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1408 N Cherry St, 
Lagrande, OR 97850

$165,000


2

Beds


1

Bath


720

Sq Ft


Single Family

Pending

Listed by

Marlo Thomas

Suzi Smith

Red Leaf Realty

775-233-7242

Last updated:

March 6, 2026, 08:23 AM

MLS#

425743858

Source:

PORTLAND

About This Home

1408 N Cherry St

GREAT INVESTMENT OPPORTUNITY!! Discover an affordable and versatile opportunity with this 2-bed, 1-bath home offering approximately 720 sq ft of efficient living space. Situated on a general commercial lot, this property opens the door to a wide range of uses—live in it, rent it out, run a business, or create a mixed-use setup that fits your vision. This property features a fenced backyard, big tool shed/garage, new water and sewer lines and a newer roof, with solid bones throughout. Prime location for college students or a small business. Great opportunity for investors, small business owners, or anyone looking for flexible zoning and an affordable footprint. There is currently a tenant in the property at the moment but will be out at the end of the month. All showings must be scheduled in advance. Seller is offering to carrying the contract, creating an opportunity to get into your first place with more flexible terms than traditional financing.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1905

Price Summary

165,000

$229 per Sq. Ft.

MLS #:

425743858

Last Updated:

March 6, 2026, 08:23 AM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Interior

Living Area:

720 Sq. Ft.


Structure

Structure

Architectural Style:

1 Story

Building Area:

720 Sq. Ft.

Year Built:

1905


Lot

Lot Size (Sq. Ft):

5,227


Finances & Disclosures

Finances

Price:

$165,000

Price per Sq. Ft:

$229 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Farley Company are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: March 6, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.