About This Home

This 3-bedroom, 2-bathroom single family at 978 Cherry Street in Medford, OR is listed for $439,000 ($299 per sqft). Built in 1920, the home offers 1,466 sqft of living space on a 1.54 acres lot.

Key Features

  • Built in 1920
  • 1.54 acre lot

Property Details

1 story
2 full
1920

Amenities

A/CRV Parking
Listing Description

Rare in-town acreage with room to create your vision! Tucked away at the end of a private driveway easement, this unique property offers 1.54 level, usable acres, mature shade trees, open space, surrounding mountain views, and a large vintage barn with abundant room for storage, equipment, hobbies, or a workshop.

The existing 3-bedroom, 2-bath home provides approximately 1,466 square feet and is ready for a buyer to bring fresh ideas and a little TLC. City water, city sewer, and high-speed internet availability add valuable convenience while preserving the spacious feel of a rural property.

Currently zoned SFR-10, the property presents multiple possibilities. Keep it as one oversized in-town homesite, explore adding an ADU, investigate subdividing to build on or sell additional lot opportunities, or pursue rezoning for a possible tiny-home community or other residential development concept. The expansive rear portion of the property is largely open and provides a versatile canvas.

Monthly Cost Estimate

$2,348/mo

20% down · 6.5% · 30 years

Principal$317
Interest$1,902
Insurance$128

Estimates only. Actual payments may vary.

Location

978 Cherry Street

Medford, OR 97501

Features & Amenities

Interior Features

Pantry

Property Details

Flooring

LaminateTileVinyl

Construction

Frame

Outdoor Features

PatioPorch

Parking

DrivewayRV

Heating

Heat Pump (Heating)

Cooling

Heat Pump

Appliances

DishwasherOvenRangeRefrigeratorWater Heater

Questions & Answers

This 3-bedroom, 2-bathroom single family at 978 Cherry Street is listed at $439,000 ($299/sqft). The estimated monthly payment is $2,348 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 1.54 acre lot. Interior Features: Pantry.

This property is listed by Adam McGrew and can be reached at 5418214959.

AM

Adam McGrew

Agent at John L Scott

(541) 821-4959

Listed by John L Scott · Broker phone: (541) 779-3611 · View on Broker Site

MLS# 220226600· Source: Oregon Data Share· 37 days on PropertySimple

Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

978 Cherry Street, Medford, OR 97501

Open this listing in: