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Listing provided courtesy of John L. Scott Ashland- MLS# 220220187MLS Provider

515 Liberty StreetMedford, OR 97501

Multi-Family · 2,699 Sq. ft. | 0.14 Acres
$550,000 Active

515 Liberty Street Overview

Time on Site:
63 days
Visits:
1

TURNKEY 4-PLEX; outstanding investment opportunity at 515 Liberty is a fully updated fourplex in a high-demand location delivering a 10%+ cap rate with strong rental history. The property features three furnished 2-bedroom, 1-bathroom units and one furnished 1-bedroom, 1-bathroom studio--all move-in ready. These units have consistently rented between $1,600-$1,800+ per month, supported by steady demand from traveling nurses and seasonal tenants. Additional updates include a newer roof, electrical, and plumbing systems. Sold as-is. Conveniently located near shopping, restaurants, schools, and hospitals with off-street parking for each unit. A true turnkey investment with excellent cash flow and long-term value.

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515 Liberty Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,699
  • Price/Sq.ft. $204
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Check with District
  • Middle Or Junior School: Check with District
  • High School: Check with District

Income/Expenses

  • Gross Income: 76800.0
  • Net Operating Income: 70696.0
  • Operating Expense: 6104.0

Building Information

  • New Construction: false
  • Year Built: 1925

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: Kendall Addition

Community/Development

  • Community Features: Pickleball,Access to Public Lands,Gas Available,Sport Court,Tennis Court(s),Trail(s)

Tax Information

  • Tax Annual Amount: 2493.21
  • Tax Year: 2025

General Information

  • Inclusions: All furnishings and appliances
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 10387633
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2699.0

General Information

  • Appliances: Cooktop,Dishwasher,Dryer,Oven,Range,Washer
  • Basement: None
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Foundation Details: Concrete Perimeter
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s)
  • Window Features: Aluminum Frames,Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Driveway,Gravel

Lot Information

  • Additional Parcels: false
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Square Feet: 6098.4
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • View: City,Neighborhood

Building Exterior/Construction

  • Architectural Style: Traditional
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition,Membrane

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

515 Liberty Street 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.

515 Liberty Street Monthly Cost

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$ %
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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.

515 Liberty Street Market Data

Based on the last 30 days in this zip code

$368,725
Average List Price
$241
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
263
Properties for Sale
Calculations provided by Reliance Network

515 Liberty Street History

Date Event Value Agent
6/1/2026Source: Oregon Datashare Price Reduction
$550,000 -4.3%
5/26/2026Source: Oregon Datashare Price Increase
$575,000 11.7%
5/19/2026Source: Oregon Datashare Price Reduction
$515,000 -14.2%
4/27/2026Source: Oregon Datashare Added to Database
April 27, 2026