$749,000
1/54 BD · 2.5 BA · 2,943 SF · 0.19 AC
4573 Wolf Run Drive
Medford, OR 97504
#220227997 01 / 51
For sale Price cut $29K on Sep 16
$746,500
1320 Covina Avenue
Medford, OR 97504 · Lake Wood Subdivision
- Baths
- 0
- Acres
- 0.63
- Built
- 1951
Est. $4,509/mo~217 min to downtown Bend (approx.)
Listing by RE/MAX Integrity · 541-770-3325
MLS# 220227027 · Active
01
About this home
Unique opportunity on a beautifully landscaped .63-acre lot with two homes and excellent income potential! The main home offers approx 2731 sq ft, 3 spacious bedrooms, 2 full baths, a large living room, and a huge oversized family/flex room overlooking the backyard. Features include a generous primary suite, large laundry/storage room, attached oversized drive through 2-car garage with two storage rooms, and a large Trex deck. The second home offers 1800 plus sq ft and is currently used as an Airbnb, features a spacious living room, full kitchen with granite counters, primary bedroom with private bath and jetted tub, mini split system, shop/2-car garage space, and a covered patio. Enjoy fenced yards, mature landscaping, two separate driveways, and an RV dump. Conveniently located near medical facilities, Providence hospital, shopping, restaurants, and everyday amenities. Great potential for multi-generational living, care facilities, or rental income. Fantastic and move-in ready!
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03
Price history
Cut $29K| Date | Event | Price |
|---|---|---|
| Sep 16, 2026 | Price cut−$28,500 (3.7%) | $746,500 |
| Aug 12, 2026 | Listed for sale | $775,000 |
From the MLS: original list price and latest price change. 55 days on market.
04
Drive times
~217 min to downtown Bend- Mt. Bachelor~196 min · 165.8 mi
- Sunriver Village~197 min · 166.5 mi
- Old Mill District~216 min · 183.4 mi
- Downtown Bend~217 min · 184.3 mi
- St. Charles Bend~221 min · 187 mi
- Sisters~229 min · 194.8 mi
- Redmond Airport (RDM)~241 min · 204.9 mi
- Smith Rock State Park~251 min · 213.7 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1951- Type
- Multi Family
- Year built
- 1951
- Stories
- 2
- Lot
- 0.63 AC · 27,443 SF
- HOA
- None reported
- Taxes
- $5,458/yr
- Subdivision
- Lake Wood Subdivision
- County
- Jackson
- Days on market
- 55
- MLS #
- 220227027
- Interior
- Breakfast Bar · Ceiling Fan(s) · Dry Bar · Granite Counters · Laminate Counters · Linen Closet · Open Floorplan · Pantry · Smart Thermostat · Soaking Tub · Fiberglass Stall Shower · Vaulted Ceiling(s)
- Appliances
- Dishwasher · Disposal · Dryer · Microwave · Oven · Range · Washer · Water Heater
- Flooring
- Carpet · Laminate · Vinyl
- Heating
- Ductless · Forced Air · Natural Gas
- Cooling
- Central Air · Other
- Fireplace
- Living Room · Wood Burning
- Parking
- Attached · Driveway · Garage Door Opener · Gravel · RV Access/Parking · Shared Driveway
- View
- Mountain(s) · Neighborhood
- Lot
- Fenced · Level · Landscaped · Sprinkler Timer(s)
- Construction
- Frame
- Roof
- Composition
06
Location & schools
Lake Wood Subdivision42.3433° N · 122.8614° W
Directions- Elementary
- Wilson Elem
- Middle
- Hedrick Middle
- High
- North Medford High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$4,509/mo$4,509/mo
$597,200 loan · 30 yr fixed · 6.5%
- Principal & interest
- $3,775
- Property tax (listing)
- $455
- Home insurance (est.)
- $280
20% · $149,300
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220227178Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 2:01 PM.
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