515 Liberty Street, Medford, OR 97501
MULTI_FAMILY - Other - Medford, OR
- Added:
- Apr 27, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 14 at 10:06 am
Property Features for 515 Liberty Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Window features
- Vinyl Frames, Aluminum Frames, Double Pane Windows
- Appliances
- Cooktop, Dishwasher, Dryer, Oven, Range, Washer
- Standard status
- Active
- APN
- 10387633
- Size
- 2,699 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2493
Utilities
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating)
- Cooling system
- Ductless
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- Frame
- Roof type
- Composition, Membrane
- Architectural style
- Other
Listing agent Brian Druihet (541) 779-3611
Listing office John L. Scott Ashland 320 E Main Street #100, Medford, OR (541) 488-1311
Listing date Apr 27, 2026
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.
HighLights
- Turnkey 4‑plex built in 1925 with three furnished 2 bed, 1 bath units and one furnished 1 bed, 1 bath studio
- Unit rents have consistently ranged from $1,600 to $1,800+ per month, with demand from traveling nurses and seasonal tenants
- Updates include newer roof plus electrical and plumbing systems
- Ductless heating and ductless cooling; laminate flooring
- Roof includes composition and membrane materials
- Utilities: public water and public sewer; off‑street driveway parking
Overview
The property is located at 515 Liberty Street in Medford, Oregon, within close proximity to shopping, restaurants, schools, and hospitals. Off-street parking is provided for each unit, supporting convenient tenant access and day-to-day use.
For buyers seeking an operationally simple residential income asset, this offering combines updated major systems with a furnished unit mix that can help streamline move-in logistics. The property is sold as-is, and its current configuration provides multiple income streams within a single building, including both 2-bedroom units and a studio-style option. All stated unit details and updates are included as provided in the listing information.
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 | $43.7k | $16.20 |
| − Vacancy | −$2.4k | −$0.89 |
| EGI | $41.3k | $15.31 |
| − OpEx | −$12.4k | −$4.59 |
| NOI | $28.9k | $10.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.876319
- Latitude
- 42.336967
