This 2-bed, 1-bath home at 849 Cherry Street in Medford is listed at $349,000. It has 768 square feet, sits on 0.86 acres, was built in 1936, and is in N/A. Status is Pending, with 150 days on market.
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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.
A rough estimate, not a quote. Loan amount $279,200 · $69,800 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
sold in the last 90 days
0.93 acres on the county assessor's map, tax lot 10441236. City of Medford GIS.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share in Medford. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map. 1 of the 914 sits beyond the frame's edges: counted in every figure, not drawn.
| Date | Event | Price |
|---|---|---|
| Jul 2, 2026 | Pending | $349,000 |
| Jun 11, 2026 | Active | $349,000 |
| May 18, 2026 | Listed | $349,000 |
| Year | Tax |
|---|---|
| 2025 | $2,135 |
Tax as filed on the listing. Jackson County. Parcel 10441236.
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Listing courtesy of John L. Scott Medford
Data last updated October 15, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
