Two Rented
For Sale
$1,639,000
38 Lewis Ave, Medford, OR 97501
Two well-maintained four-plexes, each with four occupied units and long-term tenants.
Property SizeContact for details
Days on Market93
Property Features for 38 Lewis Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
8
Building Details
Year Built
1995
Listing Agency:
eXp Realty, LLC
Listed By:
Sydney N Shapiro · License #201230390
(541) 292-4444
Source:
Xperiencerealestateoregon
Added: Jul 20
Changed: Oct 1
Last Checked: Oct 19 at 9:01AM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This offering includes two well-maintained Medford 4-plexes, with four units per building. All units are currently occupied by long-term tenants, providing fully rented residential income at the time of sale.
The properties are positioned in a convenient Medford area, just minutes from local parks, shopping, restaurants, and public transit.
Each complex is configured as a four-unit multifamily asset, designed for straightforward operation as an income-producing rental property.
The properties are positioned in a convenient Medford area, just minutes from local parks, shopping, restaurants, and public transit.
Each complex is configured as a four-unit multifamily asset, designed for straightforward operation as an income-producing rental property.
Key Highlights
- Two Medford 4‑plexes, each with 4 units
- All 8 units are currently occupied by long‑term tenants
- Well‑maintained properties with immediate rental occupancy
Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
406
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two well-maintained four-plexes, each with four occupied units and long-term tenants.
Where is this quadplex located?
The property is located at 38 Lewis Ave Medford, OR.
What is the asking price?
The asking price for this property is $1,639,000.
What are key features of this property?
This property features: Two Medford 4‑plexes, each with 4 units; All 8 units are currently occupied by long‑term tenants; Well‑maintained properties with immediate rental occupancy
