Three-Unit
825 W 13th Street, Medford, OR 97501
For Sale
$350,000
The property combines a three-residence layout with a sizable parcel zoned Sfr-10.
Property Size1,793 SF
Lot Size0.30 Acres
Price / SF$195.20
Days on Market125
Property Features for 825 W 13th Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
John L. Scott Medford
(541) 779-3611
Listed By:
Gwendolyn E Christensen
Source:
Desertskyrealestate
Added: Jul 9
Changed: Nov 8
Last Checked: Nov 9 at 8:54AM
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 John L. Scott Medford
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Investment Insights
Based on property information with market context.
This 1,793-square-foot triplex was built in 1910 and contains three apartments. Two units have two bedrooms and one bathroom each; the third has one bedroom and one bathroom.
The property occupies a 0.30-acre lot with Sfr-10 zoning. Downtown amenities and major routes are nearby.
The property occupies a 0.30-acre lot with Sfr-10 zoning. Downtown amenities and major routes are nearby.
Key Highlights
- Three apartments: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit
- 1,793‑square‑foot building constructed in 1910
- 0.30‑acre parcel zoned Sfr‑10
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,214
Cap Rate
5.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,280
$384.3K
Cap Rate 7%
$274,486
$274.5K
Cap Rate 9%
$213,489
$213.5K
Market Conditions
NOI Build-Up for 1,793 SF
Gross rent
$29.0K $16.20/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$27.4K $15.31/SF
− OpEx
−$8.2K −$4.59/SF
NOI
$19.2K $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%
$384,280
Cap Rate 7%
$274,486
Cap Rate 9%
$213,489
Alternative Uses
Best Use
Multifamily LT 5
$274.5K
$240.2K – $320.2K
NOI $19,214 @ 7.0% cap · market cap 5.49%
Second Best
Apartment 5plus
$240.9K
$210.8K – $281.1K
NOI $16,863 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$432.8K
$378.7K – $504.9K
NOI $30,295 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
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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?
Triplex - The property combines a three-residence layout with a sizable parcel zoned Sfr-10.
Where is this triplex located?
The property is located at 825 W 13th Street Medford, OR.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom/1‑bath units and one 1‑bedroom/1‑bath unit; 1,793‑square‑foot building constructed in 1910; 0.30‑acre parcel zoned Sfr‑10
