$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 HomeCurrently 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
-- mins to
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
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MLS Status: Closed |
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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 |
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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 |
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Cumulative Days on Market: 39 |
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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 |
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Price List Price: $1,225,000Price Per Sqft: $216/sqft |
Status Change & Dates Off Market Date: Tue Sep 23 2025 |
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Direction & Address City: Eagle Point |
School Information Elementary School: Hillside ElemJr High / Middle School: Eagle Point MiddleHigh School: Eagle Point High |
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Building Area Building Area: 5240 Square Feet |
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No HOA |
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Lot Area: 0.55 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: 220207774 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
110
2MoM
Around this home
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.
LGBTQ Local Legal Protections
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.

