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

May 15, 2024

Updated

Map

1225 Corona Avenue
Medford OR, 97504

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


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

75


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 3:40 PM UTC, 5/15/2024

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