$395,000
$55K PRICE DROP

Estimated payment $2,285/month

Total Views 10,636
5 Beds
3 Baths
2,124 Sq Ft
$186 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Neighborhood Views
  • 1-Story Property
  • No HOA
  • Shed
  • Fenced

About This Home

Rare Investment Opportunity in the Heart of Medford!
This fully rented triplex offers immediate and increasing cash flow with total rents rising to $950, $1,200, and $1,400 in December—a projected monthly gross of $3,550. With 2,124 sq ft of total living space on a 0.14-acre lot, this property features three well-maintained units, all sharing a fenced backyard and off-street parking. Originally built in 1910, it retains its classic charm while offering stable rental income. Whether you're expanding your portfolio or entering the investment market, this is a rare opportunity with strong upside potential in a desirable Medford location. Don't miss it!

Listing Agent

Steve Thomas Group

eXp Realty, LLC License #201221244 Listed on: 02/04/2026

Co-Listing Agent

Steve Thomas

eXp Realty, LLC License #201221244

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Fenced

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Neighborhood Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Olson Addition Subdivision

Listing and Financial Details

  • Tax Lot 4600
  • Assessor Parcel Number 10394842

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,290

Year Built

Built in 1910

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Architectural Style: Traditional
  • Unit Levels: One
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Triplex
  • Road Frontage Type: Shared Access
  • Road Surface Type: Paved
  • Subdivision Name: Olson Addition
  • Year Built: 1910
  • Co List Office Mls Id: orEXP5
  • Co List Office Phone: 888-814-9613
  • Co List Office Phone: 888-814-9613
  • MLS Status: Active
  • General Property Information Audio Surveillance on Premises YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate

Exterior Features

  • Common Walls: 1 Common Wall
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Slab
  • Lot Features: Fenced
  • Other Structures: Shed(s)
  • Roof: Composition
  • View: Neighborhood

Garage/Parking

  • Parking Features: Driveway, On Street
  • Attached Garage: No

Utilities

  • Cooling: None
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6098.4
  • Parcel #: 10394842
  • ResoLotSizeUnits: Acres
  • Zoning Description: SFR-10

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2290.09
  • Tax Lot: 4600
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $2,339 $162,630 -- --
2025 $2,290 $157,900 $67,530 $90,370
2024 $2,290 $153,310 $65,570 $87,740
2023 $2,220 $148,850 $63,660 $85,190
2022 $2,166 $148,850 $63,660 $85,190
2021 $2,110 $144,520 $61,810 $82,710
2020 $2,065 $140,320 $60,020 $80,300
2019 $2,017 $132,280 $56,570 $75,710
2018 $1,965 $128,430 $54,930 $73,500
2017 $1,930 $128,430 $54,930 $73,500
2016 $1,942 $121,060 $51,780 $69,280
2015 $1,867 $121,060 $51,780 $69,280
2014 $1,834 $114,120 $48,810 $65,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2026 02/04/26 Price Changed $395,000 0.0% $186 / Sq Ft
02/04/2026 02/04/26 For Sale $395,000 -1.0% $186 / Sq Ft
01/20/2026 01/20/26 Pending -- -- --
01/08/2026 01/08/26 For Sale $399,000 0.0% $188 / Sq Ft
12/31/2025 12/31/25 Pending -- -- --
11/11/2025 11/11/25 Price Changed $399,000 -4.8% $188 / Sq Ft
11/10/2025 11/10/25 Price Changed $419,000 -1.4% $197 / Sq Ft
10/14/2025 10/14/25 Price Changed $425,000 -3.2% $200 / Sq Ft
09/03/2025 09/03/25 Price Changed $439,000 -2.4% $207 / Sq Ft
08/14/2025 08/14/25 For Sale $450,000 +21.6% $212 / Sq Ft
01/04/2024 01/04/24 Sold $370,000 0.0% $174 / Sq Ft View Prior Sale
12/18/2023 12/18/23 Pending -- -- --
12/18/2023 12/18/23 For Sale $370,000 -- $174 / Sq Ft
Source: Oregon Datashare

Purchase History

Date Type Sale Price Title Company
Warranty Deed $370,000 First American Title
Interfamily Deed Transfer -- First American
Interfamily Deed Transfer -- First American
Source: Public Records

Source: Oregon Datashare

MLS Number: 220207679

Oregon Datashare

APN: 10394842

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