Skip to main contentSkip to navigation
1 / 24
Images
Map

Improved Land for Sale in Central Point, Oregon

4223 Merita Ter, Central Point, OR 97502

$409,900
11.7 acres
Active
$40.1k drop
Est $2,309/mo

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!

1,717
Sq feet
4
Beds
2
Full baths
1989
Built

Location

Street address
4223 Merita Ter
Elevation
1,214 feet
Coordinates
42.415, -122.9691

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

NameLevelDistrictDescription
Patrick ElemElementary
Hanby MiddleMiddle
Crater HighHigh

Listing history

DateEventPriceChangeSource
July 11, 2025Price drop$409,900$40,100 -8.9%SORMLS
June 3, 2025New listing$450,000SORMLS
Subscribe to listing updates

Payment calculator

This 11.65-acre property is located at 4223 Merita Ter in Central Point, OR 97502. The property is available for sale for $409,900. It has a 1,717 sq ft 4 bedroom, 2 bath house built in 1989.

Checked 17 mins ago — Updated

Report listing issue

Copyright (C) 2025 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact