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About This Home
This 2-bedroom, 1-bathroom single family at 849 Cherry Street in Medford, OR is listed for $349,000 ($454 per sqft). Built in 1936, the home offers 768 sqft of living space on a 0.86 acres lot.
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.
Key Features
- Built in 1936
- 0.86 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,867/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
849 Cherry Street
Medford, OR 97501
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 849 Cherry Street is listed at $349,000 ($454/sqft). The estimated monthly payment is $1,512 based on 20% down at 6.5% interest.
Key features include: Built in 1936, 0.86 acre lot.
This property is listed by Jordan Kramer and can be reached at 5418402992 or teamjj@johnlscott.com.
