849 Cherry Street, Medford, OR 97501

Medford
Local realty services provided by:Duke Warner Realty ERA Powered
849 Cherry Street,Medford, OR 97501
$342,500
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: jordan kramer
Office: john l. scott medford
MLS#:220220496
Source:OR_SOMLS

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Price summary

  • Price:$342,500

About this home

Feel like you're living in the country on this rare .86 acre parcel in prime South Medford just off Stewart with high density development potential. Adorable 2 bedroom cottage features an open living and kitchen area, laminate flooring, central air, and vinyl windows. Detached carport with storage plus ample space for equipment, toys, trailers, and RV parking. Beautiful setting on a low traffic street, yet minutes to South Medford High School, parks, shopping, and dining. Property includes great tenant who would love to stay and are professionally managed, providing immediate income. Ideal for developers, builders, or investors seeking strong upside. Seller has conceptual plans for a 32 lot cottage cluster development with purchase of both lots and will provide them. Adjacent lot available. Buyer to verify all development details with the city. Possible owner carry.

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Home facts

  • Year built:1936
  • Subdivision & Development:N/A
  • Listing ID #:220220496
  • Added:192 day(s) ago
  • Updated:November 09, 2026 at 08:11 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Carpet, Laminate, Vinyl
  • Kitchen Description:Cooktop

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1936
  • Lot Features:Fenced, Level, Pasture
  • Construction Materials:Frame
  • Levels:1 Story

Schools

  • High school:South Medford High
  • Middle school:McLoughlin Middle
  • Elementary school:Oak Grove Elem

Utilities

  • Water:Shared Well
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$342,500
  • Tax amount:$2,135 (2025)

Features and amenities

  • Appliances:Cooktop

Parking

  • Parking description:Asphalt, Detached Carport, Driveway

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