349 W Pine Street, Central Point, OR 97502

$2,950,000
Property Type: Residential Income Square Footage: 22,036 Lot Size (sq. ft.): 58,806 Status: Active
Current Price: $2,950,000 List Date: 5/29/2025 Last Modified: 9/08/2026

Overview

Description

20 unit apartment complex, recreation room, inground pool. Units are single level flats with 2 bedrooms, 1 bath, electric baseboard or ceiling cable heat, wall air conditioner. patio or deck. Rental rates range from $775 to $ 1,195 per month. Tenants are also responsible for their portion of water and sewer expenses which ranges from $58 to $72 per month. There are 5 two story buildings with 4 units in each building. Each unit has approximately 896 square feet. Rental rates produce monthly gross rents of $19,503 and $1,230 reimbursement for water and sewer. Tenants each have 2 parking spaces.

Listing Details MLS# 220202848

General Property Information

Property Sub Type
Multi Family
Building Area Total
22036
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
20
Year Built
1973
Short Term Rental Permit YN
No
New Construction YN
No
Elementary School
Mae Richardson Elem
Middle Or Junior School
Scenic Middle
High School
Crater High
Zoning
R-3
Tax Annual Amount
21129
Tax Year
2025
Potential Tax Liability YN
No
Assessment YN
No
CC&R's YN
Yes
Association YN
No
Preferred Escrow Company & Officer
First American Title - Lori Billings
FIRPTA YN
No
Sign On Property YN
No

Property Features

Accessibility Features: Accessible Bedroom; Accessible Closets; Accessible Doors; Accessible Entrance; Accessible Full Bath; Accessible Hallway(s); Accessible Kitchen Appliances: Dishwasher; Disposal; Oven; Range; Range Hood; Refrigerator; Water Heater Architectural Style: Other Basement: None Common Walls: 2+ Common Walls Construction Materials: Frame Cooling: Wall/Window Unit(s) Flooring: Carpet; Laminate; Vinyl Foundation Details: Stemwall Heating: Baseboard; Electric; Radiant Interior Features: Shower/Tub Combo Levels: One; Two Roof: Composition Security Features: Smoke Detector(s) Window Features: Aluminum Frames; Double Pane Windows; Storm Window(s) Additional Features: Common Area; Laundry Facility; Manager's Quarters; Separate Electric Meters; Separate Water Meters Easements: Utilities Utilities: Cable Available; Electricity Connected; Phone Connected Flood: Unknown Lot Features: Drip System; Landscaped; Level; Sprinkler Timer(s); Sprinklers In Front; Sprinklers In Rear Other Structures: Storage; Other Parking Features: Asphalt; No Garage; Parking Lot Patio and Porch Features: Deck; Patio Pool Features: Fenced; Gunite; In Ground; Outdoor Pool; Pool Sweep Road Frontage Type: Shared Access Road Surface Type: Paved View: Territorial Community Features: Pool Power Production: None Sewer: Public Sewer Water Source: Public Documents on File: Profit and Loss Statement; Schedule of Tenants Listing Terms: Cash; Conventional Special Listing Conditions: Standard

Location Tax and Legal

Street Number
349
Street Dir Prefix
W
Street Name
Pine
Street Suffix
Street
County
Jackson
State
OR
Postal Code
97502
Subdivision Name
N/A

Contract Information

Original List Price
3750000
List Price per SqFt
133.87
Listing Contract Date
2025-05-29

Remarks and Miscellaneous

Public Remarks
20 unit apartment complex, recreation room, inground pool. Units are single level flats with 2 bedrooms, 1 bath, electric baseboard or ceiling cable heat, wall air conditioner. patio or deck. Rental rates range from $775 to $ 1,195 per month. Tenants are also responsible for their portion of water and sewer expenses which ranges from $58 to $72 per month. There are 5 two story buildings with 4 units in each building. Each unit has approximately 896 square feet. Rental rates produce monthly gross rents of $19,503 and $1,230 reimbursement for water and sewer. Tenants each have 2 parking spaces.
Directions
Turn onto W Pine St from Front Street. Property is on the left side of the Street.

Status Change Information

Status Change Timestamp
2025-05-29

More Information

Parking Details

# of Other Parking
41

Income and Expenses (Annual Amounts)

Number of Units Leased
20
Listing Office: Windermere Van Vleet & Assoc.
Last Updated: September - 08 - 2026
Information deemed reliable but not guaranteed.