Feel like youre 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.
Listed By
Agency Name: John L. Scott Medford
Shown By
Agency Title: Fisher-Nicholson Realty LLC
Agency Phone: 800-460-8124
Estimated Payment
$ 2,160.73 per month $1,881.02 Principal & Interest $177.92 Property Tax $101.79 Homeowner's Insurance
849 Cherry Street | MLS# 220220496
This single family home located at 849 Cherry Street, Medford, OR 97501 is currently listed for sale with an asking price of $349,000. This property was built in 1936 and has 2 bedrooms and 1 full baths with 768 sq. ft. Search Medford real estate on www.fnrhomes.com today.