James & Angie Smith

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Listing provided courtesy of John L. Scott Medford- MLS# 220220496MLS ProviderContact Information: 5418402992

849 Cherry StreetMedford, OR 97501

Single Family · 2 Beds · 1 Full Bath · 768 Sq. ft. | 0.86 Acres
$349,000 Active

849 Cherry Street Overview

Time on Site:
59 days
Visits:
1

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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849 Cherry Street Facts & Features

  • Type Single Family
  • Sq. ft. 768
  • Price/Sq.ft. $454
  • Lot 0.86 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Oak Grove Elem
  • Middle Or Junior School: McLoughlin Middle
  • High School: South Medford High

Building Information

  • New Construction: false
  • Year Built: 1936

Location/Region

  • County Or Parish: Jackson
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 2135.31
  • Tax Year: 2025

General Information

  • Exclusions: Tenants Personal Property
  • Inclusions: Cooktop
  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: 10441236
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Building Area Total: 768.0

General Information

  • Appliances: Cooktop
  • Basement: None
  • Common Walls: No Common Walls
  • Flooring: Carpet,Laminate,Vinyl
  • Foundation Details: Other
  • Levels: One
  • Living Area: 768.0
  • Living Area Source: Assessor
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Asphalt,Detached Carport,Driveway

Lot Information

  • Additional Parcels: false
  • Lot Features: Fenced,Level,Pasture
  • Lot Size Acres: 0.86
  • Lot Size Area: 0.86
  • Lot Size Square Feet: 37461.6
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Shared Well

Waterfront/View

  • View: Territorial

Building Exterior/Construction

  • Architectural Style: Bungalow
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Composition

General Information

  • Horse: false
  • Sewer: Public Sewer

849 Cherry Street Neighborhood

Community

97501 (Medford) Demographics

36
Median Age
887
Population Density (per sq. mile)
25%
College Educated
$48,865
Estimated Median Income
10,029
Estimated Total Home Owners
8,656
Estimated Total Renters
54% / 46%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

849 Cherry Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

849 Cherry Street Market Data

Based on the last 30 days in this zip code

$368,725
Average List Price
$241
Average Price per Square Foot
42
Properties Sold
113
Average Days on Market
263
Properties for Sale
Calculations provided by Reliance Network

849 Cherry Street History

Date Event Value Agent
5/18/2026Source: Oregon Datashare Status Change
Active
5/6/2026Source: Oregon Datashare Status Change
Pending
5/1/2026Source: Oregon Datashare Added to Database
May 01, 2026
8/7/2024Source: Oregon Datashare Status Change
Closed