Multifamily Property With Detached
For Sale
$315,000
625 W Jackson Street, Medford, OR 97501
Residential Income, Medford, OR
Property Size2,226 SF
Lot Size0.15 Acres
Price / SF$141.51
Days on Market101
Property Features for 625 W Jackson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Sfr-10
Parking features
Driveway, On Street, Alley
Window features
Vinyl Frames, Double Pane Windows, Wood Frames
Interior features
Open Floorplan, Tile Shower
Appliances
Dryer, Oven, Refrigerator, Water Heater
Subdivision
Fairmount Addition
Elementary school
Jackson Elem
Middle school
McLoughlin Middle
High school
South Medford High
Standard status
Active
APN
10398056
Size
2,226 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3113
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
convenient laundry room
Building Details
Year built
1925
Floors in Building
1
Number of units
3
Flooring type
Vinyl, Carpet, Hardwood, Laminate
Building materials
Frame
Roof type
Rubber, Composition
Architectural style
Other
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Macie Wespremi
(541) 499-9942
Added: Jun 26
Changed: Oct 2
Last Checked: Oct 4 at 5:06PM
MLS# 220224221
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 multifamily property combines a 3-bedroom, 1-bathroom main residence with a detached rear duplex. The two additional units provide 2 bedrooms and 1 bathroom and 1 bedroom and 1 bathroom, respectively. Both duplex units have full kitchens and share a laundry room. The property contains 2,226 square feet on a 0.15-acre lot and was built in 1925.
Located at 625 W Jackson Street in Medford, the property has alley access along with driveway and on-street parking options. Public water and public sewer serve the site. Interior features include an open floorplan and tile shower, while appliances include a dryer, oven, refrigerator, and water heater. Heating is electric, with wall/window and window unit cooling.
Located at 625 W Jackson Street in Medford, the property has alley access along with driveway and on-street parking options. Public water and public sewer serve the site. Interior features include an open floorplan and tile shower, while appliances include a dryer, oven, refrigerator, and water heater. Heating is electric, with wall/window and window unit cooling.
Key Highlights
- 2,226‑square‑foot multifamily property on a 0.15‑acre lot
- Three‑unit configuration: 3‑bedroom main home plus a 2‑bedroom and 1‑bedroom duplex
- Detached rear duplex includes full kitchens and a shared laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,936
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$418,720
$418.7K
Cap Rate 7%
$299,086
$299.1K
Cap Rate 9%
$232,622
$232.6K
Market Conditions
NOI Build-Up for 2,226 SF
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.
Gross rent
$40.1K $18.00/SF
− Vacancy
−$2.0K −$0.90/SF
EGI
$38.1K $17.10/SF
− OpEx
−$17.1K −$7.69/SF
NOI
$20.9K $9.41/SF
Area
Jackson County, OR
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$418,720
Cap Rate 7%
$299,086
Cap Rate 9%
$232,622
Alternative Uses
Best Use
Apartment 5plus
$299.1K
$261.7K – $348.9K
NOI $20,936 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$537.3K
$470.1K – $626.8K
NOI $37,610 @ 7.0% cap · market cap 11.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,293
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Three residential units include full kitchens, shared laundry, alley access, and a mix of one-, two-, and three-bedroom layouts.
Where is this multifamily property located?
The property is located at 625 W Jackson Street Medford, OR.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 2,226‑square‑foot multifamily property on a 0.15‑acre lot; Three‑unit configuration: 3‑bedroom main home plus a 2‑bedroom and 1‑bedroom duplex; Detached rear duplex includes full kitchens and a shared laundry room
