$675,000
$40K PRICE DROP

243 N Holly St Medford, OR 97501

Downtown Medford Neighborhood

Estimated payment $3,884/month

Total Views 5,339
-- Bed
-- Bath
3,062 Sq Ft
$220 Price per Sq Ft

Highlights

  • 0.23 Acre Lot
  • Deck
  • Corner Lot
  • Craftsman Architecture
  • Wood Flooring
  • No HOA

About This Home

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 Agent

Israel Hunter

RE/MAX Platinum License #200904112 Listed on: 04/09/2025

RE/MAX Platinum

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 1928

Lot Details

  • 10,019 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Wood Frame Window
  • Neighborhood Views
  • Range

Flooring

  • Wood
  • Vinyl

Home Security

  • Surveillance System
  • Fire and Smoke Detector

Parking

  • No Garage
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Tax Lot 2800
  • Assessor Parcel Number 10397011

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • West Medford Subdivision

Building Details

  • Gross Income $63,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,462

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Architectural Style: Craftsman
  • Directions: From N Central turn West onto 4th st. Property is on the corner of N Holly St and W 4th St
  • Unit Levels: Two
  • Lot Size Acres: 0.23
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Subdivision Name: West Medford
  • Year Built: 1928
  • Total Gross Income: 63000.0
  • Co List Office Phone: 541-734-5500
  • Outside Inclusions: 5 ranges, 5 refrigerators
  • MLS Status: Active
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: C-C
  • General Property Information Audio Surveillance on Premises YN: Yes
  • Road Surface Type:Paved: Yes
  • View Neighborhood: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Natural Gas Available: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 2800
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Foundation Details PillarPostPier: Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Architectural Style Craftsman: Yes
  • Utilities Cable Connected: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: None
  • Flooring: Hardwood, Vinyl
  • Window Features: Double Pane Windows, Vinyl Frames, Wood Frames
  • Appliances Range: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: Corner Lot, Level
  • Roof: Composition
  • View: Neighborhood
  • Exclusions: Tenants Personal Property
  • Patio And Porch Features: Deck
  • Lot Features:Level: Yes
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Corner Lot: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Wood Frames: Yes
  • Patio and Porch Features Deck3: Yes

Garage/Parking

  • Parking Features: No Garage, On Street, Parking Lot
  • Attached Garage: No
  • Parking Features:No Garage: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: None
  • Heating: Electric
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • HeatingYN: Yes
  • Heating:Electric2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10018.8
  • Parcel #: 10397011
  • ResoLotSizeUnits: Acres
  • Zoning Description: C-C

Multi Family

  • Number Of Units Total: 5
  • Annual Operating Expense: 18225.0

Tax Info

  • Tax Annual Amount: 3461.52
  • Tax Lot: 2800
  • Tax Map Number: 372W25AD
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $675,000 -2.9% $220 / Sq Ft
05/20/2025 05/20/25 Price Changed $695,000 -2.8% $227 / Sq Ft
04/09/2025 04/09/25 For Sale $715,000 0.0% $234 / Sq Ft
03/31/2025 03/31/25 Off Market $715,000 -- --
09/24/2024 09/24/24 For Sale $715,000 +146.6% $234 / Sq Ft
05/13/2019 05/13/19 Sold $290,000 -3.3% $95 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $299,900 -- $98 / Sq Ft
Source: Oregon Datashare

Source: Oregon Datashare

MLS Number: 220190371

Oregon Datashare
Oregon Jackson County Medford 97501 Downtown Medford

243 N Holly St, Medford, OR

This home is located at 243 N Holly St, Medford, OR 97501 and is currently priced at $675,000, approximately $220 per square foot. This property was built in 1928. 243 N Holly St is a home located in Jackson County with nearby schools including Jackson Elementary School, McLoughlin Middle School, and South Medford High School.

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Oregon Datashare © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Ten-X are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.

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Israel Hunter
Listing Agent
Israel Hunter
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RE/MAX Platinum
(458) 302-2178