1. Oregon
2. Central Point
3. 4223 Merita Terrace

4223 Merita Terrace, Central Point, OR 97502

• 4 beds |
• 2 baths |
• 1,717 sqft

Property Description

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!

Listing Status:

Active

Date Added:

June 3, 2025 at 05:00AM

Listing Office:

Real Estate Alliance & Lease : 541-502-9675

MLS ID:

220203131

Interior

• General: Ceiling Fan(s)Laminate CountersWalk-In Closet(s)Fiberglass Stall Shower
• Appliances: OvenRangeWater Heater
• Flooring: CarpetVinyl
• A/C: Central Air
• Heating: ElectricHeat Pump

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Real Estate Alliance & Lease