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About This Home
This 0-bedroom, 0-bathroom residential multi family at 2921 Table Rock Road in Medford, OR is listed for $650,000 ($243 per sqft). Built in 1940, the home offers 2,672 sqft of living space on a 0.46 acres lot.
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.
Key Features
- Built in 1940
- 0.46 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2921 Table Rock Road
Medford, OR 97501
Garden Acres
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2921 Table Rock Road is listed at $650,000 ($243/sqft). The estimated monthly payment is $2,817 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.46 acre lot.
This property is listed by Ashley S Boughner and can be reached at (888) 814-9613 or ashley@bluemountaingroup.info.
