Search
Triplex with Fenced Backyard

214 N Peach Street, Medford, OR 97501

For Sale
$395,000

Residential Income, Medford, OR

Property Size2,124 SF
Lot Size0.14 Acres
Price / SF$185.97
Days on Market453

Property Features for 214 N Peach Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description SFR-10
Parking features Driveway, On Street
Subdivision Olson Addition
Lot features Fenced
Elementary school Check with District
Middle school Check with District
High school Check with District
Standard status Active
APN 10394842
Size 2,124 SF
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2290

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Amenities

shared fenced backyard

Building Details

Year built 1910
Floors in Building 1
Number of units 3
Flooring type Laminate, Carpet
Building materials Frame
Roof type Composition
Architectural style Other
Buildings 1
Listing Agency: eXp Realty, LLC
Listed By: Steve Thomas Group · License OR #201221244
Added: Aug 14, 2025 Changed: Oct 31 Last Checked: Nov 9 at 9:06PM
MLS# 220207679

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This three-unit multifamily property provides 2,124 square feet of total living space on a 0.14-acre lot. All units are leased, with a mix of one-bedroom and two-bedroom layouts, each offering one bathroom. The property includes a shared fenced backyard and parking through the driveway and on-street spaces. Built in 1910, the frame structure features carpet and laminate flooring, electric heating, a composition roof, and public water and sewer service.

Located at 214 N Peach Street in Medford, the property is near shopping, dining, and everyday amenities. The combination of established occupancy, multiple residential units, and shared exterior space supports continued multifamily use.

Key Highlights

  • Fully leased triplex with 3 residential units
  • 2,124 square feet of total living space on a 0.14‑acre lot
  • Unit mix includes 1‑bedroom and 2‑bedroom apartments

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

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

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

Frequently Asked Questions

What type of property is this?
Triplex - Fully leased multifamily property with three units, shared outdoor space, and convenient access to shopping, dining, and daily services.
Where is this triplex located?
The property is located at 214 N Peach Street 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: Fully leased triplex with 3 residential units; 2,124 square feet of total living space on a 0.14‑acre lot; Unit mix includes 1‑bedroom and 2‑bedroom apartments
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved