James & Angie Smith

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Listing provided courtesy of eXp Realty, LLC- MLS# 220222394MLS Provider

2921 Table Rock RoadMedford, OR 97501

Multi-Family · 2,672 Sq. ft. | 0.46 Acres
$650,000 Active

2921 Table Rock Road Overview

Time on Site:
31 days
Visits:
1

Current cap rate of 8.956% offers strong cash flow performance while recent improvements--including the addition, kitchen upgrades, and fresh paint--help reduce immediate capital expenditure needs. Investment opportunity with multiple income streams and future development potential. This versatile property currently features three rented residential units, four rented RV parking spaces, and six additional RV/boat parking spots with room to increase revenue. Zoned and positioned for future growth, the property can be divided into two separate lots, each allowing up to four units, creating exceptional long-term expansion potential for investors or developers. Rare combination of stabilized income, value-add opportunity, flexible parking/storage revenue, and future density potential in one property.

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2921 Table Rock Road Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,672
  • Price/Sq.ft. $243
  • Lot 0.46 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Howard Elem
  • Middle Or Junior School: McLoughlin Middle
  • High School: North Medford High

Income/Expenses

  • Gross Income: 64680.0
  • Net Operating Income: 63480.0
  • Operating Expense: 1200.0

Building Information

  • New Construction: false
  • Year Built: 1940

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: Garden Acres

Tax Information

  • Tax Annual Amount: 1596.7
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 10486135
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2672.0

General Information

  • Common Walls: No Common Walls
  • Flooring: Vinyl,Other
  • Foundation Details: Block,Concrete Perimeter
  • Levels: One
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Assigned,Driveway,RV Access/Parking,Other

Lot Information

  • Additional Parcels: false
  • Lot Features: Fenced,Level
  • Lot Size Acres: 0.46
  • Lot Size Area: 0.46
  • Lot Size Square Feet: 20037.6
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Neighborhood

Building Exterior/Construction

  • Architectural Style: Contemporary,Traditional,Other
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Asphalt,Composition,Metal

General Information

  • Number Of Units Total: 3
  • Other Structures: Poultry Coop,RV/Boat Storage
  • Road Frontage Type: Shared Access
  • Sewer: Public Sewer

2921 Table Rock Road Neighborhood

Community

97501 (MEDFORD) Demographics

36
Median Age
887
Population Density (per sq. mile)
25%
College Educated
$48,865
Estimated Median Income
10,029
Estimated Total Home Owners
8,656
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2921 Table Rock Road Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2921 Table Rock Road Market Data

Based on the last 30 days in this zip code

$367,086
Average List Price
$240
Average Price per Square Foot
37
Properties Sold
113
Average Days on Market
267
Properties for Sale
Calculations provided by Reliance Network

2921 Table Rock Road History

Date Event Value Agent
5/29/2026Source: Oregon Datashare Added to Database
May 29, 2026