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Listed by TopLine Real Estate of Southern Oregon LLC
$ 349,900
Est. payment | /mo
0.51 Acres Lot
$ 349,900
Est. payment | /mo
0.51 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 191862006
Annual Tax Amount $2,295
Tax Year 2024
Lot Size 0.510 Acres
Property Sub-Type Multi Family
Property Description
POTENTIAL DEVELOPMENT PROPERTY. Zoned MFR-20 with opportunity for multiple units. Prime location directly across from Grandview Shopping Center and close to North Medford High School, medical services, shopping, and transportation. The property is flat, usable land with an existing 2 bed / 1 bath home built in 1949 that has had some improvements. The home could possibly be updated or removed depending on how many units are approved and what direction the Buyer chooses. Power and utilities are nearby, making this a strong candidate for development. With its high-visibility location and strong demand for housing, this property offers excellent investment potential. Buyer to verify development possibilities with the City of Medford.
Location
State OR
County Jackson
Area _801
Zoning MFR-20
Exterior
Utilities Available CableAvailable, ElectricityConnected, PublicSewer, PublicWater500FeetPlus, WaterAvailable
View Territorial
Garage No
Schools
Elementary Schools Kennedy
Middle Schools Hedrick
High Schools North Medford
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
