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    OFF-MARKET
    Commercial real estate

    103 Hamilton St, Medford, OR 97501

    2,858 SF 0.12 ac lot Built 1952
    Individually Owned 1-yr Hold
    Property ID
    US71-0211404
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1952
    Total area 2,858 SF
    Lot 0.12 ac (5,227 SF)
    UPID US71-0211404
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Andrew Heringer · 1 yrs held
    Andrew Heringer
    since 2025
    3 recorded transactions
    2025
    $714,000
    2022
    2017
    $374,050
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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