429 N Holly Street, Medford, OR 97501

Medford
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
429 N Holly Street,Medford, OR 97501
$405,000
  • - Beds
  • - Baths
  • 2,432 sq. ft.
  • Multi-family
  • Active
Listed by: kenny taylor
Office: millen property group
MLS#:220218682
Source:OR_SOMLS

Price summary

  • Price:$405,000
  • Price per sq. ft.:$166.53

About this home

Investor opportunity with owner-financing potential! This spacious two-bedroom ground-floor unit comes with four separate studios on the second floor, plus a large garage. While the property requires some renovations, it currently generates an impressive annual income of $48,900, with a net profit over $38,000 annually, based on existing rents and condition. Enjoy the benefits of 100% occupancy and low turnover rates. Current rents are $1470, $675, $660, $650 and $620. Seize this unique chance to own five rental units in one property! This property is non-conforming and will likely not qualify for traditional financing, but there is potential for owner financing (6.5% amortized over 40 years with balloon payments). Sold as-is.

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Home facts

  • Year built:1926
  • Subdivision & Development:N/A
  • Listing ID #:220218682
  • Added:142 day(s) ago
  • Updated:August 27, 2026 at 02:39 PM

Rooms and interior

  • Flooring:Carpet, Hardwood
  • Living area:2,432 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Roof:Composition
  • Year built:1926
  • Building area:2,432 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Craftsman
  • Construction Materials:Frame
  • Foundation Description:Concrete Perimeter, Pillar/Post/Pier
  • Levels:2 Story

Schools

  • High school:South Medford High
  • Middle school:McLoughlin Middle
  • Elementary school:Jackson Elem

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$405,000
  • Price per sq. ft.:$166.53
  • Tax amount:$2,499 (2025)

Parking

  • Parking description:Alley Access, Attached, On Street

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