separate Gas Meters Easements: Utilities Utilities: Electricity Connected Flood: N/A Lot Features: Fenced; Landscaped; Level; Sprinkler Timer(s) Parking Features: Asphalt; Attached Carport; Driveway; Gated; Storage; Other Road Frontage Type: Private Access Road Surface Type: Paved View: Territorial Sewer: Public Sewer Water Source: Public Documents on File: Profit and Loss Statement; Rental Agreement Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
113
Street Name
Cottage
Street Suffix
Street
County
Jackson
State
OR
Postal Code
97504
Subdivision Name
Cottage Home Addition

Contract Information

Original List Price
2300000
List Price per SqFt
172.96
Listing Contract Date
2021-09-16

Remarks and Miscellaneous

Public Remarks
Great East Medford investment opportunity. These are the Cottage House Apartments. This apartment complex includes 19 units comprised of: (18) 1 bedroom/1.0 bath units and (1) studio. Great rental history and professionally managed. Very roomy 1 bedroom units with approx. 720 Sq.Ft. and nice balconies off the living room. Gated entry to the complex with covered parking and individual storage areas. On-site (coin-op) laundry facility for tenant convenience. Low maintenance common area and landscaping with automatic irrigation system. Lots of updates done over the past several years.
Directions
Head East on E. Main Street, Right on Cottage Street. Property is located on the Left.

Status Change Information

Close Date
2021-11-30
Under Contract Date
2021-09-26
Status Change Timestamp
2021-12-01
Close Price
2410000
Sold Price per SqFt
181.23

More Information

Unit 1

Unit #
2A
# of Bedrooms
Yes
# Full Baths
Yes
Monthly Rent
895

Unit 5 or More

Unit List Attached
Yes

Parking Details

# of Carports
18

Income and Expenses (Annual Amounts)

Number of Units Leased
19
Listing Office: RE/MAX Integrity
Last Updated: May - 27 - 2026
Information deemed reliable but not guaranteed.