1225 Corona Avenue Medford, OR 97504
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.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyJackson
- Taxes$6,688
- HOA/Condo/Coop Fees$0
- Days on Site61 Days
- MLS StatusActive
- MLS ID Number220177777
- Home Size Source Assessor
- Year Built1946
- Lot Size1.18 Acres
- Full Baths2
- Partial BathsN/A
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Learn MoreRecent Activity For 1225 Corona Avenue Medford, OR 97504
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General Features
- Style Contemporary
- Construction Frame
- Parking Asphalt
- Sewer Public Sewer
- Basement None
- Number of Stories 1
- Acreage 1.18
- Water Public
- Zoning SFR-4
- Security Carbon Monoxide Detector(s)Smoke Detector(s)
- Cross Street McAndrews Ave.
- Property Sub Type Single Family Residence
- Garage Spaces 2
- Attached Garage No
- Foundation Slab
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Heat Pump
- Appliances CooktopDishwasherDouble OvenDryerRange HoodRefrigeratorWasher
- Flooring ConcreteTile
Exterior Features
- Roof Composition
Community Features
- Senior Community No
- Security Features Carbon Monoxide Detector(s)Smoke Detector(s)