1935 Table Rock Road

Medford, OR 97501

$3,300,000
Price
Beds
13,191 Sq. Ft.
$250 / Sq. Ft.
13,191
Sq. Ft.
$250
per Sq. Ft.

Description

Brand new construction 20-unit, two-story apartment complex. Ideally located close to Highway 99 and Interstate 5 Exit 30. Each unit features a fully equipped kitchen, along with a Full-size washer and dryer. Unit amenities include mini-splits and a one-to-one parking ratio. New construction apartments in Oregon are given a 15-year exemption from rent control laws, providing flexibility for a new owner to set rents at the Property.Brand new construction 20-unit, two-story apartment complex. Ideally located close to Highway 99 and Interstate 5 Exit 30. Each unit features a fully equipped kitchen, along with a Full-size washer and dryer. Unit amenities include mini-splits and a one-to-one parking ratio. New construction apartments in Oregon are given a 15-year exemption from rent control laws, providing flexibility for a new owner to set rents at the Property.
  1. Listed by Ian Crist • Bridge Creek Realty

Property Details for 1935 Table Rock Road

Parking Features
Assigned
Zoning
C-C
Parking Total
20.00
LISTING UPDATED: 10/29/2024 11:48 AM

Property Details for 1935 Table Rock Road

StatusActive
MLS #24074633
Days on Market57
Taxes$15,084 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2023
Lot Size0.51 AC / 22,215 SF
CountyJackson County

Building Information for 1935 Table Rock Road

Stories2Residences20Year Built2023Building Size-Lot Size0.51 AC / 22,215 SF

Property Information for 1935 Table Rock Road

Summary
Location and General Information
  • Country: US
  • Directions: 1953 Table Rock Rd, Medford OR 97501
  • Road Surface: Paved
School Information
  • Elementary School: Howard
  • High School: North Medford
  • Middle Or Junior School: Hedrick
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $15,084.00
  • Parcel Number: 10983685
  • Tax Legal Description: Census Tract / Block: 3.00 / 1 , Township-Range-Sect: 37-2W-13
Property
Lot Information
  • Acres: 0.51
  • Lot Size Square Feet: 22215.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 2023
Utilities
  • Cooling Description: Wall Unit
  • Fuel Description: Electricity
  • Heating Description: Mini Split
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 20
  • Gross Income Actual: $291,000.00
  • Gross Income Projected: $306,528.00
  • Gross Rent Multiplier: $11.34
  • Net Income Actual: $213,764.00
  • Net Income Projected: 219107
  • Operating Expenses Projected: $85,286.00
  • Operating Expense: $74,686.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 13191
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 1
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,172
  • Unit Type 1 SqFt: 553.0
  • Unit Type 1 Units Total: 18
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,575
  • Unit Type 2 SqFt: 736.0
  • Unit Type 2 Units Total: 2

Property History for 1935 Table Rock Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1935 Table Rock Road

Taxable ValueLand$270,020Additions$741,350Total$1,011,370
Tax Record2023$15,084 ($1,257 / month)
Home Facts
Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtLot Size22,216 SqFtStyleDuplexYear Built1950ZoningC-CCountyJACKSONAPN1-0983685

Schools near 1935 Table Rock Road

This home is within Medford School District 549c.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Howard Elementary School
PublicK to 6

Hedrick Middle School
Public6 to 8

North Medford High School
Public9 to 12

The Valley School of Southern Oregon
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1935 Table Rock Road is a multi-family home for sale in Medford, OR 97501. This property was listed for sale on September 25, 2024 by Bridge Creek Realty, it's currently listed at $3,300,000. It has been on the market for a total of 57 days and was last sold on August 31, 2006. This listing's school district is Medford School District 549c. Nearby schools include Howard Elementary School, Hedrick Middle School and North Medford High School. 1935 Table Rock Road is a 0-bed, 0-bath, 13,191 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bridge Creek Realty

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