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1225 Corona Avenue

Medford, OR 97504
  • $1,495,000
  • STATUS: Active
  • ON SITE: 284 Days
  • MLS #: 220177777
UPDATED: 37 min ago
$1,495,000
  • 3
    BEDS
  • 1.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,044
    SQFT
  • $731
    $/SQFT
Neighborhood:
N/A
Type:
Single-Family Home
Built:
1946
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Ford Real Estate :.

Description

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.

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Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2024-12-11T20:44:07.35
www.arendsrealtygroup.com/homes/148176710
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1225 Corona Avenue Medford, OR 97504

  • Price: $1,495,000
  • Status: Active
  • On Site: 284 Days
  • Updated: 37 min ago
  • MLS #: 220177777
3
Beds
2
Baths
0
½ Baths
1.18
Acres
2,044
SQFT
$731
$/SQFT
1946
Built
Neighborhood:
N/A
County:
Jackson
Area:
Medford
Elementary School:
Wilson Elem
Middle School:
Hedrick Middle
High School:
North Medford High
Property Description
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.
Exterior Features

Architectural Style Contemporary Attached Garage YN No Body Type [] Construction Materials Frame Exterior Features [] Foundation Details Slab Garage YN Yes Lot Features [] Parking Features Asphalt Roof Composition Window Features []

Interior Features

Appliances CooktopDishwasherDouble OvenDryerRange HoodRefrigeratorWasher Basement None Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring ConcreteTile Heating Heat Pump Heating YN Yes Interior Features [] Kitchen Yes Levels One

Property Features

Accessibility Features [] Accessory Dwelling Unit YN No Additional Parcels YN Yes Association Amenities [] Association YN No Building Area Total 2044 CCRs YN No Common Walls No Common Walls Community Features [] Horse YN No Irrigation Source [] Irrigation Water Rights YN No Listing Terms CashConventional New Construction YN No Other Structures [] Property Sub Type Single Family Residence Rented YN No Road Frontage Type [] Road Surface Type [] Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 6688.36 Tax Year 2023 View [] Water Source Public Waterfront Features [] Zoning Description SFR-4

Listing information © 2024 MLS of Central Oregon
Listing provided courtesy of Ford Real Estate :.

Central Oregon Association of Realtors logo © 2024 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2024-12-11T20:44:07.35
 
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Arends Realty Group | Ponderosa Properties, LLC
178 S Elm St Suite 102/103
Sisters OR, 97759
Listing provided courtesy of Ford Real Estate :.