2921 Table Rock Road, Medford, OR 97501

Medford
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
2921 Table Rock Road,Medford, OR 97501
$650,000
  • - Beds
  • - Baths
  • 2,672 sq. ft.
  • Multi-family
  • Pending
Listed by: ashley s boughner
Office: exp realty, llc.
MLS#:220222394
Source:OR_SOMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$243.26

About this home

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.

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Home facts

  • Year built:1940
  • Listing ID #:220222394
  • Added:48 day(s) ago
  • Updated:July 11, 2026 at 09:51 AM

Rooms and interior

  • Flooring:Vinyl
  • Living area:2,672 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump, Wall/Window Unit(s)
  • Heating:Electric, Forced Air, Natural Gas, Wall Furnace
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Composition, Metal
  • Year built:1940
  • Building area:2,672 sq. ft.
  • Lot area:0.46 Acres
  • Lot Features:Fenced, Level
  • Architectural Style:Contemporary, Traditional
  • Construction Materials:Frame
  • Foundation Description:Block, Concrete Perimeter
  • Levels:1 Story

Schools

  • High school:North Medford High
  • Middle school:McLoughlin Middle
  • Elementary school:Howard Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$243.26
  • Tax amount:$1,597 (2025)

Parking

  • Parking description:Assigned, Driveway, RV Access/Parking

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