247 Lorraine Ave, Eagle Pt, OR 97524
Property image
Property image
SOLD
NOV 26, 2025

$1,130,000

Last sold price
  • Studio
  • 5,240 sqft (on 0.55 acres)

247 Lorraine Ave, Eagle Pt, OR 97524

Est. Refi. Payment $6,513/mo*
Refinance Your Home
Currently Off Market - Sold Nov 26, 2025 for $1,130,000 (8% below list price)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.35
Multi-Family Home
$688,000
11/18/25
10
2
4,271
0.63
Multi-Family Home
$1,600,000
12/16/25
8
3
8,884
0.26
Multi-Family Home
$415,000
04/30/26
4
2
2,184
0.33
Multi-Family Home
$345,000
07/07/26
4
2
1,484
0.40
Multi-Family Home
$320,000
12/12/25
4
2
1,556
0.58
Multi-Family Home
$425,000
10/06/25
4
4
2,238
0.57
Multi-Family Home
$406,986
10/06/25
4
4
1,109
7.51
Multi-Family Home
$519,000
03/12/26
4
3.5
1,994

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.06
$180,000
2
1
792
Recently Sold
0.06
$332,290
3
2
1,344
Recently Sold
0.08
$383,000
4
2
1,455
Recently Sold
0.06
$440,000
3
2
1,588
For Sale
0.07
$328,200
3
2
1,122
Off Market
0.10
-
2
2
1,104
Off Market
0.12
$309,000
3
2
1,192
Recently Sold
0.09
$319,900
3
2
1,122
For Sale
0.12
$324,200
3
1
1,496
Off Market
0.13
$376,700
3
2
1,595
Off Market
0.14
$360,700
3
2
1,350
Off Market

Local Information

  • Map ViewExplore the area around 247 Lorraine Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1977
Lot Size
0.55 acres
Living Area
5,240 sqft
Price/Sqft
$216/sqft
Parking
Open Parking

About this House

Exclusively presented for sale - 247 Lorraine Avenue - a clean, rare 8-unit apartment complex in Eagle Point, Oregon (the ''Property''). The Property presents an opportunity to step into established asset in a mature neighborhood, in a sub-market with limited competition and almost zero transactions of apartment complexes for years. The Property is sited on a flat, .55-acre landscaped lot, and consists of two, single-level fourplex buildings and (8) 1-bed / 1-bath efficient units. Once the single vacant unit is leased, the Property will produce nearly $10,000/month in gross income. Located in a quiet, mature area, the Property is close to multiple schools, parks, employers, and much more, and is an attractive opportunity to unlock significant value in beautiful Eagle Point - contact brokers for more info!
247 Lorraine Ave, Eagle Pt, OR 97524 is a studio, 5,240 sqft multi-family built in 1977. It last sold for $1,130,000 on Nov 26, 2025 (8% below the $1,225,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,595/month.
Last check for updates: about 3 hours ago
Listed by Merit Commercial RE, LLC, (541) 608-6704
Bought with: eXp Realty, LLC, (888) 814-9613
Source: Oregon Datashare, MLS#220207774

Home Details for 247 Lorraine Ave

Active Status

MLS Status: Closed

Interior Features

Heating & Cooling
Heating: Wall FurnaceHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Wall Furnace
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, VinylCommon Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: PatioFoundation: Slab
Parking & Garage
No CarportNo Attached GarageHas Open ParkingParking: Asphalt,On Street,Parking Lot
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 39

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Traditional
Building
Not a New ConstructionNo Additional Parcels
Property Information
Not Included in Sale: Tenant personal property.Parcel Number: 10571874

Price & Status

Price
List Price: $1,225,000Price Per Sqft: $216/sqft
Status Change & Dates
Off Market Date: Tue Sep 23 2025

Location

Direction & Address
City: Eagle Point
School Information
Elementary School: Hillside ElemJr High / Middle School: Eagle Point MiddleHigh School: Eagle Point High

Building

Building Area
Building Area: 5240 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.55 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 220207774

Price and Tax history

DateEventPrice
Nov 26, 2025
Source: Oregon Datashare #220207774
Sold
$1,130,000
Sep 24, 2025
Source: Oregon Datashare #220207774
Pending
$1,225,000
Sep 7, 2025
Source: Oregon Datashare #220207774
PriceChange
$1,225,000
Price decreased by 2%
Aug 15, 2025
Source: Oregon Datashare #220207774
Listed For Sale
$1,250,000

Market trends in Eagle Point

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
110
2
MoM

What Locals Say about Eagle Point

At least 52 Trulia users voted on each feature.
  • 90 % Say car is needed

  • 90 % Say parking is easy

  • 88 % Say it's dog friendly

  • 82 % Say there are sidewalks

  • 79 % Say yards are well-kept

  • 74 % Say it's quiet

  • 71 % Say people would walk alone at night

  • 71 % Say there's holiday spirit

  • 64 % Say there's wildlife

  • 64 % Say streets are well-lit

  • 63 % Say kids play outside

  • 61 % Say neighbors are friendly

  • 54 % Say it's walkable to grocery stores

  • 46 % Say they plan to stay for at least 5 years

  • 44 % Say it's walkable to restaurants

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Learning Laura
    "We are a Eagle point ZIP Code, but a Shadycove location. Very rural very loyal neighborhood wouldnโ€™t trade it for anything. "
  • Whitney Bohannan
    "Feels like small town America, but only a few minutes from mountains or Medford. I enjoy living out here."
  • Angelina M.
    "Great community dog park. There is a nice walking path to walk your dog along the Eagle Point Golf Resort. This is a very four legged community."
  • Beccas.spot73
    "I use back roads & love it!!! The drive is relaxing & scenic vs express-way (not so express) & stop & go...................."
  • Allymsummers
    "This city of eagle point has a good dog walking environment, especially up in the subdivision houses area"
  • Trulia User
    "4th of July parade and community dance. Fireworks also held at the high school. A community barbeque is also held during the early summer to thank our police force. "
  • Tim W.
    "eagle point is a quite little place to live. down is small with shops and restaurants, Walmart is located on hwy 62. farmers market durning the summer, as well as a community yard sale every year..."
  • Steve H.
    "People are friendly and welcoming. If needed you can easily get a neighbor to help you with almost anything "
  • Myswitz
    "I have lived in Eagle Point for almost six years and love our home and neighborhood. It is a terrific locale. "
  • Steve H.
    "We have lived in the same area for 7 years. I work in Medford and my wife works in Eagle Point. We love the neighborhood and all our Neighbors "
  • Myswitz
    "I love living in this community. My wife and I have a lovely home and our neighbors are very friendly. "
  • Kiegraphics
    "Lots of good hills for walking exercise. Schools are within walking distance. Not a great place for dining out. "
  • Benjamin S.
    "we love eagle point for the small town feel and the common decency on the citizens. In Eagle Point we feel as if the community still has the heart to speak up when something is wrong."
  • Noreen M.
    "We live & have a business here. Traffic is minimal. Kids in are area are respectful. Come watch the eagles fly over while you take a walk to the local bakery or walk your dogs to the local park! "
  • Angela
    "I spent 25 years in the Rogue Valley, it's the greatest place on earth!"
  • Lavida
    "Shady Cove is a great little community, with friendly residents. The community is made up of various ages, from retirees, to newlyweds and families with children and single parents. The schools here are amazing, even though they are public schools, in the District 9 , it is as if your children are in a private school, where teachers are able to give more one on one attention to your child. We also, have amazing children and teenagers here and I believe it comes from being raised in this wonderful community. Shady Cove is the pretty much the last stop on the map, before heading up to Crater Lake National Park, or for those seeking the entertainment of floating down the river in the summer time, so we get a lot of tourist through here all year long. We are only 18 miles out of Medford, but well worth the commute!"

LGBTQ Local Legal Protections

ยฉ 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2026-08-26 13:22:32 PDT

Frequently asked questions about 247 Lorraine Ave

  • What is the price history for 247 Lorraine Ave?
    247 Lorraine Ave in Eagle Pt, OR last sold for $1,130,000 in November 2025.
  • Is Eagle Pt a buyer's or seller's market?
    Eagle Pt is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Eagle Pt?
    Residents describe Eagle Pt, OR as easy to park in, dog-friendly, and pedestrian-friendly. See recently sold homes in Eagle Pt, OR.
  • What are the closest schools to 247 Lorraine Ave?
    The closest schools to 247 Lorraine Ave in Eagle Pt, OR are Eagle Point High School (rated 7/10), Eagle Point Middle School (rated 5/10), Hillside Elementary (rated 4/10).
  • Does 247 Lorraine Ave have air conditioning?
    Yes, 247 Lorraine Ave in Eagle Pt, OR has air conditioning.
  • Does 247 Lorraine Ave have parking?
    Yes, 247 Lorraine Ave in Eagle Pt, OR has on-site parking.

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