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$450,000
2 Days On Site

4223 Merita Terrace
Central Point, OR 97502

For Sale|Single Family Residence|Active
4
Beds
2
Total Baths
2
Full Baths
1,717
SqFt
$262
/SqFt
1989
Built
County:
Jackson
Call Now: 541-797-8356
Is this the listing for you? We can help make it yours.
541-797-8356
4223 Merita Terrace4223 Merita Terrace4223 Merita Terrace4223 Merita Terrace
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Mortgage Calculator

Monthly Payment (Est.)

$2,053
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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!

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Listing Snapshot
Price 
$450,000
Days On Site 
2 Days
Bedrooms 
4
Inside Area (SqFt) 
1,717 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
11.65 Acres
Year Built 
1989
MLS® Number 
220203131
Status 
Active
Property Tax 
$3,601.49
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing first seen on site
2 days agoListing updated with changes from the MLS®
General Features
Acres 
11.65
Attached Garage 
Yes
Foundation 
Concrete Perimeter
Garage 
Yes
Garage Spaces 
6
Parking 
AttachedDetachedDrivewayRV Access/ParkingRV GarageStorageWorkshop in GarageOther
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
Special Circumstances 
In ForeclosureStandard
SqFt Total 
1717
Stories 
Two
Style 
Ranch
Water Source 
PrivateWell
Zoning 
RR-5
Interior Features
Appliances 
OvenRangeWater Heater
Cooling 
Ceiling Fan(s)Central Air
Flooring 
CarpetVinyl
Heating 
ElectricHeat Pump
Interior 
Ceiling Fan(s)Laminate CountersWalk-In Closet(s)
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Exterior Features
Construction Details 
Frame
Fencing 
Fenced
Lot Features 
LevelNative PlantsPastureWaterfront
Other Structures 
Barn(s)Mobile HomeRV/Boat StorageSecond GarageShed(s)Workshop
Patio And Porch 
CoveredDeckPatioPorchRear Porch
Roof 
Composition
View 
Mountain(s)NeighborhoodPondValley
Waterfront Features 
Pond
Waterview 
Mountain(s)NeighborhoodPondValley
Community Features
Financing Terms Available 
CashPrivate Financing Available
Horse Allowed 
Yes
Roads 
Dirt
Schools
School District
Unknown
Elementary School
Patrick Elem
Middle School
Hanby Middle
High School
Crater High
Listing courtesy of Real Estate Alliance & Lease



© 2025 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 IDX Brokerage firms other than Real Estate Alliance & Lease are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail 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. Data Services by Constellation Data Labs.

This content last updated on 2025-06-05 10:48 AM PDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. Source: Oregon Datashare.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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