403 W 12th Street – 8-Unit Apartment Complex for Sale

A rare public offering of a straight-forward newer-vintage apartment complex producing exceptional income in Medford, the Property presents an opportunity for investors to step into an established asset in a mature neighborhood.

The property itself consists of four distinct buildings – a fourplex, 2 duplexes, and a large detached garage – sited on the corner of West 12th Street and South Ivy Street.

The fourplex (units 510-516), fronting S. Ivy Street, is comprised of (4) 2-bed / 1.5-bath townhouse-style units, with approximately 960 SF each. Facing W. 12th Street, the 403-405 duplex is an exceptionally clean single-level duplex, with (2) 2-bed / 1.0-bath units, private attached garages, and private yards.

The 405A-405B duplex, while smaller, enjoys a convenient layout with a 1-bedroom unit and studio, both with consistent rental history.

Finally, the standalone garage features 4 bays (not currently demised), and is leased independently to a local contractor until early 2026. A new owner could convert this building to 4 private garages serving the fourplex building.

While sited on the corner lot, the property is within a quieter, mature neighborhood, and is walking distance to Alba Park, Sacred Heart Catholic School, and Oakdale Middle. Located in a near-perfectly central location, the Property is a short drive to all that Medford has to offer.

The rent roll shows room on rents, with a handful of the tenants at below market rates. 403 W. 12th Street is an attractive opportunity to unlock significant value from both an established neighborhood and a proven sub-market.

Medford, OR – History and Profile

Medford is a vibrant city located in Southern Oregon, know n for its unique blend of natural beauty, cultural richness, and economic vitality. It serves as the county seat of Jackson County and is the fourth largest metropolitan area in Oregon. The city is renowned f or its picturesque landscapes, including the nearby Rogue River and the Siskiyou and Cascade mountain ranges, which offer a plethora of outdoor activities such as fishing, hiking, and rafting.

The Rogue Valley Downtown Medford Asante Hospital Expansion Economically, Medford has a diverse base, with healthcare, retail, and manufacturing being significant contributors. The city is home to the Rogue Valley Medical Center and Providence Medford Medical Center, which are major employers in the region. The retail sector has performed increasingly well, anchored by the Rogue Valley Mall, the expanding Northgate Center, and the award-w inning Medford Center.

The City has a strong sense of community as well as a diverse economy. Within a 15 minute drive, the Rogue Valley International-Medford Airport is the regional air t ravel hub for all of Southern Oregon, with well over 1M annual travelers. Breathtaking outdoor recreational activities are moments aw ay; Upper and Lower Table Rock, the Rogue River, dozens of lakes, as well as the Crater Lake National Park are all within an easy drive.

Overall, Medford is a city that blends its historical roots with a forward-looking perspective, making it a desirable destination for businesses and residents alike.