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1128 W Main St, Medford, OR, 97501

3beds
2baths
1,731sqft
$325,000
$188price/sqft
$2,101/moest. monthly cost
$84,040/yrincome needed

About This Home

Great Investment Oppurtunity. Rents between both units are currently $2700 a month. Property has Seperate Water and Gas Meters. On the main level apartment their is Central heating and air with a new hot water heater. New stairs to apartment on 2nd floor, new gas heater. Possible mix use with Business below and still able to rent or live in above apartment. Both tenants are month to month and would like to stay. Buyers to due their own due diligence to all aspects of the property.

Getting Around

63
WalkingSomewhat Walkable
34
TransitSome Transit
74
BikeVery Bikeable

Schools

2/10
2/10
Mcloughlin Middle SchoolGrades 6-80.4 mi
6/10
South Medford High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1928

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range,Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Wood Frames
  • Flooring: Carpet,Vinyl
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Heat Pump,Natural Gas
  • Cooling features: Central Air,Heat Pump,Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,731
  • Total interior livable area: 1,731 sqft

Property

Details

  • Parcel number: 10396519
  • Zoning description: C-C
  • Special condition: Standard
  • Exclusions: Tenant personal property

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 4,791 sqft

Parking

  • Parking features: Asphalt,Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Winter Weather
Earthquake
Heat Wave

FEMA Declared Disasters in Jackson County and Oregon

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$85$1,020
Property Taxes $197$2,364
Electricity $176$2,119
Total$2,101$25,212
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,034/yr
40% on housing$63,030/yr
45% on housing$56,026/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 97501$191
Jackson County$260

vs Homes Sold Last Month

Median $/sqft

ZIP 97501$247
Jackson County$265

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-20Listed for sale$325,000
2024-09-18Listing removed$240,000
2024-07-08Price change$240,000
2024-06-06Price change$250,000
2024-05-15Price change$265,000
2024-03-23Listed for sale$275,000

For Sale by Agent

AgentKarla Jefferson
BrokerageRE/MAX Integrity

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