OFF MARKET

Off market dec 2007 for $240K

$457,367

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•

— ba

•

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sq ft

116 N Third St, Central Point, OR 97502

About this home

Opportunity! Just updated 4 plex that pencils. Brand new vinyl windows, exterior paint, interior paint, carpet, vinyl, exterior lighting and blinds. Plus, this property has preliminary approval for 5 townhouses and the blueprints are included in the sale price. All units are 1 bedroom and 1 bath with rents to be $550.00 a month. Off street parking. This property is in the TOD Zone and allows mixed commercial and residential use with potential tax break. Investors, you gotta check this out! One owner is a licensed broker in Oregon.

Multi-familyProperty Type

1952Year Built

7,840 sq ftLot Size

Listed by Shane Elsdon • Oregon Dream Homes

Bought with Jayme Palodichuk • CPM Real Estate Services, Inc.

Redfin checked: a few seconds ago

•Source:MLSCO #102720342

Redfin Estimate

$457,367

$217K since sold in December 2007$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8.4% higher than the average sale price ($422K) of 6 comparable homes.

SOLD SEP 24, 2026
$405,000
A
5 beds2 baths1,820 sq ft
342 Hazel St, Central Point, OR 97502
SOLD SEP 24, 2026
$315,000
B
3 beds1 bath1,224 sq ft
610 S 4th St, Central Point, OR 97502
SOLD JUL 30, 2026
$340,000
C
2 beds1.5 baths960 sq ft
347 N 2nd St, Central Point, OR 97502
SOLD AUG 31, 2026
$419,000
D
— beds— baths1,470 sq ft
441 N 1st St, Central Point, OR 97502
SOLD APR 9, 2026
$640,000
E
8 beds4 baths3,840 sq ft
350 Alder St, Central Point, OR 97502
SOLD OCT 6, 2026
$413,000
F
3 beds2 baths1,344 sq ft
616 Hemlock Ave, Central Point, OR 97502

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Earn from this home

Sell

$330,029

Est. take-home

List your home with Redfin and save $4,574

Market trends in 97502, OR

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.8%

0.4% MoM

Median sale price

$422K

$25K MoM

Avg. days on market

19d

2 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 19 HRS AGO
$749,000
4 beds3 baths2,514 sq ft
5358 Raymond Way, Central Point, OR 97502
$419,000
3 beds2 baths1,521 sq ft
1065 Shayla Ln, Central Point, OR 97502
$380,000
3 beds2 baths1,642 sq ft
202 Kings Way, Central Point, OR 97502
$339,000
3 beds2.5 baths2,679 sq ft
2302 Lara Ln, Central Point, OR 97502
$439,000
3 beds1 bath1,344 sq ft
4101 Merita Ter, Central Point, OR 97502
$325,000
2 beds2.5 baths1,388 sq ft
125 N 6th St, Central Point, OR 97502
OPEN TODAY, 11AM TO 1PM
$349,000
4 beds2 baths1,460 sq ft
1310 Vista Dr, Central Point, OR 97502
OPEN SUN, 1PM TO 3PM
$485,000
3 beds2 baths1,878 sq ft
2300 Savannah Dr, Central Point, OR 97502
$425,000
4 beds2 baths1,672 sq ft
1011 Hermosa Dr, Central Point, OR 97502
$315,000
3 beds1 bath1,011 sq ft
1020 Oak St, Central Point, OR 97502
See all

Provided by Redfin

Sale history for 116 N Third St

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Jackson County

APN

10141007

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 24, 2023.

HMR

High Mix Residential/Commercial District

This is the highest density residential zone intended to be near the center of the TOD district. High density forms of multifamily housing, such as multiplexes or apartments, are encouraged along with complementary ground floor commercial uses. Low impact commercial activities may also be allowed. Low density residential types, including large and standard lot single-family detached housing, are not permitted.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Bed & breakfast
Park & open space

Property details

Interior

Heating & Cooling
Has Heating
Cooling: None
Heating: Electric, Wall Furnace, Other

Multi-Unit Information
# of Units Total: 4
Parking Details: # of Garages: 0
Parking Details: # of Other Parking: 4
Parking Details: # of Carports: 0
Separate Electric Meters: Yes
Separate Water Meters: Yes

Exterior

Exterior Features
Roof: Composition

Building Information
Year Built: 1952
Levels: One
Construction Materials: Block, Concrete

Property Information
Property Type: Residential Income
Property Sub Type: Quadruplex

Lot Information
Lot Size Sq. Ft.: 7840.8
Lot Size Acres: 0.18
Lot Size Area: 0.18
Lot Size Units: Acres
Zoning Description: C-2

Financial

Tax Information
Tax Annual Amount: 1632.0
Tax Year: 6

Financing Information
Buyer Financing: Conventional

Location

School Information
Middle Or Junior School: Scenic Middle

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Jackson County
APN: 10141007

Home facts updated by county records on Sep 24, 2023

Around this home

Schools

Jewett Elementary School

Public K-5 • Assigned • 0.4mi

5/10

Scenic Middle School

Public 6-8 • Assigned • 0.8mi

5/10

Crater Renaissance Academy

Public 9-12 • Assigned • 0.4mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

2% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 99° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

31 unhealthy days expected this year, 32 days in 30 years

Provided by First Street

Historical weather

Central Point, OR • 97502

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 12.2 hours in June and 2.4 hours in December, placing it above the U.S. average for solar exposure.

12.2 hrs

2.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$435,000 – $526,000

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Nearby similar homes

$525,000

4 beds2 baths2,254 sq ft

1439 SW Kellenbeck Ave, Grants Pass, OR 97527

OPEN SUN, 12PM TO 2PM

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1988 Skypark, Medford, OR 97504

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Land— sq ft

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New listings for sale in 97502

NEW 19 HRS AGO

$749,000

4 beds3 baths2,514 sq ft

5358 Raymond Way, Central Point, OR 97502

$419,000

3 beds2 baths1,521 sq ft

1065 Shayla Ln, Central Point, OR 97502

$380,000

3 beds2 baths1,642 sq ft

202 Kings Way, Central Point, OR 97502

$339,000

3 beds2.5 baths2,679 sq ft

2302 Lara Ln, Central Point, OR 97502

$439,000

3 beds1 bath1,344 sq ft

4101 Merita Ter, Central Point, OR 97502

$325,000

2 beds2.5 baths1,388 sq ft

125 N 6th St, Central Point, OR 97502

OPEN TODAY, 11AM TO 1PM

$349,000

4 beds2 baths1,460 sq ft

1310 Vista Dr, Central Point, OR 97502

OPEN SUN, 1PM TO 3PM

$485,000

3 beds2 baths1,878 sq ft

2300 Savannah Dr, Central Point, OR 97502

$425,000

4 beds2 baths1,672 sq ft

1011 Hermosa Dr, Central Point, OR 97502

Home values near 116 N Third St

Data from public records.

Address	Redfin Estimate
150 North 3rd St, Central Point, OR 2 Beds \| 1 Baths \| 864 Sq. Ft.	$267,549
145 North 3rd St, Central Point, OR 2 Beds \| 1 Baths \| 872 Sq. Ft.	$331,060

Address	Redfin Estimate
152 North 3rd St, Central Point, OR 2 Beds \| 1 Baths \| 864 Sq. Ft.	$238,605
126 North 3rd St, Central Point, OR 2 Beds \| 2 Baths \| 1035 Sq. Ft.	—

Address	Redfin Estimate
159 North 3rd St, Central Point, OR 3 Beds \| 2 Baths \| 2416 Sq. Ft.	$474,644
234 Manzanita St, Central Point, OR - Beds \| - Baths \| - Sq. Ft.	$329,187

Property information provided by MLSCO when last listed in 2007. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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