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Medford Land Development Opportunity
For Sale
$265,000

Aster Street, Medford, OR 97501

LAND - Medford, OR

Property SizeContact for details
Lot Size0.60 Acres
Days on Market439

Property Features for Aster Street

General Information

Property type Land
Property subtype Other
Zoning description MFR-30
Subdivision Ashland Original Town (1867)
Lot features Level
View Territorial
Elementary school Check with District
Middle school Check with District
High school Check with District
Directions Access from Stewart Ave on South and Aster Street on North.
Standard status Active
APN 10437926
Lot size 0.60 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 520

Utilities

Utilities Cable Available
Sewer type Public Sewer
Listing Agency: eXp Realty, LLC
Listed By: Steve Thomas Group · License #201221244
Added: May 29, 2025 Changed: Aug 8 Last Checked: Aug 10 at 10:06PM
MLS# 220202819

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.6-acre lot in Medford, Oregon, presents a prime multi-family development opportunity. Zoned MFR-30, the flat, buildable land has the potential for up to 15 units, although buyers should verify this. Utilities are conveniently available at the curb. The property is centrally located near shopping, schools, parks, restaurants, and other everyday amenities. This location in one of South Medford's growing areas offers strong potential for investors, builders, or developers. The property is suitable for apartments, townhomes, or income-producing investment property.

Key Highlights

  • Owner carry available, making financing more accessible.
  • MFR‑30 Zoning allows for multi‑family development, potentially up to 15 units (buyer to verify).
  • Development‑ready lot, flat and buildable for immediate construction.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

153
Businesses Nearby

Demographics for 97501, OR

47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Development-ready land in South Medford with multi-family potential.
Where is this land located?
The property is located at Aster Street Medford, OR.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Owner carry available, making financing more accessible.; MFR‑30 Zoning allows for multi‑family development, potentially up to 15 units (buyer to verify).; Development‑ready lot, flat and buildable for immediate construction.
More about this property
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