849 Cherry Street, Medford, OR 97501
- $349,000
- 2
- BD
- 1
- BA
- 768
- SqFt
Listing courtesy of John L. Scott Medford.
- List Price
- $349,000
- MLS#
- 220220496
- Status
- PENDING
- City
- Medford
- County
- Jackson
- Bedrooms
- 2
- Bathrooms
- 1
- Living Area
- 768
- Year Built
- 1936
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.
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Additional Information
- Taxes
- $2,135
- Acres
- 0.86
- View
- Territorial
- Water
- Shared Well
- Heating
- Natural Gas
- Foundation
- Other
- Flooring
- Carpet, Laminate, Vinyl
- Elementary School
- Oak Grove Elem
- Middle School
- Mcloughlin Middle
- High School
- South Medford High
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