849 Cherry Street, Medford OR 97501

849 Cherry StreetMedford, OR 97501

Active

$349,000

768 SqFt

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.

Property Type:
Residential
Architectural Style:
Bungalow
Bedrooms:
2
Bathrooms:
1
Dwelling Size:
768 SqFt
Lot Size:
0.86 Acres
Lot Description:
Stories:
Year Built:
1936

Interior Features:
Exterior Features:
Parking:

Garage or Parking Spaces:
Features: Asphalt, Detached Carport, Driveway
Area:
Views:
Territorial
Schools:
High School(s): South Medford High
Middle School(s): McLoughlin Middle
Elementary School(s): Oak Grove Elem
HOA:
Senior Community:
False

Heating:
Natural Gas
Cooling:
Central Air
Appliances:
Cooktop
Fireplace:
Fireplace(s):
Features:
Accessibility:
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Foundation:
Other
Roof:
Composition

Listing Office: John L. Scott Medford. Listing Agent: Jordan Kramer. Listing ID: 220220496

Last Updated May 18, 2026 11:59 PM
Data last checked against Oregon DataShare on June 7, 2026 9:37 PM

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849 Cherry StreetMedford, OR 97501

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