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Bulk Sale of Eight Katherine Court Condominiums
Medford, Oregon
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PUBLISHED RESERVE: $375,000 / $46,875 per unit
LAST ASKING: $475,000
SIZE: One Bedroom, One Bathroom Units from 650± to 682± Square Feet
ZONING: MFR-20 (Multi-Family Residential, 20 Units per Acre)
PROPERTY INSPECTION: Call Auction Information Office to Arrange – Do Not Disturb Tenants
FINANCING: None – All Cash
DESCRIPTION: These eight bank-owned units are part of the twelve-unit Katherine Court
Condominiums, which was established in 2009. The units are located on West 11th Street in a well-
established area of west Medford. The 11th Street neighborhood consists of similar residential uses
and is easily accessible to schools, shopping, and employment.
The eight cottage-style units were originally built in 1935 using wood frame construction, with wood
siding and composition roofing. Each unit has one bedroom, one bathroom, kitchen, small living area
with fireplace, wood flooring and covered porch. They range in size from 650± - 682± square feet, share
a common courtyard, and have off-alley and street parking. The units are in fair condition and would
benefit from some updating. Three of the units are currently rented on a month-to-month basis for
$600 per unit. Each unit is individually metered for gas and electric.
The project is governed by the Katherine Court Condominium Declaration and associated By-Laws.
Please see Supplemental Information Package. The new owner will become the Successor Declarant.
There is an inactive HOA with no association dues currently in place.
LOCATION: 813 W 11th Street, Units 1, 2, 3, 4 and 825 W 11th Street, Units 1, 2, 3, 5
SEALED BIDS DUE NO LATER THAN 5:00 PM, NOVEMBER 15, 2016
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West 11th Street
West 12th Street
South Peach Street
Newton Street