Two-Unit Duplex with Fenced
1982 Pepper St, Medford, OR 97501
For Sale
New
$365,000
Each residence has a two-story layout and its own enclosed yard.
Property Size1,728 SF
Price / SF$211.23
Days on Market6
Property Features for 1982 Pepper St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
Real Broker
Listed By:
Buying Southern Oregon Real Estate Team
(541) 450-8600
Source:
Portlandoregonhomelistings
Added: Nov 7
Changed: Nov 10
Last Checked: Nov 10 at 2:10PM
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 Real Broker
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Investment Insights
Based on property information with market context.
Built in 1978, this 1,728-square-foot duplex contains two separate, two-story residences, each with a fenced yard. The front unit has two bedrooms and one full bathroom. In the rear unit, two bedrooms and a full bathroom are upstairs, with an additional half bath on the lower level.
The property is near shopping, dining, schools, and everyday services in Medford.
The property is near shopping, dining, schools, and everyday services in Medford.
Key Highlights
- Two separate residences, each arranged across two stories
- 1,728 square feet; built in 1978
- Each unit has a fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,518
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,360
$370.4K
Cap Rate 7%
$264,543
$264.5K
Cap Rate 9%
$205,756
$205.8K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$28.0K $16.20/SF
− Vacancy
−$1.5K −$0.89/SF
EGI
$26.5K $15.31/SF
− OpEx
−$7.9K −$4.59/SF
NOI
$18.5K $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 Rate 5%
$370,360
Cap Rate 7%
$264,543
Cap Rate 9%
$205,756
Alternative Uses
Best Use
Multifamily LT 5
$264.5K
$231.5K – $308.6K
NOI $18,518 @ 7.0% cap · market cap 5.07%
Second Best
Apartment 5plus
$232.2K
$203.2K – $270.9K
NOI $16,252 @ 7.0% cap · market cap 4.45%
Theoretical Best
Office A
$417.1K
$365.0K – $486.6K
NOI $29,196 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
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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
$325,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Jackson County, OR
Properties on Market for Duplexes in Jackson County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a two-story layout and its own enclosed yard.
Where is this duplex located?
The property is located at 1982 Pepper St Medford, OR.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Two separate residences, each arranged across two stories; 1,728 square feet; built in 1978; Each unit has a fenced yard
