431 N 5th Street, Central Point, OR 97502
- 3 beds |
- 2 baths |
- 1,748 sqft
Single-Family Home
Built in 1953
7,841sqft lot
—— car garage
$215/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Jewett Elementary School
1001 Manzanita St, Central Point, OR, 97502
Grades KG-5
0.43 miles away
Scenic Middle School
1955 Scenic Ave, Central Point, OR, 97502
Grades 6-8
0.52 miles away
Crater School of Business Innovation and Science
655 N 3rd St, Central Point, OR, 97502
Grades 9-12
0.19 miles away