This 5-unit property near downtown Medford is an excellent investment opportunity. With a total of 3,062 square foot this property includes four 1-bedroom, 1-bath units, along with a standalone 2-bedroom, 1-bath unit. Located on a .23-acre corner lot, it offers space for five parking spots and has potential for future development to add more units. It has new exterior paint, with most units updated to include new flooring, cabinets, and fresh interior paint. With its prime location, growth possibilities, and a cap rate of 6.26%, this property is a great investment.
Active
$715,000
243 N Holly St, Medford, OR 97501
4beds
0baths
3,062sqft
Est.:
Multi Family
Built in 1928
-- sqft lot
$-- Zestimate®
$234/sqft
$-- HOA
What's special
Fresh interior paintNew flooringNew exterior paintCorner lot
- 206 days
- on Zillow |
- 143 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 09, 2025 at 02:00pm
Listed by:
RE/MAX Platinum 541-734-5500
Source: Oregon Datashare,MLS#: 220190371

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Electric
Cooling
- None
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Hardwood, Vinyl
- Windows: Double Pane Windows, Vinyl Frames, Wood Frames
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,062
- Total interior livable area: 3,062 sqft
Property
Parking
- Parking features: No Garage, On Street, Parking Lot
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 10,018.8 Square Feet
- Features: Corner Lot, Level
Details
- Parcel number: 10397011
- Zoning description: C-C
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: West Medford
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $234/sqft
- Annual tax amount: $3,461
- Date on market: 4/9/2025
- Listing terms: Cash,Conventional
- Inclusions: 5 ranges, 5 refrigerators
- Exclusions: Tenants Personal Property
- Road surface type: Paved
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