Duplex With Detached
New
For Sale
$599,000
2825 Duell Avenue, Medford, OR 97501
Residential Income, Medford, OR
Property Size2,789 SF
Lot Size0.21 Acres
Price / SF$214.77
Days on Market3
Property Features for 2825 Duell Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
SFR-6
Parking features
RV, Open, Driveway
Window features
Vinyl Frames, Double Pane Windows
Patio and Porch features
Patio, Porch
Interior features
Breakfast Bar, Ceiling Fan(s), Granite Counters, Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters, Vaulted Ceiling(s)
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater
Subdivision
Scholarship Estates
Lot features
Fenced, Level
Elementary school
Howard Elem
Middle school
McLoughlin Middle
High school
North Medford High
Standard status
Active
APN
10979284
Size
2,789 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4082
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2004
Floors in Building
2
Number of units
2
Flooring type
Tile, Laminate, Carpet, Hardwood
Building materials
Frame
Roof type
Composition
Architectural style
Contemporary
Additional Structures
Kennel/Dog Run
Listing Agency:
Top Agents Real Estate Company
(541) 227-6288
Listed By:
Rushell S Wood
(541) 601-3670
Added: Aug 29
Changed: Aug 30
Last Checked: Aug 31 at 6:06AM
MLS# 220227930
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.
Investment Insights
Based on property information with market context.
This duplex property consists of two detached single-family residences on a 0.21-acre lot, totaling 2,789 square feet. The rear home contains 1,876 square feet with a main-level primary suite, open kitchen with granite counters and breakfast bar, living and dining areas, three upstairs bedrooms, and multiple baths. It also includes a covered patio and fenced dog run. The front residence provides 913 square feet in a single-level layout with vaulted living space, an eat-in kitchen, two bedrooms, a full bath, and laundry room.
Both homes were completed in 2004 and have separate attached two-car garages, private fenced yards, and no shared walls. Additional site features include gated RV parking, driveway parking, public water, public sewer, natural-gas forced-air heat, and central air conditioning. The property is located at 2825 Duell Avenue in Medford, Oregon.
Both homes were completed in 2004 and have separate attached two-car garages, private fenced yards, and no shared walls. Additional site features include gated RV parking, driveway parking, public water, public sewer, natural-gas forced-air heat, and central air conditioning. The property is located at 2825 Duell Avenue in Medford, Oregon.
Key Highlights
- Two detached residences totaling 2,789 square feet on a 0.21‑acre lot
- Rear home measures 1,876 square feet; front home measures 913 square feet
- Each residence includes an attached 2‑car garage and private fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,888
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$597,760
$597.8K
Cap Rate 7%
$426,971
$427.0K
Cap Rate 9%
$332,089
$332.1K
Market Conditions
NOI Build-Up for 2,789 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.2K $16.20/SF
− Vacancy
−$2.5K −$0.89/SF
EGI
$42.7K $15.31/SF
− OpEx
−$12.8K −$4.59/SF
NOI
$29.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$597,760
Cap Rate 7%
$426,971
Cap Rate 9%
$332,089
Alternative Uses
Best Use
Multifamily LT 5
$427.0K
$373.6K – $498.1K
NOI $29,888 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$374.7K
$327.9K – $437.2K
NOI $26,231 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$673.2K
$589.0K – $785.4K
NOI $47,123 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
326
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?
Duplex - Two separate homes share one lot, each with a private fenced yard and attached garage parking.
Where is this duplex located?
The property is located at 2825 Duell Avenue Medford, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two detached residences totaling 2,789 square feet on a 0.21‑acre lot; Rear home measures 1,876 square feet; front home measures 913 square feet; Each residence includes an attached 2‑car garage and private fenced yard
