Two-Unit Residential
New
For Sale
$395,000
334 Effie St, Medford, OR 97504
A three-bedroom home is paired with a separate, open-plan one-bedroom residence.
Property Size1,635 SF
Price / SF$241.59
Days on Market2
Property Features for 334 Effie St
General Information
Standard status
Active
Size
1,635 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/1.5BA, 1 x 1BR/1BA
Multifamily Units
2
Building Details
Year Built
2004
Listing Agency:
Home and Land Real Estate
Listed By:
Alice Lema, Principal Broker Home & Land
(541) 301-7980
Source:
Alicelema
Added: Oct 24
Last Checked: Oct 24 at 1:22PM
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 Home and Land Real Estate
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Investment Insights
Based on property information with market context.
Built in 2004, this East Medford duplex combines a three-bedroom, one-and-a-half-bath home with a distinct one-bedroom, one-bath unit. The smaller residence has an open-concept layout, providing two different living configurations within one property.
The property is in East Medford near Roosevelt Elementary and Hedrick Middle School, with access to medical centers, parks, and downtown amenities in the Rogue Valley.
The property is in East Medford near Roosevelt Elementary and Hedrick Middle School, with access to medical centers, parks, and downtown amenities in the Rogue Valley.
Key Highlights
- Two residences: a 3‑bedroom, 1.5‑bath home and a 1‑bedroom, 1‑bath unit
- Open‑concept layout in the one‑bedroom residence
- Built in 2004
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,521
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,420
$350.4K
Cap Rate 7%
$250,300
$250.3K
Cap Rate 9%
$194,678
$194.7K
Market Conditions
NOI Build-Up for 1,635 SF
Gross rent
$26.5K $16.20/SF
− Vacancy
−$1.5K −$0.89/SF
EGI
$25.0K $15.31/SF
− OpEx
−$7.5K −$4.59/SF
NOI
$17.5K $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%
$350,420
Cap Rate 7%
$250,300
Cap Rate 9%
$194,678
Alternative Uses
Best Use
Multifamily LT 5
$250.3K
$219.0K – $292.0K
NOI $17,521 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$219.7K
$192.2K – $256.3K
NOI $15,377 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$394.6K
$345.3K – $460.4K
NOI $27,625 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,770
Businesses Nearby
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Business Placement
Demographics for 97504, OR
49,942
Population
21,290
Households
2.3
Avg Household Size
43
Median Age
38%
College-Educated
93%
High-School Grad
43.3 sq mi
ZIP Area
1,153
Density / Sq Mi
$81,233
Median Household Income
$43,744
Median Earnings
$1,387
Median Rent
$447,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A three-bedroom home is paired with a separate, open-plan one-bedroom residence.
Where is this duplex located?
The property is located at 334 Effie 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: Two residences: a 3‑bedroom, 1.5‑bath home and a 1‑bedroom, 1‑bath unit; Open‑concept layout in the one‑bedroom residence; Built in 2004
