Turnkey Duplex with Private Yards

43 N Columbus Medford, OR 97501

Claim this Listing
New
For Sale
$340,000

MULTI_FAMILY - Other - Medford, OR

Property size:
2,080 SF
Lot size:
0.16 Acres
Price / SF:
$163/SF
Added:
Jul 7, 2026
Days on Market:
4
Last Refresh:
Jul 10 at 6:06 pm

Property Features for 43 N Columbus

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Driveway, Carport
Window features
Vinyl Frames, Double Pane Windows
Patio and Porch features
Patio, Porch
Interior features
Ceiling Fan(s), Laminate Counters, Open Floorplan, Primary Downstairs, Shower/Tub Combo
Appliances
Dishwasher, Disposal, Oven, Range, Range Hood, Refrigerator, Water Heater
Standard status
Active
APN
10401852
Size
2,080 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2549

Utilities

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

Building Details

Year built
1974
Floors in Building
1
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Concrete, Frame
Roof type
Composition
Architectural style
Other
Additional Structures
Storage

Listing agent Rutledge Property Group License #201007081

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

Listing date Jul 7, 2026

MLS# 220224742 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 turnkey duplex, built in 1974, contains 2 x 3 bed, 1 bath units. The property is described as super clean and well maintained, with no known deferred maintenance. Each unit has a private fenced yard, an exterior storage closet, and a dedicated carport for parking. The roof was replaced in 2019, and the overall improvements are presented as ready to operate.

The duplex is located at 43 N Columbus in Medford, Oregon (Jackson County). The lot size is listed at 0.16 acres. The current rent roll is reported as $2,250 per month in gross rents, with long-term renters noted since 2010 and 2019.

For investors or owner-operators seeking a straightforward residential income property, this configuration supports tenant privacy with separate fenced yards while keeping the layout consistent across both units. The on-site storage and covered parking for each unit add day-to-day practicality, and the documented 2019 roof replacement is a tangible capital improvement fact for underwriting and budgeting.

Local Financial Insights For Multifamily LT 5

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 $33.7k $16.20
− Vacancy −$1.9k −$0.89
EGI $31.8k $15.31
− OpEx −$9.6k −$4.59
NOI $22.3k $10.72
2,080 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$318.4K
$278.6K – $371.5K (±1% cap)
NOI $22,290 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$279.5K
$244.5K – $326.0K (±1% cap)
NOI $19,562 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$502.1K
$439.3K – $585.7K (±1% cap)
NOI $35,144 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Barber Shop (Bike/Boat/Book/etc) Store Cosmetic Store Florist

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

FAQs

What type of property is this?
Duplex - Well-maintained 2-unit duplex offering two 3-bedroom homes, each with a fenced yard and carport parking.
Where is this duplex located?
The property is located at 43 N Columbus Medford, OR.
What is the asking price?
The asking price for this property is $340,000.
Contact an agent
More about this property
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