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    Medford Multifamily Property with RV Parking

    2921 Table Rock Road Medford, OR 97501

    2921 Table Rock Road, Medford, OR, 97501
    $650,000
    Pending
    For Sale
    Claim this Listing
    $650,000
    Pending

    MULTI_FAMILY - Contemporary - Medford, OR

    Property Size2,672 SF
    Lot Size0.46 Acres
    AddedMay 7
    Days on Market70
    Last RefreshJul 15 at 2:06 am

    Property Features for 2921 Table Rock Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    RV, Assigned, Driveway
    Window features
    Vinyl Frames, Double Pane Windows
    Standard status
    Pending
    APN
    10486135
    Size
    2,672 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1597

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Electric (Heating), Natural Gas, Wall Furnace
    Cooling system
    Central Air, Wall/Window Unit(s), Window Unit(s), Heat Pump
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Vinyl
    Building materials
    Frame
    Roof type
    Composition, Metal, Asphalt
    Architectural style
    Contemporary
    Additional Structures
    Poultry Coop

    Listing agent Ashley S Boughner License #201227240

    Listing office eXp Realty, LLC 710 Cardley Ave, Salem, OR

    Listing date May 7, 2026

    MLS# 220222394 Listing URL

    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 property features three rented residential units, four rented RV parking spaces, and six additional RV/boat parking spots. It offers multiple income streams and future development potential. Recent improvements include an addition, kitchen upgrades, and fresh paint. The current cap rate is 8.956%. The property is zoned and positioned for future growth, and it can be divided into two separate lots, each allowing up to four units. The lot size is 0.46 acres, and the property size is 2672 square feet. This property is located in Medford, Oregon.

    Key Highlights

    • Current cap rate of 8.956% with recent improvements including an addition, kitchen upgrades, and fresh paint to support cash flow.
    • Income‑producing property with 3 rented residential units plus 4 rented RV parking spaces.
    • Includes 6 additional RV/boat parking spots, offering room to increase parking revenue.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $48.1k $18.00
    − Vacancy −$2.4k −$0.90
    EGI $45.7k $17.10
    − OpEx −$20.6k −$7.69
    NOI $25.1k $9.41
    2,672 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $359.0K
    $314.1K – $418.8K (±1% cap)
    NOI $25,130 @ 7.0% cap · market cap 3.87%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $644.9K
    $564.3K – $752.4K (±1% cap)
    NOI $45,146 @ 7.0% cap · market cap 6.95%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Law Firm Hair Salon Dental Office Nail Salon Electrical Service Skin Care Clinic Furniture & Home Goods Spa & Massage Center Grocery & Convenience Store Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with income streams and development potential.
    Where is this multifamily property located?
    The property is located at 2921 Table Rock Road Medford, OR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Current cap rate of 8.956% with recent improvements including an addition, kitchen upgrades, and fresh paint to support cash flow.; Income‑producing property with 3 rented residential units plus 4 rented RV parking spaces.; Includes 6 additional RV/boat parking spots, offering room to increase parking revenue.
    Contact an agent
    (888) 814-9613
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    Ashley S Boughner
    Ashley S Boughner
    Real Estate License ID: 201227240
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