42.337316 -122.843715
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Listed by eXp Realty, LLC, Rockwell Group.

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1808 Spring StreetMedford, OR 97504

Active
$1,699,000
0
0 SqFt

This fantastic investment opportunity features a total of 10 units--comprised of 8 stick-built homes plus a duplex--all situated on over 2 acres of commercially zoned land in East Medford. This unique property offers incredible potential for future development. Most units have been refreshed with modern updates, providing a sophisticated mix of stabilized income and untapped value-add upside. Each unit is individually metered for electricity, significantly enhancing management efficiency and tenant accountability. The property is perfectly located in a highly desirable area near parks, dining, and shopping, while still offering a sense of privacy with mature trees surrounding the grounds. With a 6.7% cap rate and long-term growth potential, this is an excellent opportunity for investors seeking a well-positioned, income-producing rental portfolio with scalability. The commercial zoning and large acreage make this a true standout for those looking to expand their real estate footprint.


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
    Ranch
  • Bedrooms:
  • Bathrooms:
    0
  • Dwelling Size:
    0 SqFt
  • Lot Size:
    2.24 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1947
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces:
    Features: Driveway
  • Area:
  • Views:
  • Schools:
    High School(s): South Medford High
    Middle School(s): Hedrick Middle
    Elementary School(s): Lone Pine Elem
  • HOA:
  • Senior Community:
  • Heating:
    Electric,Heat Pump
  • Cooling:
    Central Air,Heat Pump,Wall/Window Unit(s)
  • Appliances:
    Cooktop, Dishwasher, Oven, Refrigerator
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
    Block,Pillar/Post/Pier,Other
  • Roof:
    Composition

LOCATION


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Listing Office: eXp Realty, LLC. Listing Agent: Rockwell Group. Listing ID: 220217466

Last Updated May 27, 2026 1:58 PM
Data last checked against Oregon DataShare on June 11, 2026 12:52 AM

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