$175,000
1/42 BD · 1.5 BA · 896 SF
1745 Fallen Leaf Drive #17C
Medford, OR 97501
#220206986 01 / 10
For sale New · 5d
$175,000
1239 Corona Avenue
Medford, OR 97504 · N/A
- Baths
- 0
- Acres
- 0.26
Est. $1,031/mo~218 min to downtown Bend (approx.)
Listing by Ford Real Estate · 541-773-2088
MLS# 220229499 · Active
01
About this home
Build your vision in the heart of Medford! This .26 acre lot, currently zoned SFR-4 providing potential for residential development & ideally positioned to convert to commercial use with a large number of high density residential units or a multi-story medical complex. This property offers investors, developers, & business owners the opportunity to secure a strategically located parcel with the potential to convert to commercial zoning. Convenient Medford location provides easy access to established neighborhoods, shopping, dining, medical services, & major transportation routes. Whether you're looking to develop a business location, hold for future appreciation, or pursue a commercial investment project, this property offers valuable flexibility & possibilities. Buyer to conduct their own due diligence with the City of Medford regarding zoning conversion, permitted uses, utilities, access, & development requirements. The adjoining parcel is also for sale in conjunction.
02
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03
Price history
5 days, no changes| Date | Event | Price |
|---|---|---|
| Oct 1, 2026 | Listed for sale | $175,000 |
From the MLS: original list price and latest price change. 5 days on market.
04
Drive times
~218 min to downtown Bend- Mt. Bachelor~197 min · 166.1 mi
- Sunriver Village~197 min · 166.7 mi
- Old Mill District~217 min · 183.7 mi
- Downtown Bend~218 min · 184.6 mi
- St. Charles Bend~221 min · 187.3 mi
- Sisters~230 min · 195.1 mi
- Redmond Airport (RDM)~241 min · 205.1 mi
- Smith Rock State Park~251 min · 214 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
- Residential Lots
- Lot
- 0.26 AC · 11,326 SF
- HOA
- None reported
- Taxes
- $965/yr
- Subdivision
- N/A
- County
- Jackson
- Days on market
- 5
- MLS #
- 220229499
06
Location & schools
N/A42.3420° N · 122.8660° W
Directions- Elementary
- Wilson Elem
- Middle
- Hedrick Middle
- High
- North Medford High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$1,031/mo$1,031/mo
$140,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $885
- Property tax (listing)
- $80
- Home insurance (est.)
- $66
20% · $35,000
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.
More
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#220229495Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 12:31 PM.
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