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1808 Spring Street

Medford, OR 97504
  • $1,699,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 220217466
$1,699,000
  • 0
    BEDS
  • 2.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
Built:
1947
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of eXp Realty, LLC :.

Description

This fantastic investment opportunity features a total of 10 units--comprised of 8 stick-built homes plus a duplex--all situated on over 2 acres of commercially zoned land in East Medford. This unique property offers incredible potential for future development. Most units have been refreshed with modern updates, providing a sophisticated mix of stabilized income and untapped value-add upside. Each unit is individually metered for electricity, significantly enhancing management efficiency and tenant accountability. The property is perfectly located in a highly desirable area near parks, dining, and shopping, while still offering a sense of privacy with mature trees surrounding the grounds. With a 6.7% cap rate and long-term growth potential, this is an excellent opportunity for investors seeking a well-positioned, income-producing rental portfolio with scalability. The commercial zoning and large acreage make this a true standout for those looking to expand their real estate footprint.

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Central Oregon Association of Realtors logo © 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of High Desert Realty. Data last updated: .2026-04-21T23:43:42.62
www.bendoregonrealestate.com/homes/174278761
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1808 Spring Street Medford, OR 97504

  • Price: $1,699,000
  • Status: Active
  • On Site: 33 Days
  • MLS #: 220217466
0
Beds
0
Baths
0
½ Baths
2.24
Acres
1947
Built
Neighborhood:
N/A
County:
Jackson
Area:
Medford
Elementary School:
Lone Pine Elem
Middle School:
Hedrick Middle
High School:
South Medford High
Property Description
This fantastic investment opportunity features a total of 10 units--comprised of 8 stick-built homes plus a duplex--all situated on over 2 acres of commercially zoned land in East Medford. This unique property offers incredible potential for future development. Most units have been refreshed with modern updates, providing a sophisticated mix of stabilized income and untapped value-add upside. Each unit is individually metered for electricity, significantly enhancing management efficiency and tenant accountability. The property is perfectly located in a highly desirable area near parks, dining, and shopping, while still offering a sense of privacy with mature trees surrounding the grounds. With a 6.7% cap rate and long-term growth potential, this is an excellent opportunity for investors seeking a well-positioned, income-producing rental portfolio with scalability. The commercial zoning and large acreage make this a true standout for those looking to expand their real estate footprint.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Frame Exterior Features [] Foundation Details BlockPillar/Post/PierOther Lot Features [] Parking Features Driveway Roof Composition Window Features Aluminum FramesVinyl Frames

Interior Features

Appliances CooktopDishwasherOvenRefrigerator Basement None Cooling Central AirHeat PumpWall/Window Unit(s) Cooling YN Yes Fireplace Features [] Flooring CarpetLaminateVinyl Heating ElectricHeat Pump Heating YN Yes Interior Features [] Levels One

Property Features

Accessibility Features [] Additional Parcels YN No Association Amenities [] Association YN No Building Area Total 6086 CCRs YN No Common Walls 1 Common WallNo Common Walls Community Features [] Listing Terms CashConventional New Construction YN No Other Structures [] Property Sub Type Multi Family Road Frontage Type [] Road Surface Type [] Security Features [] Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 11299.8 Tax Year 2025 View [] Water Source Public Waterfront Features [] Zoning Description C-N

Listing information © 2026 MLS of Central Oregon
Listing provided courtesy of eXp Realty, LLC :.

Central Oregon Association of Realtors logo © 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than High Desert Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of High Desert Realty. Data last updated: .2026-04-21T23:43:42.62
 
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High Desert Realty
101 NE Greenwood Ave Suite 100
Bend OR, 97701
Listing provided courtesy of eXp Realty, LLC :.