Listed by: Alice Lema · Home & Land Real Estate, LLC

$300,000Price cut $30,000 · Oct 2
  • 2 beds
  • 1 bath
  • 986 sqft

515 N Riverside Avenue, Medford, OR 97501

Est. $1,731/moPayment calculator
  • Single Family ResidenceHome type
  • Built in 1920Year built
  • 4,356 sqftLot
  • $304/sqftPrice per sqft
  • NoneHOA
  • 1-car garageParking

About this home

  • Listed Aug 2, 2026
  • 61 days on market
  • 18 photos

Rare opportunity to own recently updated cottage with multiple zoning uses. Fresh paint, flooring, counters, and bath, in this cute 986 square foot cottage. There are 2 bedrooms and 1 bath, a larger living room, and dining area, that could also be a lobby or reception area. Laundry hookups in enclosed back porch leading to fenced back yard and detached single garage. Most recent use was residential rental, but would make a cute primary residence. Garage may be considered for conversion to extra unit, or could be removed for more parking in back. Additional C-C Zoning is ''Community Commercial'' and allows for variety of businesses including food store, government establishment, daycare, professional offices, auto repair and more. Appointment only to stagger showings . Buyers to perform own due diligence with City of Medford for uses and zoning. City of Medford C-C List available on MLS, as well as platt map and topographical documents. Don't wait to tour this versatile property!

Facts & features

Interior

Bedrooms
2
Bathrooms
1
Full bathrooms
1
Living area
986 sqft
Levels
One

Features

  • Laminate Counters
  • Primary Downstairs
  • Shower/Tub Combo

Appliances

  • Water Heater

Heating & cooling

  • Baseboard
  • Wall/Window Unit(s)

Flooring

  • Carpet
  • Vinyl

Property

Lot size
4,356 sqft
Garage spaces
1
Subdivision
Shorts Addition

View

  • Neighborhood
  • Territorial

Parking

  • Detached
  • Driveway
  • Other

Construction

Home type
Single Family Residence
Property type
Residential
Year built
1920

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
Shorts Addition
HOA dues
None
County
Jackson

Financial & listing details

List price
$300,000
Original list price
$330,000
Price per sqft
$304
Annual property tax
$1,815
Date on market
Aug 2, 2026
Days on market
61
MLS#
220226355

Price & status history

DateEventPrice
Oct 2, 2026Price changePrice cut $30,000 (9.1%)$300,000
Aug 2, 2026Listed for sale$330,000

Neighborhood

  • SubdivisionShorts Addition
  • CityMedford, OR 97501
  • CountyJackson

Payment calculator

Estimated monthly payment

$1,731/mo

  • Principal & interest$1,517
  • Property taxes$151
  • Homeowners insurance$63
  • HOA dues$0

Loan amount $240,000 · 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.

Similar homes

MLSCO

Listing provided by Home & Land Real Estate, LLC · Listing agent: Alice Lema

Source
MLS of Central Oregon
MLS#
220226355
Last updated
Oct 2, 2026 at 2:09 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.