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243 Holly ST Medford, OR 97501
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Key Details
Sold Price $675,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,062 sqft
Price per Sqft $220
Subdivision West Medford
MLS Listing ID 220190371
Sold Date 11/13/25
Style Craftsman
Year Built 1928
Annual Tax Amount $3,461
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 0.23
Property Sub-Type Multi Family
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.
Location
State OR
County Jackson
Community West Medford
Direction From N Central turn West onto 4th st. Property is on the corner of N Holly St and W 4th St
Rooms
Basement None
Interior
Heating Electric
Cooling None
Window Features Double Pane Windows,Vinyl Frames,Wood Frames
Exterior
Parking Features No Garage, On Street, Parking Lot
Roof Type Composition
Building
Lot Description Corner Lot, Level
Foundation Concrete Perimeter, Pillar/Post/Pier
Water Public
Architectural Style Craftsman
Level or Stories Two
Structure Type Frame
New Construction No
Schools
High Schools Check With District
Others
Senior Community No
Tax ID 10397011
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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