Oregon
Medford
243 N Holly Street

$695,000

243 N Holly Street, Medford, OR 97501

3,062 sqft

Multi-Family Home
Built in 1928
10,019sqft lot
—— car garage
$227/sqft
Listed 8 months ago

Property Description

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.

Listing Status:: Active
Date Added:: April 9, 2025 at 05:00AM
Listing Office:: RE/MAX Platinum : (541) 734-5500
MLS ID:: 220190371

Appliances: RangeRefrigerator
Basement: None
Flooring: HardwoodVinyl
A/C: None
Heating: Electric

This listing courtesy of RE/MAX Platinum

Location

Schools Nearby

Medford Online Academy

35 S Bartlett St, Medford, OR, 97501

Grades KG-8

0.40 miles away

McLoughlin Middle School

320 W 2nd St, Medford, OR, 97501

Grades 7-8

0.19 miles away

Central Medford High School

650 Royal Ave, Medford, OR, 97504

Grades 9-12

0.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.