New Duplex with Separate
For Sale
$500,000
Pending
4702 Gebhard Road, Central Point, OR 97502
Residential Income, Central Point, OR
Property Size1,806 SF
Lot Size0.07 Acres
Days on Market48
Property Features for 4702 Gebhard Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning description
MMR
Parking features
On Street, Open, Driveway
Window features
Double Pane Windows, Vinyl Frames
Patio and Porch features
Patio, Porch
Interior features
Breakfast Bar, Granite Counters, Kitchen Island, Linen Closet, Open Floorplan, Primary Downstairs, Shower/Tub Combo, Solid Surface Counters
Appliances
Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Water Heater
Lot features
Fenced, Landscaped, Level, Sprinkler Timer(s), Sprinklers In Front, Sprinklers In Rear
View
Territorial
Elementary school
Jewett Elem
Middle school
Scenic Middle
High school
Crater High
Directions
Biddle Rd to Hamrick, left on Beebe, Beebe becomes Gebhard. Rd. New subdivision is on the right.
Standard status
Pending
APN
11014147
Size
1,806 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
648
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Ductless (Heating)
Cooling system
Ductless
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Flooring type
Simulated wood, Carpet
Building materials
Frame
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Jordan Kramer
(541) 840-2992
Added: Sep 2
Changed: Oct 8
Last Checked: Oct 19 at 1:06PM
MLS# 220228070
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.
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Investment Insights
Based on property information with market context.
This contemporary duplex is under construction with two independent living spaces on a 0.07-acre lot. The primary residence provides 1,386 square feet with two bedrooms, 2.5 baths, an open floor plan, granite counters, a kitchen island, custom cabinetry, and simulated wood flooring. Its upstairs primary suite includes a walk-in closet and walk-in shower.
The 420-square-foot accessory dwelling unit is positioned above a fully finished oversized two-car garage and has one bedroom, one bath, a separate upstairs entrance, kitchen, and laundry. Stainless steel appliances, upgraded lighting and plumbing fixtures, ductless heating and cooling, public water, and public sewer are included. The property also offers a patio, porch, driveway, open parking, and on-street parking at 4702 Gebhard Road in Central Point, near I-5, schools, parks, a water park, and Costco.
The 420-square-foot accessory dwelling unit is positioned above a fully finished oversized two-car garage and has one bedroom, one bath, a separate upstairs entrance, kitchen, and laundry. Stainless steel appliances, upgraded lighting and plumbing fixtures, ductless heating and cooling, public water, and public sewer are included. The property also offers a patio, porch, driveway, open parking, and on-street parking at 4702 Gebhard Road in Central Point, near I-5, schools, parks, a water park, and Costco.
Key Highlights
- Two separate residences on a 0.07‑acre lot
- 1,386 sq ft main home with 2 beds and 2.5 baths
- 420 sq ft ADU with 1 bed, 1 bath, kitchen, laundry, and separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,354
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,080
$387.1K
Cap Rate 7%
$276,486
$276.5K
Cap Rate 9%
$215,044
$215.0K
Market Conditions
NOI Build-Up for 1,806 SF
Gross rent
$29.3K $16.20/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$27.6K $15.31/SF
− OpEx
−$8.3K −$4.59/SF
NOI
$19.4K $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%
$387,080
Cap Rate 7%
$276,486
Cap Rate 9%
$215,044
Alternative Uses
Best Use
Multifamily LT 5
$276.5K
$241.9K – $322.6K
NOI $19,354 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$242.6K
$212.3K – $283.1K
NOI $16,985 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$435.9K
$381.4K – $508.6K
NOI $30,514 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
233
Businesses Nearby
Explore this area
Business Placement
Demographics for 97502, OR
29,558
Population
11,717
Households
2.5
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
82.1 sq mi
ZIP Area
360
Density / Sq Mi
$79,146
Median Household Income
$42,667
Median Earnings
$1,245
Median Rent
$374,000
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 - Two distinct residences share one lot, with private kitchens, laundry, and dedicated access for the upper accessory dwelling.
Where is this duplex located?
The property is located at 4702 Gebhard Road Central Point, OR.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two separate residences on a 0.07‑acre lot; 1,386 sq ft main home with 2 beds and 2.5 baths; 420 sq ft ADU with 1 bed, 1 bath, kitchen, laundry, and separate entrance
