103 Hamilton St, Medford, OR 97501
Exceptional investment opportunity in Medford, Oregon, presents this well-maintained four-unit apartment building. Boasting 100% occupancy, this Class B property offers a strong 5.16% cap rate and a compelling price per unit of $187,500. Built in 1952 and extensively renovated in 2024, the 2,858 square foot building sits on a 0.12-acre lot and features a mix of one and two-bedroom units, each equipped with a complete kitchen (range/oven, microwave, fridge, dishwasher) and in-unit laundry (washer/dryer). Exterior stairs are brand new, and several units feature recent upgrades including new flooring, dishwashers, blinds, microwaves, and washer/dryers. The property includes five garages, with one potentially rentable separately. A shared BBQ picnic area enhances tenant appeal. Long-term tenants contribute to consistent cash flow. Its prime location near schools, businesses, shopping, and restaurants ensures high demand. This desirable complex presents a rare opportunity for investors seeking a stable, high-return property in a thriving Oregon market. The asking price is $750,000, translating to $262.42 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.