For Sale
$750,000

103 Hamilton StMedford, OR 97501

Medford Multifamily Investment: High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • Well-maintained four-unit apartment building in Medford, Oregon with 100% occupancy.
  • Strong 5.16% cap rate and $187,500 price per unit.
  • 2,858 sq ft building on a 0.12-acre lot, renovated in 2024.
  • Mix of one- and two-bedroom units with in-unit laundry and appliances.
  • Five garages, one potentially rentable separately; shared BBQ area.
  • Asking price: $750,000 ($262.42/sq ft).

Property Details for 103 Hamilton St

Property type
Apartment buildings
Square Feet
2,858 SF
Class
B
Year Built/Renovated
1952/2024
Buildings
1
Stories
2
Lot Size (sq. ft)
5,227 SF
Units
4

Location Insight

City
Medford
County
Jackson
State
Oregon
Latitude
42.322233888861
Longitude
-122.88528875728
103 Hamilton St, Medford, Oregon

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103 Hamilton St
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