1225 Corona Avenue, Medford, OR

$1,495,000

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3

Beds

2

Baths

2,044

Square feet

1.18

Acres

About 1225 Corona Avenue

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 of 1225 Corona Avenue

MLS® # 220177777
Price $1,495,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 2,044
Square Footage 2044.00
Acres 1.18
Year Built 1946
Type Residential
Sub-Type Single Family Residence
Style Contemporary
Status Active

Community Information

Address 1225 Corona Avenue
Subdivision N/A
City Medford
County Jackson
State OR
Zip Code 97504

Amenities

Parking Spaces 2
Parking Asphalt
# of Garages 2
Is Waterfront No

Interior

Appliances Cooktop, Dishwasher, Double Oven, Dryer, Range Hood, Refrigerator, Washer
Heating Heat Pump
Cooling Central Air
Fireplace No
Stories One
Has Basement No
Basement None

Exterior

Roof Composition
Construction Frame
Foundation Slab

School Information

Elementary Wilson Elem
Middle Hedrick Middle
High North Medford High

Additional Information

Date Listed March 1st, 2024
Days on Market 248
Zoning SFR-4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFord Real Estate

Listing Map

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