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50
Photos
1225 Corona Avenue, Medford, OR 97504
$1,495,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
2,044
sqft
Built in
1946
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.
Features & Amenities
Interior
- Rooms:
- Kitchen
- Appliances:
- Cooktop,Dishwasher,Double Oven,Dryer,Range Hood,Refrigerator,Washer
- Basement:
- None
- Flooring:
- Concrete,Tile
- A/C:
- Central Air
- Heating:
- Heat Pump
Exterior
- General:
- Frame
- Style:
- Contemporary
Construction
- Roofing:
- Composition
- General:
- One, Slab
Location
- County:
- Jackson
Lot
- Zoning:
- SFR-4, 10327596
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
This listing courtesy of:
Ford Real Estate
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Medford, OR
Housing
- Number of Units
- 43,140
- Median Home Value
- $302,268
- Median Rent
- $962
44.09% of housing units are renter occupied.
4.72% are vacant.
Commute
- Car
-
68.03%
- Public Transportation
-
0.53%
- Walk to Work
-
1.24%
- Work from Home
-
28.50%
- Other
-
0.47%
The median travel time to work is 13 minutes.
People
- Population
- 99,005
- Median Age
- 39.20
- Median Household Size
- 2.65
Education
- High School
-
25.78%
- Associate’s Degree
-
9.23%
- Bachelor’s Degree
-
16.91%
- Graduate Degree
-
10.61%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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