Active
1225 Corona Avenue
Medford OR, 97504
$1,495,000
$731.41 per sqft
Active
3 Beds
2 Baths
2,044 sqft
Residential
Built in 1946
Courtesy of Ford Real Estate, John Ford
This multifaceted property is located near Medford's highest population density neighborhood, Medford's sprouting financial district, and is situated about 200 feet from the Providence Medford Medical Center campus. A multitude of options are open with this luxury VRBO home on its own tax lot AND ALSO 3 additional, empty and individually sellable tax lots, all included for one price! Commercial zoning has already extended from McAndrews down Corona Avenue and the land currently abuts commercially zoned properties. Seller states that development of 32 units or a four story medical campus may be the highest and best use. Instant income is possible with its current VRBO, Airbnb, luxury rental set up with contemporary styling, custom concrete floors and fully updated throughout. Buyer to do their own due diligence on all aspects of use.
220177777
MLSⓇ ID
March 1, 2024
Listed
April 3, 2024
Updated
Map
1225 Corona Avenue
Medford OR, 97504
Interior Features
Total Stories
1
Bedrooms
3 Beds
Bathrooms
2 Baths
Interior Features
None, Kitchen
Appliances
Cooktop, Dishwasher, Double Oven, Dryer, Range Hood, Refrigerator, Washer
Floor Description
Concrete, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Heat Pump
Exterior/Building Features
Lot Size
1.18 Acres
Exterior Features
No Common Walls, Frame
Architectual Style
Contemporary
Roof
Composition
Sewer
Public Sewer
School Information
High School
North Medford High
Elementary School
Wilson Elem
Other Property Details
Taxes
$6,688
Tax Frequency
Annually
Days on Market
5
Garage
Yes
Garage Spaces
2
Parking
Asphalt
View
No
County
Jackson
Water Source
Public
Pool
No
Zoning
SFR-4
Green Building Features
Green Features
Public Utilities
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Data last updated 2:22 PM UTC, 4/3/2024