Tenant-Occupied
For Sale
$579,900
307 W Clark Street, Medford, OR 97501
Residential Income, Medford, OR
Property Size2,684 SF
Lot Size0.19 Acres
Price / SF$216.06
Days on Market11
Property Features for 307 W Clark Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Sfr-10
Window features
Double Pane Windows
Patio and Porch features
Patio
Interior features
Kitchen Island
Appliances
Dishwasher, Oven, Refrigerator
Lot features
Fenced
Elementary school
Jackson Elem
Middle school
McLoughlin Middle
High school
South Medford High
Standard status
Active
APN
10883765
Size
2,684 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4414
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Heat Pump
Water source
Public
Amenities
laundry hookups
backyard
patio
Building Details
Year built
1997
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Frame
Roof type
Composition
Architectural style
Other
Listing Agency:
Home Quest Realty
(541) 774-5503
Listed By:
Katia Larios · License #201249782
(541) 622-4833
Added: Sep 7
Changed: Sep 12
Last Checked: Sep 17 at 8:06AM
MLS# 220228372
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 2,684-square-foot duplex, built in 1997, contains two three-bedroom, one-bath residences. Each unit includes a living room, dining area, kitchen with island, laundry hookups, and a garage. Dishwashers, ovens, refrigerators, carpet, vinyl flooring, electric heat, and heat-pump cooling are provided across the property. Both residences are currently occupied by tenants.
Set on 0.19 acres at 307 W Clark Street in Medford, the property includes carports, additional parking, and separate backyard areas with lawn and patio space. Public water and public sewer serve the property. Frame construction and a composition roof complete the primary building features.
Set on 0.19 acres at 307 W Clark Street in Medford, the property includes carports, additional parking, and separate backyard areas with lawn and patio space. Public water and public sewer serve the property. Frame construction and a composition roof complete the primary building features.
Key Highlights
- Two‑unit duplex with 2,684 SF of building area
- Each residence includes 3 bedrooms and 1 bathroom
- Both units are currently tenant‑occupied
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
$28,763
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
4.96%
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%
$575,260
$575.3K
Cap Rate 7%
$410,900
$410.9K
Cap Rate 9%
$319,589
$319.6K
Market Conditions
NOI Build-Up for 2,684 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
$43.5K $16.20/SF
− Vacancy
−$2.4K −$0.89/SF
EGI
$41.1K $15.31/SF
− OpEx
−$12.3K −$4.59/SF
NOI
$28.8K $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 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%
$575,260
Cap Rate 7%
$410,900
Cap Rate 9%
$319,589
Alternative Uses
Best Use
Multifamily LT 5
$410.9K
$359.5K – $479.4K
NOI $28,763 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$360.6K
$315.5K – $420.7K
NOI $25,243 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$647.8K
$566.9K – $755.8K
NOI $45,349 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,623
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
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer private outdoor areas, parking improvements, and in-place occupancy.
Where is this duplex located?
The property is located at 307 W Clark Street Medford, OR.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,684 SF of building area; Each residence includes 3 bedrooms and 1 bathroom; Both units are currently tenant‑occupied
