516 J Street | 7-Unit Apartment Complex in Medford, Oregon

Martin Outdoor Property Group, in coordination with Merit Commercial Real Estate, is pleased to exclusively present for sale 516-520 J Street, a clean newer-vintage 7-unit apartment complex located in Medford, Oregon (the ‘property’).

A rare public offering of a quintessential apartment complex producing strong income in Medford, the Property presents an opportunity for investors to step into an established asset in a mature neighborhood.

Enjoying a great mix of large, townhome-style units, garages, parking, and private yards, the Property has also had significant recent updates and renovation.

The property itself consists of three distinct buildings: two triplex buildings with 2-bed / 1.5-bath, 2-story units, and a third structure with 4 private garages and a walk-up 1-bed / 1-bath unit above.

There are an additional 3 private garages adjoining the south triplex building, allowing each unit to enjoy a private enclosed garage included with their lease. Each townhome unit also enjoys a private fenced rear yard, providing outdoor space for each tenant.

Sited on a level, centrally-located lot, the Property has two existing curb cuts, with 5 dedicated parking spaces but room for up to 8 vehicles in the parking lots, not including the garages.

The surrounding neighborhood is a mix of owner-occupied residential, some commercial, and rentals, and is close 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 a handful of the tenants to be at below market rates. Recent capex spend is significant, with all new roofs in 2025, several interior renovations, and much more.

516-520 J Street is an attractive opportunity to unlock significant value from both an established neighborhood and a proven sub-market. Contact brokers for more info.