Pending

$650,000

2921 Table Rock Rd, Medford, OR 97501

7beds

2,672sqft

$4,358/mo

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Multi Family, Manufactured Home

Built in 1940

-- sqft lot

$626,900 Zestimate^®

$243/sqft

$-- HOA

What's special

Three rented residential units

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.

59 days

65

1

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: 60 days
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$626,900

$596,000 - $658,000

$1,779/mo

Price history

Date	Event	Price
7/3/2026	Pending sale	$650,000$243/sqft
Source: Oregon Datashare #220222394 Report a problem
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

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 97501

Getting around

22 / 100

Car-Dependent

24 / 100

Minimal Transit

59 / 100

Bikeable

Nearby schools

GreatSchools rating

2/10
Howard Elementary School
Grades: K-5Distance: 0.3 mi
2/10
Mcloughlin Middle School
Grades: 6-8Distance: 2.1 mi
7/10
North Medford High School
Grades: 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.