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$675,000
220228305 MLS
Here's a rare opportunity to own a well-established five-unit property in a convenient West Medford location. Three buildings house five 2-bedroom, 1-bath units, all currently rented with tenants who have expressed a desire to stay. Each unit includes its own garage, washer/dryer and appliances, and water, sewer and garbage are included in the rent. The property has been thoughtfully maintained and updated, including four new street-facing windows, fresh landscaping, bark and flowers, trimmed shrubs and touch-up painting. Unit 1013 offers central HVAC and an attached workshop; the remaining units have wall-mounted heat and AC. Conveniently situated near downtown Medford, the freeway, local golf courses and more. And, this is a particularly interesting moment to take a look: smoke season is behind us, school is beginning, and the holidays are still ahead. Good properties don't always wait for perfect conditions, and neither should good investors.

1007 W 9th Street, Medford

Listing courtesy of John L. Scott Ashland.

$600,000
220227321 MLS
Investor opportunity with multiple income streams! This turnkey 3-unit multifamily property is currently producing substantial rental income, with additional revenue generated from RV storage. Situated on a large parcel offering exciting future development potential, with the possibility of creating up to 4 additional building lots (buyer to verify with appropriate agencies). Continue operating as an income-producing investment while exploring options to maximize the property's long-term value. A unique opportunity combining immediate cash flow, multiple rental units, storage income, and potential future development. Ideal for investors looking to expand their portfolio with a property that offers both strong current use and upside potential.

2921 Table Rock Road, Medford

Listing courtesy of RE/MAX Platinum.

$775,000
220227027 MLS
Unique opportunity on a beautifully landscaped .63-acre lot with two homes and excellent income potential! The main home offers approx 2731 sq ft, 3 spacious bedrooms, 2 full baths, a large living room, and a huge oversized family/flex room overlooking the backyard. Features include a generous primary suite, large laundry/storage room, attached oversized drive through 2-car garage with two storage rooms, and a large Trex deck. The second home offers 1800 plus sq ft and is currently used as an Airbnb, features a spacious living room, full kitchen with granite counters, primary bedroom with private bath and jetted tub, mini split system, shop/2-car garage space, and a covered patio. Enjoy fenced yards, mature landscaping, two separate driveways, and an RV dump. Conveniently located near medical facilities, Providence hospital, shopping, restaurants, and everyday amenities. Great potential for multi-generational living, care facilities, or rental income. Fantastic and move-in ready!

1320 Covina Avenue, Medford

Listing courtesy of RE/MAX Integrity.

$359,900
220224493 MLS
OPPORTUNITY to increase income here on this 3 unit property, two units are rented and have steady tenants- the third needs some repairs. Someone could live in the back unit and offset their expenses with the front income producing rentals. The units are 2366, 2368and 2370 Sunset Ct off of Lozier Lane. There is some deferred maintenance, but this leaves room to improve the income here. 2366 is a 759 sq.ft. 2 bedroom, 1 bath house with a garage. (tenants in place, do not disturb) 2370 is a 400 sq.ft. Kit mobile with additions, 2 bedroom and one bath. (tenants in place, do not disturb) and 2368 is a 1978 Mfd home, double wide 768 sq.ft. that is in need of some new porches and a few things to spruce it up. There is also a detached garage/shop over there Call listing agent for more information, requires 24 hour notice to show. Will not finance conventionally, and showings to qualified buyers only.

2370 Sunset Court, Medford

Listing courtesy of 541 Real Estate LLC.

$315,000
220224221 MLS
Income-producing opportunity with endless potential! The seller previously rented the main home for over $1,400/month and each duplex unit for $850/month. This unique property features a 3-bedroom, 1-bathroom main home plus a detached duplex in the rear. One unit offers 2 bedrooms and 1 bathroom, while the second features 1 bedroom and 1 bathroom. Both units include full kitchens and share a convenient laundry room. Situated on a 0.15-acre lot with alley access, this property is ideal for investors, multi-generational living, or those looking to offset their mortgage with rental income. Centrally located near schools, shopping, restaurants, and downtown Medford nightlife. With good bones and endless potential, bring your vision and make this property shine. Schedule your showing today before it's gone!

625 W Jackson Street, Medford

Listing courtesy of John L. Scott Medford.

$359,000
220223684 MLS
Well-maintained triplex with recent updates and strong income potential. Property features two attached 1 bed/1 bath units and one detached 2 bed/1 bath unit, offering a versatile unit mix for tenants. Units 1 and 2 have been extensively refreshed with mini-splits, new interior paint, flooring and carpet, updated kitchen cabinets, countertops, sinks, lighting, and bathroom sink/plumbing improvements. All three units received a new roof in 2023, providing peace of mind for years to come. Separate gas and electric meters help simplify property management and tenant billing. Currently generating $39,120 in annual gross income. Under current operating performance, the property projects to a stabilized CAP Rate just under 8.86% based on trailing expense run-rate. A great opportunity for investors seeking a turnkey income-producing property with recent capital improvements already completed.

108 N Columbus Avenue, Medford

Listing courtesy of John L Scott Real Estate Grants Pass.

$669,900
220222128 MLS
Looking to increase your revenue? Don't miss this turnkey investment opportunity offered at $699,900 with a total gross rent of $75,156 and net income of $48,865. This property features a total of 5 units spread across two distinct buildings on a single .18-acre tax lot zoned SFR-10. The property has a total building space of 7,841 square feet. Don't let the age of this home scare you, the updates on both structures have been extensive. There is a two-story triplex with 3 units and a separate two-story duplex where each floor serves as its own individual unit; the buildings also feature separate power meters and their very own private laundry facility located onsite. Total gross rental income at a monthly rate for $6,263. The property is currently occupied aside from one unit on the triplex for your viewing purpose.

60 N Orange Street, Medford

Listing courtesy of John L. Scott Medford.

$799,000
220219748 MLS
Rare multi-unit property offering flexibility, strong income, and modern updates. Situated on two tax lots zoned Commercial Service Provider, this property features five renovated units-ideal for continued long-term rentals, short-term lodging, or mixed-use possibilities. The first lot includes a 1,200-sq-ft, 3-bedroom, 1-bath home, while the 2nd. lot hosts four additional units: three studio apartments and one 1-bedroom apartment. Each unit has been completely refreshed with new HVAC systems, flooring, paint, cabinets and more, ensuring comfort and efficiency for tenants or guests. A shared laundry facility, alley access, and ample on-street parking add convenience and appeal. Currently fully rented and professionally managed, the property generates $6,495 per month in gross income, with the seller reporting a 7.5% cap rate. If you're seeking a turnkey investment or exploring short-term rental potential, this property delivers exceptional versatility and value. Upgrade list attached.

329 S Grape Street, Medford

Listing courtesy of Landline Real Estate.

$420,500
220218990 MLS
This versatile property presents a rare dual-income investment opportunity with two well-maintained residences on one lot. The primary 1,056-square-foot 1945 cottage features two bedrooms, a full bath, and vintage character showcased through formal dining built-ins, a cozy kitchen nook, and an expansive laundry porch. Modern updates like a newer roof and white vinyl windows offer peace of mind, complemented by a private patio and detached garage. Tucked quietly on the alley, the second 1978 residence includes two bedrooms, one bath, a walk-in pantry, laundry hookups, and fresh carpets. This unit features its own carport, private patio, and a yard with efficient irrigation. Both homes show beautifully and are currently occupied by stable tenants, providing immediate cash flow for the new owner. Priced for a quick, clean sale, this solid investment package is a turnkey addition to any portfolio--hurry, as a high-performing property like this won't last long!

306 Vancouver Avenue, Medford

Listing courtesy of eXp Realty, LLC.

$405,000
220218682 MLS
Investor opportunity with owner-financing potential! This spacious two-bedroom ground-floor unit comes with four separate studios on the second floor, plus a large garage. While the property requires some renovations, it currently generates an impressive annual income of $48,900, with a net profit over $38,000 annually, based on existing rents and condition. Enjoy the benefits of 100% occupancy and low turnover rates. Current rents are $1470, $675, $660, $650 and $620. Seize this unique chance to own five rental units in one property! This property is non-conforming and will likely not qualify for traditional financing, but there is potential for owner financing (6.5% amortized over 40 years with balloon payments). Sold as-is.

429 N Holly Street, Medford

Listing courtesy of Millen Property Group.

$395,000
220207679 MLS
INVESTORS, TAKE NOTICE! Potential assumable loan opportunity! This fully rented triplex in the heart of Medford offers immediate cash flow with $3,550 in monthly gross rental income. Featuring 2,124 sq ft of total living space on a 0.14-acre lot, this income-producing property includes three leased units, a shared fenced backyard, and off-street parking. Unit 1 is a 1-bedroom, 1-bath renting for $950/month with garbage, sewer, and water included. Unit 2 is a 2-bedroom, 1-bath renting for $1,200/month. Unit 3 is a 2-bedroom, 1-bath renting for $1,400/month with garbage, sewer, and water included. Originally built in 1910,this property blends classic character with established rental income and strong investment potential. Fully occupied and generating income from day one, this is an excellent opportunity to expand your portfolio or step into multifamily investing. Conveniently located near shopping, dining, and everyday amenities, adding even more appeal for current and future tenants.

214 N Peach Street, Medford

Listing courtesy of eXp Realty, LLC.

$409,900
220195703 MLS
This unique property features two separate bungalow-style homes on one lot, each with private entrances and no shared walls—ideal for families or investors. Both homes have been fully remodeled with fresh paint, new flooring, and updated kitchens with modern countertops and cabinets. The first unit is 640 sq. ft., 2 bed/1 bath, currently rented at $1,200/month with a lease through 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Recent updates include tree pruning to meet insurance requirements, new weed control, and fresh bark in the front yard. Conveniently located near schools, transit, medical care, and shopping, this property offers flexibility and income potential. A fantastic opportunity for a homeowner seeking rental income or an investor looking for steady returns!

502 Benson Street, Medford

Listing courtesy of Real Broker.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: