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Triplex With Fenced Yard
For Sale
$395,000

214 N Peach St, Medford, OR 97501

Fully leased three-unit property with shared outdoor space and off-street parking in Medford.

Property Size2,124 SF
Lot Size0.14 Acres
Price / SF$185.97
Days on Market67

Property Features for 214 N Peach St

General Information

Standard status Active
Size 2,124 SF
Lot size 0.14 Acres
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 3

Amenities

fenced backyard
off-street parking

Building Details

Year Built 1910
Buildings 1
Listing Agency: Coldwell Banker Commercial Professional Group
Listed By: Strategic Realty, LLC
Source: Movetobend
Added: Aug 9 Changed: Oct 13 Last Checked: Oct 12 at 7:40PM

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 Coldwell Banker Commercial Professional Group

Investment Insights

Based on property information with market context.

This three-unit residential income property contains 2,124 square feet of living area within a 1910-built structure. All units are currently rented, and the property includes a shared fenced backyard and off-street parking. The configuration provides a straightforward triplex format for residential rental ownership.

Located at 214 N Peach St in Medford, Oregon, the property occupies a 0.14-acre lot. Its established construction date and compact multifamily layout add useful context for evaluating the asset as a residential income property.

Key Highlights

  • Three‑unit triplex with 2,124 square feet of total living space
  • All three units are fully rented
  • Shared fenced backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,761
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,220 $455.2K
Cap Rate 7%
$325,157 $325.2K
Cap Rate 9%
$252,900 $252.9K
Market Conditions
NOI Build-Up for 2,124 SF
Gross rent
$34.4K $16.20/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$32.5K $15.31/SF
− OpEx
−$9.8K −$4.59/SF
NOI
$22.8K $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%
$455,220
Cap Rate 7%
$325,157
Cap Rate 9%
$252,900

Alternative Uses

Best Use
Multifamily LT 5
$325.2K
$284.5K – $379.4K (±1% cap)
NOI $22,761 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$285.4K
$249.7K – $332.9K (±1% cap)
NOI $19,976 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$512.7K
$448.6K – $598.1K (±1% cap)
NOI $35,887 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Veterinary Clinic Butcher Florist (Bike/Boat/Book/etc) Store Carpet & Flooring Store Clothing & Fashion 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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,795
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Fully leased three-unit property with shared outdoor space and off-street parking in Medford.
Where is this triplex located?
The property is located at 214 N Peach St Medford, OR.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Three‑unit triplex with 2,124 square feet of total living space; All three units are fully rented; Shared fenced backyard
More about this property
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