252 De Barr Avenue, Medford, OR 97501
Listing Courtesy of i5 Real Estate.
- $980,000
- List Price
- $980,000
- MLS#
- 220231127
- Status
- ACTIVE
- City
- Medford
- County
- Jackson
Property Description
Builders, Developers and Investors! Check out this amazing development opportunity in Medford with so much potential! Whether you want to develop multiple fourplexes and sell them individually as investment properties, Build 12 Single family homes, or create a substantial multifamily portfolio with long-term rental income potential. With approximately 87,120 square feet of land, this property provides an opportunity to explore a larger scale residential development in an established Medford location. Currently zoned SFR-6 and adjacent to MFR-20 zoning with an Urban High Density Overlay, the property presents an opportunity to investigate potential rezoning and increased residential density. Previous development concepts have explored the possibility of approximately 40 units, subject to city approval and applicable requirements. Buyer to verify zoning, property uses, utilities, and development possibilities with the City of Medford.
Additional Information
- Taxes
- $3,999
- Acres
- 2
- Water
- Public
- Elementary School
- Check With District
- Middle School
- Check With District
- High School
- Check With District
How much is your home worth?
...get instant property value now!
Mortgage Calculator
The content relating to real estate for sale on this website comes in part form the MLS of Central Oregon. Real Estate listings held by Brokerages other than Real Estate Company are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). This content was last updated on . Some properties which appear for sale on this website may subsequently have sole or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All content displayed on this website is restricted to personal, non-commercial use, and only for ascertaining information regarding real property for sale. The consumer will not copy, retransmit not redistribute any of the content from this website. The consumer is reminded that all listing content provided by automatic transmission by MLSCO is © MLS of Central Oregon (MLSCO).