Two Rented
For Sale
$1,639,000
38 Lewis Ave, Medford, OR 97501
Two well-maintained four-plexes, each with four occupied units and long-term tenants.
Property SizeContact for details
Days on Market33
Property Features for 38 Lewis Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
8
Building Details
Year Built
1995
Listing Agency:
eXp Realty, LLC
(541) 292-4444
Listed By:
Sydney N Shapiro · License #201230390
Source:
541sold
Added: Jul 20
Changed: Aug 14
Last Checked: Aug 20 at 9:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
This offering includes two well-maintained Medford 4-plexes, with four units per building. All units are currently occupied by long-term tenants, providing fully rented residential income at the time of sale.
The properties are positioned in a convenient Medford area, just minutes from local parks, shopping, restaurants, and public transit.
Each complex is configured as a four-unit multifamily asset, designed for straightforward operation as an income-producing rental property.
The properties are positioned in a convenient Medford area, just minutes from local parks, shopping, restaurants, and public transit.
Each complex is configured as a four-unit multifamily asset, designed for straightforward operation as an income-producing rental property.
Key Highlights
- Two Medford 4‑plexes, each with 4 units
- All 8 units are currently occupied by long‑term tenants
- Well‑maintained properties with immediate rental occupancy
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 97501, OR
47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two well-maintained four-plexes, each with four occupied units and long-term tenants.
Where is this quadplex located?
The property is located at 38 Lewis Ave Medford, OR.
What is the asking price?
The asking price for this property is $1,639,000.
What are key features of this property?
This property features: Two Medford 4‑plexes, each with 4 units; All 8 units are currently occupied by long‑term tenants; Well‑maintained properties with immediate rental occupancy
