42.328812 -122.862676
First Image
Image 1Image 2Image 3Image 4
Image 5Image 6Image 7Image 8Image 9Image 10Image 11Image 12Image 13Image 14Image 15Image 16Image 17Image 18Image 19Image 20Image 21Image 22Image 23Image 24Image 25Image 26Image 27Image 28Image 29Image 30Image 31Image 32Image 33Image 34Image 35Image 36Image 37Image 38Image 39Image 40Image 41

Listed by Murphy Real Estate Group LLC, Mary A Murphy.

MLS Source logo

27 Crater Lake AvenueMedford, OR 97504

Active
$349,000
2
2
1,117 SqFt

Currently the home of a successful business, this versatile 1,117 sqft property is also zoned for residential use. Originally built as a home, the interior was redesigned for commercial use but could be reimagined as a residence. This property offers a unique opportunity for a variety of future uses in a great location. You could possibly even add a second dwelling or structure on the back side of the property (which is currently a spacious parking lot). Sellers are willing to negotiate occupancy timelines to accommodate the future owner's plan/needs. It's very hard to beat this value for this price point! With some simple tweaks this property could qualify for residential financing (ask listing agent how!) buyers should verify financing options and intended use with their lender and local authorities.


FACTS & FEATURES

  • Property Type:
    Residential
  • Architectural Style:
    Bungalow
  • Bedrooms:
    2
  • Bathrooms:
    2
  • Dwelling Size:
    1,117 SqFt
  • Lot Size:
    0.12 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1927
  • Interior Features:
    Ceiling Fan(s), Primary Downstairs
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces:
    Features: Driveway
  • Area:
  • Views:
    Territorial
  • Schools:
    High School(s): South Medford High
    Middle School(s): Hedrick Middle
    Elementary School(s): Roosevelt Elem
  • HOA:
  • Senior Community:
    False
  • Heating:
    Forced Air,Natural Gas
  • Cooling:
    Central Air
  • Appliances:
    Cooktop, Dishwasher, Disposal, Oven, Range
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
    Carbon Monoxide Detector(s), Smoke Detector(s)
  • Foundation:
    Concrete Perimeter
  • Roof:
    Composition

LOCATION


REQUEST INFORMATION

Listing Office: Murphy Real Estate Group LLC. Listing Agent: Mary A Murphy. Listing ID: 220215061

Last Updated June 30, 2026 7:06 PM
Data last checked against Oregon DataShare on July 9, 2026 12:52 AM

© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by firms other than Harcourts are marked with the Oregon Datashare logo or the Broker Reciprocity logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on July 9, 2026 12:52 AM

Equal Housing Opportunity logo

WE MAKE SUCCESS Simple