$499,000
1/54 BD · 2 BA · 1,843 SF · 0.13 AC
2741 Brae Drive
Medford, OR 97501
#220224574 01 / 12
For sale Price cut $80K on Aug 1
$499,000
2549 E Barnett Road
Medford, OR 97504 · N/A
- Baths
- 0
- Acres
- 0.97
Est. $2,983/mo~219 min to downtown Bend (approx.)
Listing by HomeSmart Realty Pros · 541-635-4663
MLS# 220218070 · Active
01
About this home
Prime multifamily development opportunity in East Medford! With a recent zone change to MFR-30, this site now supports up to 30+ units and benefits from reduced parking requirements. An approved site plan is in place for a 24-unit apartment complex, and conceptual drawings are available for six 4-plex buildings. Buyer to verify all information through independent due diligence. Seller is a licensed broker in the State of Oregon.
02
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03
Price history
Cut $80K| Date | Event | Price |
|---|---|---|
| Aug 1, 2026 | Price cut−$80,000 (13.8%) | $499,000 |
| Mar 27, 2026 | Listed for sale | $579,000 |
From the MLS: original list price and latest price change. 193 days on market.
04
Drive times
~219 min to downtown Bend- Mt. Bachelor~198 min · 167.2 mi
- Sunriver Village~198 min · 167.5 mi
- Old Mill District~218 min · 184.5 mi
- Downtown Bend~219 min · 185.4 mi
- St. Charles Bend~222 min · 188.1 mi
- Sisters~231 min · 196.3 mi
- Redmond Airport (RDM)~242 min · 206 mi
- Smith Rock State Park~252 min · 214.9 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
- Type
- Investment
- Lot
- 0.97 AC · 42,253 SF
- HOA
- None reported
- Taxes
- $3,269/yr
- Subdivision
- N/A
- County
- Jackson
- Days on market
- 193
- MLS #
- 220218070
- Utilities
- Electricity Connected · Cable Available · Electricity Available · Natural Gas Available · Phone Available
06
Location & schools
N/A42.3171° N · 122.8371° W
Directions- Elementary
- Hoover Elem
- Middle
- Hedrick Middle
- High
- South Medford High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$2,983/mo$2,983/mo
$399,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $2,523
- Property tax (listing)
- $272
- Home insurance (est.)
- $187
20% · $99,800
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220213933Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 10:30 AM.
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