Home » 431 N 5th Street, Central Point, OR 97502 (MLS # 220206099)
431 N 5th Street, Central Point, OR 97502 (MLS # 220206099)
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.
Property Type(s):
Single Family
Last Updated
|
7/18/2025
|
Tract
|
N/A
|
Year Built
|
1953
|
County
|
Jackson
|
SCHOOLS
Elementary School |
Jewett Elem |
Jr. High School |
Scenic Middle |
High School |
Crater High |
Additional Details
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
Cooktop, Dishwasher, Range, Refrigerator, Water Heater |
CONSTRUCTION |
Frame |
EXTERIOR |
Garden |
FIREPLACE |
Yes |
FOUNDATION |
None |
HEAT |
Forced Air, Geothermal |
INTERIOR |
Laminate Counters |
LOT |
7841 sq ft |
LOT DESCRIPTION |
Garden, Landscaped |
PARKING |
Alley Access, Detached Carport, Driveway, Gravel |
SEWER |
Public Sewer |
STORIES |
1 |
STYLE |
Ranch |
SUBDIVISION |
N/A |
TAXES |
3097.66 |
VIEW |
Yes |
VIEW DESCRIPTION |
Neighborhood |
WATER |
Public |
ZONING |
R-2 |
Listed with John L. Scott Medford
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