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Residential Income Triplex with Shop
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1805-1809 Thomas Road, Medford, OR 97501

Three rental units on individual meters include two stick-built homes, a single-wide mobile, and a large storage shop.

Property SizeContact for details
Lot Size1.51 Acres
Days on Market122

Property Features for 1805-1809 Thomas Road

General Information

Standard status Active
Lot size 1.51 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 3
Listing Agency: Oregon - eXp Realty
Listed By: Rockwell Group · License #201207277
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Jul 21 at 12:52AM

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 Oregon - eXp Realty

Investment Insights

Based on property information with market context.

This residential income property includes three grandfathered rentals on approximately 1.51 acres. The site currently features two stick-built homes and a single-wide mobile home functioning as an additional unit/ADU, along with a large shop near the back for storage.

The main home is a 2-bedroom, 2-bath with kitchen W/D hookups. The second stick-built home is a 2-bedroom, 1-bath with W/S hookups in the main bath. The mobile unit includes 1 bedroom and 1 bath and has a private fenced back yard.

Each unit is served by its own individual water and electrical meter. The property also includes two wells and a 1,000-gallon holding tank, plus ample parking with a U-shaped gravel drive, RV parking, and a 50 AMP hookup. Buyers should verify current uses and any future property uses.

Key Highlights

  • 1.51‑acre property with 3 grandfathered rental units: two 2BD/1‑2BA stick‑built homes and a 1BD/1BA single‑wide mobile.
  • Main home is 2BD/2BA with approx. 1,134 SF and kitchen W/D hookups.
  • Second stick‑built home is 2BD/1BA with W/S hookups and a carport.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three rental units on individual meters include two stick-built homes, a single-wide mobile, and a large storage shop.
Where is this triplex located?
The property is located at 1805-1809 Thomas Road Medford, OR.
What are key features of this property?
This property features: 1.51‑acre property with 3 grandfathered rental units: two 2BD/1‑2BA stick‑built homes and a 1BD/1BA single‑wide mobile.; Main home is 2BD/2BA with approx. 1,134 SF and kitchen W/D hookups.; Second stick‑built home is 2BD/1BA with W/S hookups and a carport.
(541) 292-4444 Call to check price and availability
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