Listing provided courtesy of eXp Realty, LLCMLS# 220217466MLS Provider
  • 102 days on site
  • 3 views

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.

Source: Oregon Datashare, MLS#: 220217466

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  • Property Type
    Residential Income
  • Lot
    2.24 acres

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COLLEEN ROBINSON

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  • Median Age
    42
  • Population Density
    1,028
  • College Educated
    45%
  • Estimated Median Income
    $62,219
  • Estimated Total Home Owners
    11,731
  • Estimated Total Renters
    7,925
  • Owner / Renter Divide
    60% / 40%
  • Estimated Average Household Size
    2
  • Total Population
    48,053
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1808 Spring Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/19/2026Source: Oregon Datashare Added to Database
March 19, 2026