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Property profile & analytics
OFF-MARKET
Estimated value
$2,400,000
Residential income homes
113 Cottage St, Medford, OR 97504-7375
Individually Owned
4-yr Hold
Absentee Owner
Property ID
US71-0794771
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1964
Total area
13,298 SF
Lot
0.39 ac (16,988 SF)
Zoning code
MFR-20
APN
1-0364490
UPID
US71-0794771
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
Current use
Occupant on record · Public records
-
Dave and Nancys Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.44M
CAP Approach
CAP
$2.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.40M
Owner & transaction history
Ronald L Deluca · 4 yrs held
Ronald L Deluca
since 2021
Last sale
$2.4M
5 recorded transactions
Zoning & alternative use
MFR-20 · Medford, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.6M
+339.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Medford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,350,000
ML approach
$2,435,000
CAP Approach
CAP Return
Estimation
6%
$2,375,000
6.5%
$2,190,000
7%
$2,035,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,635,000
Change: +340% · Conversion: Moderate
Blend value · Realmo final
$2.40M
Range $2.16M – $2.64M · ±10% · vs last sale $2.41M (Nov 30 2021)
Last sale anchor
$2.41M
Nov 30 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$180 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,244
Tax year 2023
Assessed value
$955,060
Assessed 2023
Previous assessed
$955,060
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$109,060
Assessed improvement
$846,000
Land market value
$373,180
Improvement market value
$2,180,000
Total market value
$2,553,180
Applied tax rate
4,901.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1964
Heating
NONE
Units
1
Total area
13,298 SF
Lot
0.39 ac (16,988 SF)
Zoning code
MFR-20
APN
1-0364490
UPID
US71-0794771
Jurisdiction
JACKSON
Zoning & alternative use
MFR-20 · Medford, OR
Zoning MFR-20 · permitted uses
MFR-20 · Medford, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Medford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.6M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Ronald L Deluca
Individual
Mailing address
800 ELLENDALE DR, MEDFORD, OR 97504-8211
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
$2,410,000
Ronald L Deluca
Charlene Trotman
Warranty Deed
$1,762,500 · Banner Bank
Feb 18, 2005
—
Riehm,bob Trust
Riehm,robert P
Quit Claim Deed
related
—
Oct 26, 1993
$400,000
Robert Paul Riehm
Hescock,floyd W JR
Grant Deed
related
—
Nov 22, 1989
—
Floyd W Hescock JR.
Hescock,floyd
Grant Deed
related
—
Apr 13, 1983
$40,000
Hescock,floyd
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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