Duplex with Fenced Yards and Carports

912 Olympic Avenue Medford, OR 97504

Claim this Listing
Pending
$325,000

MULTI_FAMILY - Ranch - Medford, OR

Type:Single Family Residence
Property size:
2,016 SF
Lot size:
0.15 Acres
Added:
Jun 29, 2026
Days on Market:
12
Last Refresh:
Jul 10 at 5:06 pm

Property Features for 912 Olympic Avenue

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Parking features
On Street, Driveway, Carport
Window features
Vinyl Frames, Aluminum Frames, Double Pane Windows
Patio and Porch features
Patio, Porch
Interior features
Ceiling Fan(s), Laminate Counters, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Tile Shower
Appliances
Oven, Range, Range Hood, Refrigerator, Water Heater
Standard status
Pending
APN
10023891
Size
2,016 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2671

Utilities

Sewer type
Public Sewer
Heating system
Energy Star Qualified Equipment (Heating), Ductless (Heating), Electric (Heating)
Cooling system
ENERGY STAR Qualified Equipment, Wall/Window Unit(s), Window Unit(s), Ductless
Water source
Public

Building Details

Year built
1971
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Laminate, Carpet
Building materials
Concrete, Frame
Roof type
Composition
Architectural style
Ranch

Listing agent Rutledge Property Group License #201007081

Listing office eXp Realty, LLC 710 Cardley Ave, Salem, OR

Listing date Jun 29, 2026

MLS# 220224298 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.


Investment Insights

Based on property information with market context.

This ranch-style duplex includes two separate units with fenced yards and carports for tenant parking. The front unit offers three bedrooms and one bathroom and has been updated with LVP flooring, fresh paint, and mini-split systems for energy-efficient heating and cooling. The rear unit is a two-bedroom, one-bath configuration that needs updating, providing an opportunity to bring the second unit to match the improvements already completed.

The property is located in East Medford, approximately 0.6 miles from Asante Rogue Regional Medical Center. The owner pays for water, sewer, and trash, which can simplify monthly expense management for an owner-occupant or an investor.

For tenants, the fenced yard space and carports can support day-to-day livability and vehicle convenience. For buyers, the current arrangement offers immediate livable condition in the front unit while also allowing a clear scope of work for the rear unit. With shared ownership of the duplex and utilities coverage for water, sewer, and trash, this property may fit an operator looking for a straightforward two-unit rental setup with one portion already refreshed.

Key Highlights

  • Ranch duplex in East Medford built in 1971, with public water and public sewer
  • Both units include fenced yards and carports for parking
  • Front unit: 3 bed, 1 bath, updated with LVP flooring and fresh paint, plus minisplits for heating and cooling

Local Financial Insights For Multifamily LT 5

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 $32.7k $16.20
− Vacancy −$1.8k −$0.89
EGI $30.9k $15.31
− OpEx −$9.3k −$4.59
NOI $21.6k $10.72
2,016 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$308.6K
$270.1K – $360.1K (±1% cap)
NOI $21,604 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$270.9K
$237.0K – $316.0K (±1% cap)
NOI $18,960 @ 7.0% cap · market cap 5.83%
Theoretical Best
Office A
$486.6K
$425.8K – $567.7K (±1% cap)
NOI $34,062 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Hair Salon Real Estate Agency Nail Salon Big Box & Wholesale Store Grocery & Convenience Store Garden Center HVAC Service Kitchen & Bath Showroom Computer & Electronic Repair Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex with fenced yards, carports, and one updated unit; owner covers water, sewer, and trash.
Where is this duplex located?
The property is located at 912 Olympic Avenue Medford, OR.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Ranch duplex in East Medford built in 1971, with public water and public sewer; Both units include fenced yards and carports for parking; Front unit: 3 bed, 1 bath, updated with LVP flooring and fresh paint, plus minisplits for heating and cooling
Contact an agent
More about this property
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