
Improved Land for Sale in Central Point, Oregon
4223 Merita Ter, Central Point, OR 97502
Investor Opportunity - Priced for Immediate Action! This property is a true diamond in the rough--hidden behind clutter and deferred maintenance, with clear built-in equity if cleaned and renovated. Currently in foreclosure, it offers a rare chance for resourceful investors with cash and resources necessary to capitalize on a promising 1+ac with 4-bed, 2-bath farmhouse on TWO parcels. Home includes an attached 2-car garage, large detached metal barn with room for 6+ vehicles, and smaller wood barn. The expansive land boasts open pasture, a pond, creek, garden beds, fruit trees, all near GI industrial/commercial zones with excellent freeway access (backs to freeway.) Although citations and back taxes exist, the property's potential for sweat equity and future value is immense. This is your opportunity to MAKE IT HAPPEN--clean up, upgrade, and unlock the true earning potential of this rural yet conveniently located estate. Act fast--property needs work but the rewards could be significant!
Location
- Street address
- 4223 Merita Ter
- County
- Jackson County
- Elevation
- 1,214 feet
Directions
Blackwell to Tolo to Merita Terrace, home is on left side across from lumber mill
Property details
- Acreage
- 11.65 acres
- Zoning
- RR-5
- MLS #
- SORMLS 220203131
- Posted
Property taxes
- 2024
- $3,601
Parcels
- 10189248
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- View
- Mountain, Valley
- Waterfront
- Pond
Exterior
- Parking
- Driveway, Garage, RV, Workshop
Structure
- Style
- Ranch
- Stories
- 2
- Heating
- Electric, Heat Pump
- Cooling
- Central Air
- Materials
- Frame
- Roof
- Composition
Interior
- Rooms
- Bathroom x 2, Bedroom x 4, Dining Room, Laundry, Living Room
- Flooring
- Carpet, Vinyl
- Appliances
- Range
- Features
- Ceiling Fan(s), Fiberglass Stall Shower, Laminate Counters, Walk-In Closet(s)
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Patrick Elem | Elementary | — | — |
| Hanby Middle | Middle | — | — |
| Crater High | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 11, 2025 | Price drop | $409,900 | $40,100 -8.9% | SORMLS |
| June 3, 2025 | New listing | $450,000 | — | SORMLS |























