Updated 14-Unit Condominium
821 E 10th Street, Medford, OR 97504
MULTI_FAMILY - Other - Medford, OR
Property size:
16,200 SFLot size:
0.97 AcresPrice / SF:
$159/SF- Added:
- Dec 16, 2025
- Days on Market:
- 193
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 821 E 10th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway, Carport
- Window features
- Double Pane Windows, Vinyl Frames
- Patio and Porch features
- Patio
- Interior features
- Laminate Counters, Linen Closet, Shower/Tub Combo
- Appliances
- Dishwasher, Disposal, Oven, Range, Range Hood, Water Heater
- Standard status
- Active
- APN
- 10983501
- Size
- 16,200 SF
- Lot size
- 0.97 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 24793
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1972
- Floors in Building
- 2
- Number of units
- 14
- Flooring type
- Vinyl, Laminate, Carpet
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
Listing agent Kelli Hokinson License #200301037 (541) 261-1004
Listing office RE/MAX Integrity 3539 Heathrow Way #200, Medford, OR (541) 770-3325
Listing date Dec 16, 2025
MLS# 220212972
Listing URL
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 14‑unit condominium complex in East Medford with individually sellable homes on their own lots
- Unit mix: 6 units with 2 bed/1.5 bath; 8 units with 2 bed/2 bath with lofts
- Double‑wall construction with open‑beam ceilings, spacious layouts, and fenced patios
- Parking for residents and guests: 14 covered carports plus gated parking and additional parking spaces
- 2022–2025 upgrades include HVAC systems, all new exterior paint (2025), and new seal‑coated asphalt parking lot (2025)
- Solar tubes add natural light; public water and public sewer; roof is composition
Overview
Shadow Pines Condominiums is an outstanding 14-unit condominium complex with homes situated on their own lots. The property has been recently refreshed with double-wall construction, open-beam ceilings, spacious layouts, and fenced patios designed for comfortable outdoor use. Each residence is supported by light and ventilation features including solar tubes, and the community is paired with beautifully updated landscaping.
The community provides 14 covered carports, gated parking, and additional parking spaces for residents and guests. Located in East Medford at 821 E 10th Street, the property has benefited from multiple upgrades in the 2022–2025 timeframe, including all-new exterior paint in 2025 and a new seal-coated asphalt parking lot in 2025. Additional improvements include HVAC system updates, extensive tree trimming, and mature and new landscaping supported by a drip system.
The condo mix includes two floor plans: six units with 2 bedrooms and 1.5 bathrooms, and eight units with 2 bedrooms and 2 bathrooms featuring loft spaces. Several units have recent interior updates, with larger bedrooms and loft layouts that enhance day-to-day livability. With individually sold condominium homes and an emphasis on low-maintenance exterior improvements, the property is well-suited for owner-operators and buyers seeking a structured, residential income setup within a condominium format.
The community provides 14 covered carports, gated parking, and additional parking spaces for residents and guests. Located in East Medford at 821 E 10th Street, the property has benefited from multiple upgrades in the 2022–2025 timeframe, including all-new exterior paint in 2025 and a new seal-coated asphalt parking lot in 2025. Additional improvements include HVAC system updates, extensive tree trimming, and mature and new landscaping supported by a drip system.
The condo mix includes two floor plans: six units with 2 bedrooms and 1.5 bathrooms, and eight units with 2 bedrooms and 2 bathrooms featuring loft spaces. Several units have recent interior updates, with larger bedrooms and loft layouts that enhance day-to-day livability. With individually sold condominium homes and an emphasis on low-maintenance exterior improvements, the property is well-suited for owner-operators and buyers seeking a structured, residential income setup within a condominium format.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $291.6k | $18.00 |
| − Vacancy | −$14.6k | −$0.90 |
| EGI | $277.0k | $17.10 |
| − OpEx | −$124.7k | −$7.69 |
| NOI | $152.4k | $9.41 |
16,200 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.18M
$1.90M – $2.54M
NOI $152,361 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.91M
$3.42M – $4.56M
NOI $273,715 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.864185
- Latitude
- 42.324407
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 14-unit condo complex with gated parking, covered carports, and updated interiors in East Medford.
Where is this apartment building located?
The property is located at 821 E 10th Street Medford, OR.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: 14‑unit condominium complex in East Medford with individually sellable homes on their own lots; Unit mix: 6 units with 2 bed/1.5 bath; 8 units with 2 bed/2 bath with lofts; Double‑wall construction with open‑beam ceilings, spacious layouts, and fenced patios
