$375,000

431 N 5th Street, Central Point, OR 97502

  • 3 beds |
  • 2 baths |
  • 1,748 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $215/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

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.

Listing Status:
Active
Date Added:
July 18, 2025 at 05:00AM
Listing Office:
John L. Scott Medford : 541-779-3611
MLS ID:
220206099
  • General: Laminate CountersShower/Tub Combo
  • Appliances: CooktopDishwasherRangeRefrigeratorWater Heater
  • Basement: None
  • Flooring: CarpetLaminate
  • A/C: Central Air
  • Heating: Forced AirGeothermal
  • Fireplace: Wood BurningFireplace

This listing courtesy of John L. Scott Medford

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jewett Elementary School

1001 Manzanita St, Central Point, OR, 97502

Grades KG-5

0.43 miles away

S

Scenic Middle School

1955 Scenic Ave, Central Point, OR, 97502

Grades 6-8

0.52 miles away

C

Crater School of Business Innovation and Science

655 N 3rd St, Central Point, OR, 97502

Grades 9-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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