Four-Residence Multifamily
For Sale
$675,000
12071 Old Stage Road, Gold Hill, OR 97525
Residential Income, Gold Hill, OR
Property Size4,282 SF
Lot Size6.79 Acres
Price / SF$157.64
Days on Market64
Property Features for 12071 Old Stage Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
EFU
Parking features
Driveway
Window features
Double Pane Windows, Vinyl Frames
Exterior features
RV Hookup
Appliances
Microwave, Oven, Range, Range Hood, Refrigerator
Elementary school
Patrick Elem
Middle school
Hanby Middle
High school
Crater High
Directions
From Exit 40 of I-5, head south on the access road and take your first right onto Old Stage. About a mile down, the property will be on the left. Just past the underpass.
Standard status
Active
APN
10165713
Size
4,282 SF
Lot size
6.79 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2871
Utilities
Sewer type
Septic Tank
Heating system
Ductless (Heating)
Cooling system
Heat Pump, Ductless
Water source
Well
Amenities
private yards
garden areas
full RV hookups
Building Details
Year built
1940
Floors in Building
2
Number of units
4
Flooring type
Carpet, Hardwood, Laminate
Building materials
Frame
Roof type
Composition
Additional Structures
RV/Boat Storage
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Ryan N Johnson · License #201238292
(541) 719-8624
Added: Jul 24
Changed: Sep 17
Last Checked: Sep 25 at 5:06AM
MLS# 220225952
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 multifamily property contains 4,282 square feet across four residential configurations on 6.79 acres. The improvements include a two-story 3-bedroom, 1-bath house, a second 3-bedroom, 1-bath residence with a deck, and a duplex comprising 2-bedroom, 2-bath and 1-bedroom, 1-bath units. Each living area has separate yard space, while the grounds include garden areas and full RV hookups. A manufactured structure is also identified as permitted storage.
The property is located at 12071 Old Stage Road in Gold Hill, Oregon, and is zoned Exclusive Farm Use. Water rights convey with the land. On-site infrastructure includes a well, septic tank, driveway parking, ductless heating, and heat-pump and ductless cooling. The residences were built in 1940 and feature frame construction with composition roofing and a mix of carpet, hardwood, and laminate flooring.
The property is located at 12071 Old Stage Road in Gold Hill, Oregon, and is zoned Exclusive Farm Use. Water rights convey with the land. On-site infrastructure includes a well, septic tank, driveway parking, ductless heating, and heat-pump and ductless cooling. The residences were built in 1940 and feature frame construction with composition roofing and a mix of carpet, hardwood, and laminate flooring.
Key Highlights
- 6.79‑acre multifamily property at 12071 Old Stage Road, Gold Hill, OR 97525
- 4,282 square feet across four residential configurations
- Two 3‑bedroom, 1‑bath homes plus a duplex with 2‑bedroom, 2‑bath and 1‑bedroom, 1‑bath units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,887
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$917,740
$917.7K
Cap Rate 7%
$655,529
$655.5K
Cap Rate 9%
$509,856
$509.9K
Market Conditions
NOI Build-Up for 4,282 SF
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.
Gross rent
$69.4K $16.20/SF
− Vacancy
−$3.8K −$0.89/SF
EGI
$65.6K $15.31/SF
− OpEx
−$19.7K −$4.59/SF
NOI
$45.9K $10.72/SF
Area
Jackson County, OR
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$917,740
Cap Rate 7%
$655,529
Cap Rate 9%
$509,856
Alternative Uses
Best Use
Multifamily LT 5
$655.5K
$573.6K – $764.8K
NOI $45,887 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$575.3K
$503.4K – $671.2K
NOI $40,272 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$1.03M
$904.4K – $1.21M
NOI $72,349 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 97525, OR
5,392
Population
2,366
Households
2.3
Avg Household Size
51
Median Age
21%
College-Educated
95%
High-School Grad
108.2 sq mi
ZIP Area
50
Density / Sq Mi
$68,512
Median Household Income
$31,740
Median Earnings
$1,142
Median Rent
$426,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four distinct residential units with private outdoor areas, gardens, and RV hookups occupy an EFU-zoned property.
Where is this multifamily property located?
The property is located at 12071 Old Stage Road Gold Hill, OR.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 6.79‑acre multifamily property at 12071 Old Stage Road, Gold Hill, OR 97525; 4,282 square feet across four residential configurations; Two 3‑bedroom, 1‑bath homes plus a duplex with 2‑bedroom, 2‑bath and 1‑bedroom, 1‑bath units
