$825,000
1/56 BD · 3 BA · 3,599 SF · 0.35 AC
4059 Cherry Lane
Medford, OR 97504
#220228733 01 / 17
For sale
$830,000
232 E Main Street
Medford, OR 97501
- Baths
- 0
- Acres
- 0.08
- Built
- 1900
Est. $4,938/mo~219 min to downtown Bend (approx.)
Listing by HRM Property Solutions Inc. · 541-772-4388
MLS# 220219982 · Active
01
About this home
Own a piece of downtown Medford history. This iconic building has been part of the downtown Medford story for over 130 years, and has undergone modernization upgrades in recent years, including a full seismic retrofit in 2008, and new PVC membrane roof in 2026. An elevator services the upstairs common area that includes ADA restrooms. Just one block from the boundary of the proposed Creekside Quarter, this property is currently under management and the 9 units are fully leased and occupied. This building is a great opportunity for investors, or anyone interested in participating in the history and revitalization of Medford's downtown core.
02
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03
Price history
166 days, no changes| Date | Event | Price |
|---|---|---|
| Apr 23, 2026 | Listed for sale | $830,000 |
From the MLS: original list price and latest price change. 166 days on market.
04
Drive times
~219 min to downtown Bend- Mt. Bachelor~198 min · 167.4 mi
- Sunriver Village~199 min · 168.1 mi
- Old Mill District~218 min · 185 mi
- Downtown Bend~219 min · 185.9 mi
- St. Charles Bend~222 min · 188.6 mi
- Sisters~231 min · 196.5 mi
- Redmond Airport (RDM)~243 min · 206.5 mi
- Smith Rock State Park~253 min · 215.3 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1900- Year built
- 1900
- Lot
- 0.08 AC · 3,485 SF
- HOA
- None reported
- Taxes
- $5,152/yr
- County
- Jackson
- Days on market
- 166
- MLS #
- 220219982
- Interior
- Built-in Features · Elevator
- Flooring
- Carpet · Laminate
- Heating
- Forced Air · Heat Pump · Natural Gas
- Cooling
- Central Air · Heat Pump
- Parking
- On Street
- Lot
- Corner Lot · Level
- Construction
- Block · Brick
- Roof
- Membrane
06
Location & schools
Medford42.3267° N · 122.8713° W
Directions07
Monthly payment
$4,938/mo$4,938/mo
$664,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $4,197
- Property tax (listing)
- $429
- Home insurance (est.)
- $311
20% · $166,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
More
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#220226856Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 11:31 AM.
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