Iraida B. Hermann, MBA

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Murphy Real Estate Group LLC- MLS# 220215061MLS Provider

27 Crater Lake AvenueMedford, OR 97504

Single Family · 2 Beds · 1 Full Bath · 1 Half Bath · 1,117 Sq. ft. | 0.12 Acres
$349,000 Active

27 Crater Lake Avenue Overview

Time on Site:
141 days
Visits:
11

Currently the home of a successful business, this versatile 1,117 sqft property is also zoned for residential use. Originally built as a home, the interior was redesigned for commercial use but could be reimagined as a residence. This property offers a unique opportunity for a variety of future uses in a great location. You could possibly even add a second dwelling or structure on the back side of the property (which is currently a spacious parking lot). Sellers are willing to negotiate occupancy timelines to accommodate the future owner's plan/needs. It's very hard to beat this value for this price point! With some simple tweaks this property could qualify for residential financing (ask listing agent how!) buyers should verify financing options and intended use with their lender and local authorities.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

27 Crater Lake Avenue Facts & Features

  • Type Single Family
  • Sq. ft. 1,117
  • Price/Sq.ft. $312
  • Lot 0.12 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Roosevelt Elem
  • Middle Or Junior School: Hedrick Middle
  • High School: South Medford High

Building Information

  • New Construction: false
  • Year Built: 1927

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 1714.78
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 10363233
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 1117.0

General Information

  • Appliances: Cooktop,Dishwasher,Disposal,Oven,Range
  • Common Walls: No Common Walls
  • Flooring: Carpet,Hardwood,Laminate
  • Foundation Details: Concrete Perimeter
  • Interior Features: Ceiling Fan(s),Primary Downstairs
  • Levels: One
  • Living Area: 1117.0
  • Living Area Source: Assessor
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Vinyl Frames,Wood Frames

Exterior

Parking Information

  • Parking Features: Driveway

Lot Information

  • Additional Parcels: false
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: Territorial

Building Exterior/Construction

  • Architectural Style: Bungalow
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Sewer: Public Sewer

27 Crater Lake Avenue Neighborhood

Community

97504 (MEDFORD) Demographics

42
Median Age
1,028
Population Density (per sq. mile)
45%
College Educated
$62,219
Estimated Median Income
11,731
Estimated Total Home Owners
7,925
Estimated Total Renters
60% / 40%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

27 Crater Lake Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

27 Crater Lake Avenue Market Data

Based on the last 30 days in this zip code

$627,112
Average List Price
$280
Average Price per Square Foot
68
Properties Sold
82
Average Days on Market
330
Properties for Sale
Calculations provided by Reliance Network

27 Crater Lake Avenue History

Date Event Value Agent
6/30/2026Source: Oregon Datashare Price Reduction
$349,000 -0.3%
6/30/2026Source: Oregon Datashare Price Reduction
$349,000 -0.3%
2/10/2026Source: Oregon Datashare Added to Database
February 10, 2026
2/9/2026Source: Oregon Datashare Added to Database
February 09, 2026