Listed by: Kelli Hokinson · RE/MAX Integrity

$746,500Price cut $28,500
  • — beds
  • 0 baths
  • — sqft

1320 Covina Avenue, Medford, OR 97504

Est. $4,386/moPayment calculator
  • Multi FamilyHome type
  • Built in 1951Year built
  • 0.63 acresLot
  • NoneHOA

About this home

  • Listed Aug 13, 2026
  • 50 days on market
  • 51 photos

Unique opportunity on a beautifully landscaped .63-acre lot with two homes and excellent income potential! The main home offers approx 2731 sq ft, 3 spacious bedrooms, 2 full baths, a large living room, and a huge oversized family/flex room overlooking the backyard. Features include a generous primary suite, large laundry/storage room, attached oversized drive through 2-car garage with two storage rooms, and a large Trex deck. The second home offers 1800 plus sq ft and is currently used as an Airbnb, features a spacious living room, full kitchen with granite counters, primary bedroom with private bath and jetted tub, mini split system, shop/2-car garage space, and a covered patio. Enjoy fenced yards, mature landscaping, two separate driveways, and an RV dump. Conveniently located near medical facilities, Providence hospital, shopping, restaurants, and everyday amenities. Great potential for multi-generational living, care facilities, or rental income. Fantastic and move-in ready!

Facts & features

Interior

Bathrooms
0
Levels
One

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Dry Bar
  • Fiberglass Stall Shower
  • Granite Counters
  • Laminate Counters
  • Linen Closet
  • Open Floorplan
  • Pantry
  • Primary Downstairs
  • Smart Thermostat
  • Soaking Tub
  • Vaulted Ceiling(s)

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Oven
  • Range
  • Washer
  • Water Heater

Heating & cooling

  • Ductless
  • Forced Air
  • Natural Gas
  • Central Air
  • Other

Flooring

  • Carpet
  • Laminate
  • Vinyl

Property

Lot size
0.63 acres
Subdivision
Lake Wood Subdivision

View

  • Mountain(s)
  • Neighborhood

Parking

  • Attached
  • Driveway
  • Garage Door Opener
  • Gravel
  • RV Access/Parking
  • Shared Driveway

Construction

Home type
Multi Family
Property type
Residential Income
Year built
1951

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
Lake Wood Subdivision
HOA dues
None
County
Jackson

Financial & listing details

List price
$746,500
Original list price
$775,000
Annual property tax
$5,458
Date on market
Aug 13, 2026
Days on market
50
MLS#
220227027

Price & status history

DateEventPrice
Aug 13, 2026Listed for sale$775,000

Neighborhood

  • SubdivisionLake Wood Subdivision
  • CityMedford, OR 97504
  • CountyJackson

Payment calculator

Estimated monthly payment

$4,386/mo

  • Principal & interest$3,775
  • Property taxes$455
  • Homeowners insurance$156
  • HOA dues$0

Loan amount $597,200 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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Listing provided by RE/MAX Integrity · Listing agent: Kelli Hokinson

Source
MLS of Central Oregon
MLS#
220227027
Last updated
Sep 16, 2026 at 5:11 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.