176 Reager St

Medford, OR 97501

$1,650,000
Price
—
Beds
—
Baths
5,966 Sq. Ft.
$277 / Sq. Ft.
5,966
Sq. Ft.
$277
per Sq. Ft.

Description

Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of...Great offering - Investor Opportunity! Expansive 1.06-acre parcel with country rural feeling, right in the city! 8 single level units comprised of one triplex, two duplexes and a single wide manufactured home. Good numbers and good tenants. Well managed by owner over the past 26 years and many upgrades completed. New exterior paint for all of the multiplex units over the past 30 days. These units are clean with NO carpeting, all flooring is hardwood, laminate or vinyl. Nice interior spaces. End of the road location creates a private setting. Zoned SFR-OO, Check with city for additional development potential. 6.6% cap rate. One seller is a licensed Real Estate agent in Oregon.
  1. Listed by Patricia Millen • Millen Property Group

Property Details for 176 Reager Street

Subdivision
West Medford
Parking Features
Driveway, Garage
Zoning
SFR-00
View
Territorial
Garage Spaces
.00
Parking Total
10.00
LISTING UPDATED: 12/22/2025 04:28 PM

Property Details for 176 Reager Street

StatusActive
MLS #166559679
Days on Market8
Taxes$8,163 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1940
Lot Size-
CountyJackson County

Location

Listing Courtesy of Millen Property Group
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Building Information for 176 Reager Street

Stories1Residences9Year Built1940Building Size-Lot Size-

Payment Calculator

$8,833 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,153

Property Taxes

$680

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 176 Reager Street

Summary
Location and General Information
  • Country: US
  • Directions: West Main St
  • Road Surface: Paved
School Information
  • Elementary School: Oak Grove
  • High School: South Medford
  • Middle Or Junior School: Mc Loughlin
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $8,163.00
  • Parcel Number: 10451483
  • Parcel Number 2: 10451483
  • Tax Legal Description: 372W26AD &
Property
Lot Information
  • Lot Description: Level, Public Road
  • Lot Size Range: Sq Ft5000to6999
  • Lot Size: 5,000 to 6,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1940
Utilities
  • Cooling Description: Central Air, Window Unit
  • Fuel Description: Electricity, Gas
  • Heating Description: Forced Air, Wall Furnace
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection
Interior and Exterior Features
Exterior Features
  • Exterior Description: Metal Siding, Wood Siding
  • Roof Type: Composition, Membrane, Shingle
Interior Features
  • Basement: None
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
  • Gross Income Actual: $136,056.00
  • Gross Rent Multiplier: $12.13
  • Investor Information: According To Owner, Profit Loss Statement
  • Net Income Actual: $102,798.00
  • Operating Expense: $33,349.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7, Unit Type Type8, Unit Type Type9
  • SqFt Approximate Building Total: 5966
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Range, Refrigerator, Unfurnished, Wood Floors
  • Unit Type 1 Rent: $1,165
  • Unit Type 1 SqFt: 465.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Range, Refrigerator, Unfurnished, Wood Floors
  • Unit Type 2 Rent: $1,050
  • Unit Type 2 SqFt: 530.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Range, Refrigerator, Unfurnished
  • Unit Type 3 Rent: $1,095
  • Unit Type 3 SqFt: 530.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Baths Decimal: 1.00
  • Unit Type 4 Beds Total: 1
  • Unit Type 4 Features: Range, Refrigerator, Unfurnished, Wood Floors
  • Unit Type 4 Rent: $1,190
  • Unit Type 4 SqFt: 690
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Baths Decimal: 1.00
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Range, Refrigerator, Unfurnished, Wood Floors
  • Unit Type 5 Rent: $1,480
  • Unit Type 5 SqFt: 530.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Baths Decimal: 1.00
  • Unit Type 6 Beds Total: 1
  • Unit Type 6 Features: Range, Refrigerator, Unfurnished, Wood Floors
  • Unit Type 6 Rent: $941
  • Unit Type 6 SqFt: 485.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 1
  • Unit Type 7 Baths Decimal: 1.00
  • Unit Type 7 Beds Total: 1
  • Unit Type 7 Features: Range, Refrigerator, Unfurnished, Wood Floors
  • Unit Type 7 Rent: $1,145
  • Unit Type 7 SqFt: 485
  • Unit Type 7 Units Total: 1
Unit 8 Information
  • Unit Type 8 Baths Total: 1
  • Unit Type 8 Baths Decimal: 1.00
  • Unit Type 8 Beds Total: 2
  • Unit Type 8 Features: Refrigerator, Unfurnished
  • Unit Type 8 Rent: $1,275
  • Unit Type 8 SqFt: 800.0
  • Unit Type 8 Units Total: 1
Unit 9 Information
  • Unit Type 9 Baths Total: 1
  • Unit Type 9 Baths Decimal: 1.00
  • Unit Type 9 Beds Total: 3
  • Unit Type 9 Features: Air Conditioning, Fireplace, Unfurnished, Wood Floors
  • Unit Type 9 Rent: $1,997
  • Unit Type 9 SqFt: 1510.0
  • Unit Type 9 Units Total: 1

Public Records for 176 Reager Street

Taxable ValueLand$101,630Additions$89,750Total$191,380
Tax Record2024$2,859 ($238 / month)
Home Facts
Beds3Total Finished SqFt1,510 SqFtAbove Grade Finished SqFt1,510 SqFtStories1Lot Size54,886 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1960ZoningSR-2.5CountyJACKSONAPN1-0451483Fireplace TypeHas Fireplace

Schools near 176 Reager Street

This home is within Medford School District 549c.
Rating
School
Type
Grades
Distance
Oak Grove Elementary School
Public - K to 6
Mcloughlin Middle School
Public - 6 to 8
South Medford High School
Public - 9 to 12
Kids Unlimited Academy
Charter - PK to 8
Rating
School
Distance
Oak Grove Elementary School
PublicK to 6

Mcloughlin Middle School
Public6 to 8

South Medford High School
Public9 to 12

Kids Unlimited Academy
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 176 Reager Street, Medford, OR 97501

176 Reager Street is a multi-family home for sale in Medford, OR 97501. This property was listed for sale on December 22, 2025 by Millen Property Group, it's currently listed at $1,650,000. This listing's school district is Medford School District 549c. Nearby schools include Oak Grove Elementary School, Mcloughlin Middle School and South Medford High School. 176 Reager Street is a 0-bed, 0-bath, 5,966 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Millen Property Group

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2025 RMLS, Portland, Oregon. Last updated: 12/22/2025 04:28 PM