849 Cherry Street
849 Cherry Street
849 Cherry Street
849 Cherry Street
849 Cherry Street
849 Cherry Street
849 Cherry Street
849 Cherry Street
849 Cherry Street
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Courtesy of John L. Scott Medford, Jordan Kramer
$342,500

849 Cherry Street

2 Beds 1 Bath 768 Sq.Ft. 0.86 Acres

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Description

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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Location

849 Cherry Street, Medford, OR 97501

Status

Sold

Date Sold

November 6, 2026
Mayra Valencia

Mayra Valencia

TITLE

REALTOR®

PHONE

(541) 941-3980

EMAIL

[email protected]

CONTACT AGENT

Property Amenities

Interior
Appliances Cooktop
Flooring Carpet, Laminate, Vinyl
Total Bedrooms: 2
Full Bathrooms: 1
Area & Lot
Total area 768 Sq.Ft.
Lot Area 0.86 Acres
Living area 768 Sq.Ft.
MLS® ID 220220496
Year Built 1936
High School South Medford High
Middle School McLoughlin Middle
Elementary School Oak Grove Elem
View Description Territorial
Architecture Styles Bungalow
Type Residential
Status Sold
Exterior
Stories 1
Air conditioning Central Air
Heat type Natural Gas
Water Source Shared Well
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Parking Asphalt, Detached Carport, Driveway
Lot Features Fenced, Level, Pasture
Roof Composition
Finance
Sales Price $342,500
Real Estate Tax $2,135 yearly

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Experience strategic negotiation, clear communication, and expert guidance at every stage of your real estate journey. Whether buying, selling, or relocating, you can expect dedicated representation and results delivered with integrity.

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Contact Details

MAYRA VALENCIA

(541) 941-3980

[email protected]



555 SE Martin Luther King Jr Blvd

Portland, OR 97214