$650,000

Multi Family In Medford

  • 2,672 Sqft
  • 20,038 Sqft lot
  • Updated: August 7
  • Source:
    Oregon Data Share  MLS#220222394

About the Property

Current cap rate of 8.956% offers strong cash flow performance while recent improvements--including the addition, kitchen upgrades, and fresh paint--help reduce immediate capital expenditure needs. Investment opportunity with multiple income streams and future development potential. This versatile property currently features three rented residential units, four rented RV parking spaces, and six ad
Current cap rate of 8.956% offers strong cash flow performance while recent improvements--including the addition, kitchen upgrades, and fresh paint--help reduce immediate capital expenditure needs. Investment opportunity with multiple income streams and future development potential. This versatile property currently features three rented residential units, four rented RV parking spaces, and six additional RV/boat parking spots with room to increase revenue. Zoned and positioned for future growth, the property can be divided into two separate lots, each allowing up to four units, creating exceptional long-term expansion potential for investors or developers. Rare combination of stabilized income, value-add opportunity, flexible parking/storage revenue, and future density potential in one property.
  • Property type

    Other

  • Year built

    1940

  • Price/sqft

    $243

Features

  • Investment Property
  • Parking

Explore the Area

2921 Table Rock Road, Medford, Oregon, United States View on Google Maps
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eXp Realty, LLC - Medford

Joined 7 months ago
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eXp Realty, LLC - Medford
Oregon, United States
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27
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2026
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eXp Realty, LLC - Medford
Medford, Oregon, United States
View agency profile
Last updated
August 7
First listed
May 30
Listing reference
220222394
Listing status
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