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

247 Lorraine Ave
Eagle Pt, OR 97524

  • Studio
  • 5,240 sqft (on 0.55 acres)

$1,130,000

Last Sold: Nov 26, 2025
8% below list $1.23M
$216/sqft
Est. Refi. Payment $6,394/mo*
Refinance Your Home

$1,130,000

Last Sold: Nov 26, 2025
8% below list $1.23M
$216/sqft
Est. Refi. Payment $6,394/mo*
Refinance Your Home
Studio
5,240 sqft
(on 0.55 acres)

Homes for sale near 247 Lorraine Ave

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Apartments for Rent

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Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from November 26, 2025

Home Highlights

Parking
Open Parking
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$216/sqft
Listed
180+ days ago

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
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

Price History for 247 Lorraine Ave

DatePriceEventSource
11/26/2025$1,130,000Sold
Oregon Datashare #220207774
09/24/2025$1,225,000PendingOregon Datashare #220207774
09/07/2025$1,225,000PriceChange
Oregon Datashare #220207774
08/15/2025$1,250,000Listed For SaleOregon Datashare #220207774
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Comparable Sales for 247 Lorraine Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
323 S Shasta Ave, Eagle Point, OR
0.35
Multi-Family Home
$688,000
11/18/25
10
2
4,271
200 N Shasta Ave, Eagle Point, OR
0.63
Multi-Family Home
$1,600,000
12/16/25
8
3
8,884
71 Tracy Ave #71 & 73, Eagle Pt, OR
0.26
Multi-Family Home
$415,000
04/30/26
4
2
2,184
804 S Shasta Ave, Eagle Point, OR
0.40
Multi-Family Home
$320,000
12/12/25
4
2
1,556
141 Neva St, Eagle Point, OR
0.58
Multi-Family Home
$425,000
10/06/25
4
4
2,238
133 Neva St, Eagle Pt, OR
0.57
Multi-Family Home
$406,986
10/06/25
4
4
1,109
3963 Arrowhead Dr, Medford, OR
7.04
Multi-Family Home
$785,000
07/01/25
10
3
4,874
1546 Skyhawk Rdg, Medford, OR
7.22
Multi-Family Home
$508,000
07/15/25
4
4
1,987

Assigned Schools

These are the assigned schools for 247 Lorraine Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Eagle Point

At least 51 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 89 % 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 kids play outside

  • 63 % Say there's wildlife

  • 63 % Say streets are well-lit

  • 61 % Say neighbors are friendly

  • 55 % Say it's walkable to grocery stores

  • 45 % Say it's walkable to restaurants

  • 45 % Say they plan to stay for at least 5 years

  • 37 % Say there are community events

Learn more about our methodology.
  • Learning Laura
    "We are a Eagle point ZIP Code, but a Shadycove location. Very rural very loyal neighborhood wouldn’t trade it for anything. "
    1
    Flag
  • Whitney Bohannan
    "Feels like small town America, but only a few minutes from mountains or Medford. I enjoy living out here."
    0
    Flag
  • 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."
    1
    Flag
  • Beccas.spot73
    "I use back roads & love it!!! The drive is relaxing & scenic vs express-way (not so express) & stop & go...................."
    0
    Flag
  • Allymsummers
    "This city of eagle point has a good dog walking environment, especially up in the subdivision houses area"
    0
    Flag
  • 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. "
    0
    Flag
  • 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..."
    0
    Flag
  • Steve H.
    "People are friendly and welcoming. If needed you can easily get a neighbor to help you with almost anything "
    0
    Flag
  • Myswitz
    "I have lived in Eagle Point for almost six years and love our home and neighborhood. It is a terrific locale. "
    0
    Flag
  • 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 "
    1
    Flag
  • Myswitz
    "I love living in this community. My wife and I have a lovely home and our neighbors are very friendly. "
    0
    Flag
  • Kiegraphics
    "Lots of good hills for walking exercise. Schools are within walking distance. Not a great place for dining out. "
    0
    Flag
  • 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."
    0
    Flag
  • 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! "
    0
    Flag
  • Angela
    "I spent 25 years in the Rogue Valley, it's the greatest place on earth!"
    0
    Flag
  • 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!"
    0
    Flag

LGBTQ Local Legal Protections

© 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 2026-05-09 08:05:17 PDT

Homes for rent near 247 Lorraine Ave

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Off Market Homes Near 247 Lorraine Ave

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Explore by feature

247 Lorraine Ave, Eagle Pt, OR 97524 is a studio, 5,240 sqft multi-family built in 1977. This property is not currently available for sale. 247 Lorraine Ave was last sold on Nov 26, 2025 for $1,130,000 (8% lower than the asking price of $1,225,000).