849 Cherry Street, Medford, OR 97501
- 2 beds |
- 1 bath |
- 768 sqft
Single-Family Home 
Built in 1936 
0.86acre lot
—— car garage 
$454/sqft 
Listed 1 month ago
Property 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.
- Listing Status:
- Active
- Date Added:
- May 18, 2026
- Data Last Updated:
- June 14, 2026 at 7:42AM
- Listing Office:
- John L. Scott Medford : 5418402992
- MLS ID:
- 220220496
- Style: Bungalow
- Parking: AsphaltDetached CarportDriveway
- Roofing: Composition
- Windows: Double Pane Windows
- General: FrameOneOther
- Road/Access: Paved
- County: Jackson
- Zoning: 10441236
- View: Territorial
- Water: Shared Well
- Sewer: Public Sewer
- Exclusions: Tenants Personal Property
This listing courtesy of John L. Scott Medford
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
