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.
Active
$650,000
2921 Table Rock Rd, Medford, OR 97501
7beds
2,672sqft
Multi Family, Manufactured Home
Built in 1940
-- sqft lot
$623,500 Zestimate®
$243/sqft
$-- HOA
What's special
Three rented residential units
- 14 days |
- 248 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC 888-814-9613
Source: Oregon Datashare,MLS#: 220222394
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
Heating
- Electric, Forced Air, Natural Gas, Wall Furnace
Cooling
- Central Air, Heat Pump, Wall/Window Unit(s)
Features
- Flooring: Vinyl, Other
- Windows: Double Pane Windows, Vinyl Frames
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,672
- Total interior livable area: 2,672 sqft
Property
Parking
- Parking features: Assigned, Driveway, RV Access/Parking, Other
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.46 Acres
- Features: Level
Details
- Additional structures: Poultry Coop, RV/Boat Storage
- Parcel number: 10486135
- Zoning description: SFR-6
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary,Traditional,Other
- Property subtype: Multi Family, Manufactured Home
Materials
- Frame
- Foundation: Block, Concrete Perimeter
- Roof: Asphalt,Composition,Metal
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Garden Acres
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $243/sqft
- Tax assessed value: $394,650
- Annual tax amount: $1,596
- Date on market: 5/29/2026
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$623,500
$592,000 - $655,000
$1,602/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Listed for sale | $650,000+66.7%$243/sqft |
Source:  Oregon Datashare #220222394 Report a problem | ||
| 8/31/2023 | Sold | $390,000$146/sqft |
Source: Oregon Datashare #220157982 Report a problem | ||
| 5/31/2023 | Pending sale | $390,000$146/sqft |
Source: Oregon Datashare #220157982 Report a problem | ||
| 3/21/2023 | Price change | $390,000-2.5%$146/sqft |
Source: Oregon Datashare #220157982 Report a problem | ||
| 1/12/2023 | Listed for sale | $400,000+60%$150/sqft |
Source: Oregon Datashare #220157982 Report a problem | ||
| 5/25/2007 | Sold | $250,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,563 -7.8% | $104,660 -8% |
| 2023 | $1,696 +2.5% | $113,750 |
| 2022 | $1,655 +2.6% | $113,750 +3% |
| 2021 | $1,612 +2.2% | $110,440 +6.1% |
| 2020 | $1,578 +2.4% | $104,110 +3% |
| 2019 | $1,541 | $101,080 +3% |
| 2018 | $1,541 +2.6% | $98,140 |
| 2017 | $1,502 +1.8% | $98,140 +6.1% |
| 2016 | $1,475 -0.7% | $92,520 |
| 2015 | $1,484 +4% | $92,520 +6.1% |
| 2014 | $1,427 +7.8% | $87,220 +3% |
| 2013 | $1,323 +3.5% | $84,680 +3% |
| 2012 | $1,278 +4.2% | $82,220 +6.1% |
| 2010 | $1,226 +17.7% | $77,510 +18.6% |
| 2008 | $1,042 -7.2% | $65,380 -8% |
| 2007 | $1,122 +11.9% | $71,050 +3% |
| 2006 | $1,003 +15.8% | $68,990 +15.3% |
| 2005 | $866 +2.1% | $59,850 +3% |
| 2004 | $848 +2.4% | $58,110 +3% |
| 2003 | $828 | $56,420 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97501
Nearby schools
GreatSchools rating
- 2/10Howard Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10Mcloughlin Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10North Medford High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Howard Elem
- Middle: McLoughlin Middle
- High: North Medford High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Jackson County
- Medford
- 97501
- 2921 Table Rock Rd
Nearby cities
Nearby zip codes
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