About 108 N Columbus Avenue
Well-maintained triplex with recent updates and strong income potential. Property features two attached 1 bed/1 bath units and one detached 2 bed/1 bath unit, offering a versatile unit mix for tenants. Units 1 and 2 have been extensively refreshed with mini-splits, new interior paint, flooring and carpet, updated kitchen cabinets, countertops, sinks, lighting, and bathroom sink/plumbing improvements. All three units received a new roof in 2023, providing peace of mind for years to come. Separate gas and electric meters help simplify property management and tenant billing. Currently generating $39,120 in annual gross income. Under current operating performance, the property projects to a stabilized CAP Rate just under 8.86% based on trailing expense run-rate. A great opportunity for investors seeking a turnkey income-producing property with recent capital improvements already completed.
Features of 108 N Columbus Avenue
| MLS® # | 220223684 |
|---|---|
| Price | $357,000 |
| Acres | 0.11 |
| Year Built | 1906 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Bungalow |
| Status | Active |
Community Information
| Address | 108 N Columbus Avenue |
|---|---|
| Subdivision | Bryant Addition |
| City | Medford |
| County | Jackson |
| State | OR |
| Zip Code | 97501 |
Amenities
| Parking | Alley Access, On Street |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Built-in Features, Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Shower/Tub Combo |
|---|---|
| Appliances | Dryer, Range, Refrigerator, Washer, Water Heater |
| Heating | Baseboard, Ductless, Natural Gas, Wall Furnace, Zoned |
| Cooling | Ductless, Zoned, None |
| Fireplace | No |
| Stories | One |
| Basement | None |
Exterior
| Lot Description | Fenced, Level |
|---|---|
| Windows | Aluminum Frames, Vinyl Frames |
| Roof | Composition |
| Construction | Frame |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Jackson Elem |
|---|---|
| Middle | McLoughlin Middle |
| High | South Medford High |
Additional Information
| Date Listed | June 18th, 2026 |
|---|---|
| Days on Market | 90 |
| Zoning | SFR-10 |
Listing Details
| Office | John L Scott Real Estate Grants Pass |
|---|