Development opportunity close to the Airport, Costco and the new Amazon Distribution center. Zoned MFR-30 --. 51 acre lot with a potential to build 10 Townhomes or 10 Apartments. Seller decided to move on to another project. Phase 1 Environmental completed and preliminary plans included. Buyer to perform their own Due Diligence as to their planned use and development.
Great investment opportunity! Hard to find multi-family lot with city services available. .51 acres zoned MFR-30, vacant and ready for development. Attached rendering shows potential use of the property only. City of Medford Public Works Dept. is in the process of approving a project to improve a portion of Midway Road which would directly impact the subject property. Project to include curb & gutter, sidewalk, planter strip and street lighting. Buyer to do own due diligence with city and county agencies.
MLSCO #220153746
Jan 5, 2023
Listing Removed
—
Sep 15, 2022
Listed
$235,000
MLSCO #102716452
May 5, 2020
Listing Removed
—
May 31, 2007
Listed
$259,500
MLSCO #100258788
May 14, 2007
Listing Removed
—
Oct 27, 2005
Listed
$279,900
Year
Property tax
Land + Additions
Assessment*
2025
$1,058 (+2.1%)
$73,630
2024
$1,036
$73,630
2023
$1,035 (+2.5%)
$69,410
2022
$1,010 (+10.1%)
$67,390
2021
$918 (+19.5%)
$67,390
2020
$768 (+4.1%)
$61,360
2019
$738 (−1.4%)
$51,560
2018
$749 (+11.9%)
$49,140
2017
$669 (−1.6%)
$43,870
2016
$680 (+19.3%)
$42,600
2015
$570 (+8.6%)
$36,080
2014
$525
$32,820
Tax history for 586 Midway Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,058 (+2.1%)
$73,630
2024
$1,036
$73,630
2023
$1,035 (+2.5%)
$69,410
2022
$1,010 (+10.1%)
$67,390
2021
$918 (+19.5%)
$67,390
2020
$768 (+4.1%)
$61,360
2019
$738 (−1.4%)
$51,560
2018
$749 (+11.9%)
$49,140
2017
$669 (−1.6%)
$43,870
2016
$680 (+19.3%)
$42,600
2015
$570 (+8.6%)
$36,080
2014
$525
$32,820
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
—
Sq. Ft.
792
Year built
—
Style
Single Family Residential
County
Jackson County
APN
10486784
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 13, 2026.
MFR-30
Multiple Family Residential District
This urban residential district provides for the highest density multiple-family dwellings and group quarters. It is suitable and desirable for locations within or near employment centers or near mass transit.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Infrastructure
Bed & breakfast
Communications tower
Housing-Mobile home park
Property details
Exterior
Property Information
Property Type: Land
Property Sub Type: Residential Lots
Audio Surveillance on Premises YN: No
Video Surveillance on Premises YN: No
Land Information
Road Surface Type: Paved
Irrigation Water Rights YN: No
Lot Information
Lot Size Sq. Ft.: 22215.6
Lot Size Acres: 0.51
Lot Size Area: 0.51
Lot Features: Level
Lot Size Units: Acres
Current Use: Vacant
AdditionalParcelsYN: No
HomeBuild Site Approved: Yes
Zoning Description: MFR-30
Financial
Tax Information
Tax Annual Amount: 1067.87
Tax Year: 2024
FIRPTA YN: No
Financing Information
Buyer Financing: Cash
Utilities
Utility Information
Utilities: Cable Available, Electricity Available, Natural Gas Available
Water Source: Public
Sewer: Public Sewer
Utilities At Street
Location
School Information
Elementary School: Howard Elem
Middle Or Junior School: McLoughlin Middle
High School: South Medford High
Community Information
CCR's YN: No
Public facts
Beds: —
Baths: —
Sq. Ft.: 792
Stories: —
Lot Size: 0.49 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Jackson County
APN: 10486784
Home facts updated by county records on Aug 13, 2026
Around this home
Schools
Howard Elementary School
Public K-5 • Assigned • 0.4mi
2/10
McLoughlin Middle School
Public 6-8 • Assigned • 1.9mi
2/10
North Medford High School
Public 9-12 • Assigned • 1.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
31 unhealthy days expected this year, 32 days in 30 years
Provided by First Street
Historical weather
Medford, OR • 97501
Average low and high temperatures (°F)
47
31
49
34
59
38
64
40
72
46
81
53
89
60
87
58
81
54
64
43
51
37
46
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 12.2 hours in
June and 2.4 hours in December, placing it above the
U.S. average for solar exposure.
12.2 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$238,000 – $288,000
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