407-409 S Shasta Ave

Investment opportunity with two homes on one lot in Eagle Point offering immediate income potential, flexible living options, and long term upside. This is an excellent opportunity for an investor seeking steady rental income, a buyer looking to live in one home while offsetting expenses by renting the other, or someone wanting added versatility for multigenerational living, guest space, or a dual residence setup. With one unit currently rented and the other vacant and ready for market rents, the property offers both current stability and immediate upside, while also creating a rare chance for an owner occupant to enjoy independent living with built in income potential.

407 Shasta is currently tenant occupied and features a single level 2 bedroom, 1 bathroom layout. This wood frame home includes a refrigerator and range, with the tenant paying all utilities for added owner efficiency. Interior features include carpet and vinyl flooring, cadet heaters, a functional kitchen, laundry area, good storage, and slab foundation construction. Outside, the home offers a large fenced side and backyard along with gravel parking, creating practical everyday use and appealing outdoor space.

409 Shasta is vacant and ready for a new tenant at market rents, creating immediate income opportunity from day one. This single level wood frame home offers 2 bedrooms and 1 bathroom with a practical layout that includes a kitchen, living room, and large laundry area. Appliances include a cooktop, oven, and refrigerator. Interior finishes include carpet and vinyl flooring with cadet heaters for zoned comfort. The fenced backyard, cute front yard, and covered front porch add charm and functionality, making this an appealing rental option or a comfortable primary residence for an owner who wants to live onsite while generating income from the second home.

Located in the heart of Eagle Point, this property benefits from a community known for its small town charm, welcoming atmosphere, and convenient access to the greater Rogue Valley. Eagle Point offers a balance of slower paced living and everyday convenience, with local schools, parks, shopping, and dining nearby. The area is well known for outdoor recreation, including access to the Rogue River, Lost Creek Lake, hiking, fishing, and other year round adventures. Eagle Point is also home to a well regarded golf course and offers a strong sense of community pride, all while being just a short drive to Medford for expanded amenities, medical services, and regional employment.