$695,000
3358 Bursell
Central Point, OR 97502 · N/A
Active191 days on market$394/sqft
Facts
Property details
Overview
Listing courtesy of John L Scott Ashland, agent Rick Harris
Data last updated June 22, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Super Development Opportunity in Central Point. 12 to 24 residential units possible on this R-2 zoned, level 2.0 acre parcel in a semi-rural setting--could be single family, paired homes, duplexes or a combination of all three! In the City Limits with current zoning in place. This former landscape/nursery site is well fenced with nice trees and would make a great pocket development with manageable infrastructure requirements and utilities available at the street, The older two-story 1,764 sqft home is comfortably livable with 3 bedrooms, two baths, detached double garage, multi-purpose building, large two-level shop building and added storage. A small converted shingle-sided building is currently a rental, but would need to be removed as part of development. On-site well for irrigation, quiet street, easy access to town--what more could you want? This is a rare opportunity in today's marketplace! AS IS Sale only, Seller will not make repairs
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $556,000 · $139,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $3,475 ($2,950–$4,000) · starting estimate. Edit to your own number.
At $695,000 with 25% down, this property runs $1,596 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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