2921 Table Rock RD, Medford, OR 97501
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2921 Table Rock RD, Medford, OR 97501
2921 Table Rock RD, Medford, OR 97501
2921 Table Rock RD, Medford, OR 97501
2921 Table Rock RD, Medford, OR 97501
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Duane Myers

Duane Myers

+1(541) 797-3486
$ 650,000
Est. payment /mo
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Active

2921 Table Rock RD Medford, OR 97501

2,672 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,672 sqft

Price per Sqft $243

Subdivision Garden Acres

MLS Listing ID 220222394

Style Contemporary,Traditional,Other

Year Built 1940

Annual Tax Amount $1,596

Lot Size 0.460 Acres

Acres 0.46

Lot Dimensions 0.46

Property Sub-Type Multi Family

Property Description

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.

Location

State OR

County Jackson

Community Garden Acres

Direction Gps is accurate

Interior

Heating Electric, Forced Air, Natural Gas, Wall Furnace

Cooling Central Air, Heat Pump, Wall/Window Unit(s)

Window Features Double Pane Windows,Vinyl Frames

Exterior

Parking Features Assigned, Driveway, RV Access/Parking, Other

Roof Type Asphalt,Composition,Metal

Building

Lot Description Fenced, Level

Foundation Block, Concrete Perimeter

Water Public

Architectural Style Contemporary, Traditional, Other

Level or Stories One

Structure Type Frame

New Construction No

Schools

High Schools North Medford High

Others

Senior Community No

Tax ID 10486135

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by eXp Realty, LLC

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2921 Table Rock RD