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About this home
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.
Northwest Medford, located between West Main Street and the Rogue River, is a residential and civic Medford neighborhood with tree-lined blocks and foothill views. The neighborhood’s character concentrates around West Main Street near North Central Avenue, where galleries, coffee counters, and small eateries set a steady daytime rhythm. Early- and mid-century houses mix with newer infill, with sidewalks leading toward downtown’s storefront grid. The Rogue River Greenway frames the north edge with multi-use paths and riverbank scenery. Medford Railroad Park and the nearby Bear Creek Park add weekend-scale open space and community events. The Craterian Theater at The Collier Center and Rogue Gallery & Art Center anchor arts and performance close by.
Provided by Walk Score and Local Logic
Offer insights
2921 Table Rock Rd · $600,000
$604K and above
75% chance or better to win
Why $604K+ is a strong offer
DAYS ON MARKET
5 days
The average home goes pending in 2 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Linen closet
Carbon monoxide detectors
Smoke detectors
Bedrooms
Unit 1: 4 bedrooms
Unit 2: 1 bedroom
Unit 3: 2 bedrooms
Bathrooms
Unit 1: 3 full baths
Unit 2: 1 full bath
Unit 3: 1 full bath
Kitchen
Dishwasher
Oven
Range
Range hood
Water heater
Laundry & utility
Separate electric meters
Separate gas meters
Flooring
Laminate
Vinyl
Heating & cooling
Forced air heating
Heat pump
Natural gas heating
Wall/window air conditioning units
Exterior features
RV hookup
RV dump
Fenced lot
RV/boat storage
Paved road access
Home design
Residential income property
Multi-family
One level
Built in 1940
No common walls
Parking
Two carports
Attached carport
Detached carport
Driveway
Gated access
Gravel parking areas
RV access/parking
Shared driveway
Additional storage
Parking lot (additional spaces)
10 other parking spaces
Security
No audio or video surveillance on premises
Construction
Frame construction
Composition roof
Concrete perimeter foundation
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Phone connected
HOA & community
No CCRs
Financial info
Three total units
Unit 1 monthly rent: $2,700
Unit 2 monthly rent: $1,200
Unit 3 monthly rent: $1,200
Other
Zoning: SFR-6
Property has flood designation: Yes
Electricity and solar
View estimated energy costs and solar savings for this home
Great investment opportunity close to town! Multifamily property with two frame built homes and one manufactured home. Private access, tons of parking and room to make it your own
MLSCO #100242697
Dec 13, 2020
Listing Removed
—
May 7, 2004
Listed
$189,900
$71/sq ft
MLSCO #100972649
Dec 13, 2020
Listing Removed
—
Jul 25, 1997
Listed
$95,000
$36/sq ft
Public Records
May 25, 2007
Sold
$250,000
$94/sq ft
Public Records
Sep 26, 1991
Sold
$45,563
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,549 (+2.1%)
$66,640 + $41,150
$107,790
2024
$1,516 (−10.6%)
$66,640 + $41,150
$107,790
2023
$1,696 (+2.5%)
$62,810 + $50,940
$113,750
2022
$1,655 (+2.6%)
$60,980 + $49,460
$110,440
2021
$1,612 (+2.2%)
$60,980 + $49,460
$110,440
2020
$1,578 (+2.4%)
$59,210 + $48,020
$107,230
2019
$1,541 (+2.6%)
$57,480 + $46,630
$104,110
2018
$1,502 (+1.8%)
$54,150 + $43,990
$98,140
2017
$1,475 (−0.6%)
$52,580 + $42,710
$95,290
2016
$1,484 (+4.1%)
$51,048 + $41,470
$92,518
2015
$1,426 (+1.8%)
$49,570 + $40,260
$89,830
2014
$1,401
$48,130 + $39,090
$87,220
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.46 Acres
Year renovated
1945
Finished Sq. Ft.
400
Unfinished Sq. Ft.
—
Total Sq. Ft.
400
Year built
1940
Style
Single Family Residential
County
Jackson County
APN
10486135
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
SFR-6
Single-Family Residential District
These two urban residential districts provide for standard and higher density single-family detached dwellings, duplexes, triplexes, quadplexes, townhouses, cottage clusters, and mobile home parks.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Infrastructure
Communications tower
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
31 unhealthy days expected this year, 32 days in 30 years
Provided by First Street
Historical weather
Medford, OR • 97501
Average low and high temperatures (°F)
47
31
49
34
59
38
64
40
72
46
81
53
89
60
87
58
81
54
64
43
51
37
46
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2921 Table Rock Rd
$592,765
$7,235 under list price of $600K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $380K to $500K.