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    243 N Holly St Medford, OR 97501

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    For Sale
    $675,000

    Five-unit property near downtown Medford with development potential.

    Property size:
    3,062 SF
    Lot size:
    0.23 Acres

    Property Features for 243 N Holly St

    General Information

    Size
    3,062 SF
    Lot size
    0.23 Acres

    Building Details

    Year built
    1928

    Source: Keller Williams Realty Southern Oregon Agent Israel Hunter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medford Multifamily Investment Opportunity

    This five-unit property, situated near downtown Medford, presents an investment opportunity. The property encompasses a total of 3,062 square feet and includes four one-bedroom, one-bath units, along with one standalone two-bedroom, one-bath unit. Positioned on a 0.23-acre corner lot, the property provides space for five parking spots and offers potential for future development to add more units. The exterior has been recently painted, and most units have been updated with new flooring, cabinets, and fresh interior paint. The property has a cap rate of 6.26%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sellers Realty Real Estate Agency Precision Polygraph Private Investigator Dr. marthe M. ... Doctor Bankruptcy Attorney in Medford ... Bankruptcy Attorney Matthew G. Fawcett Attorney

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Hair Salon Spa & Massage Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    Jackson
    State
    Oregon
    Longitude
    -122.8783695
    Latitude
    42.3267931

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property near downtown Medford with development potential.
    Where is this apartment building located?
    The property is located at 243 N Holly St Medford, OR.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - 6. 26% Cap Rate; - Prime location near downtown Medford; - Five units included: Four 1-bedroom, 1-bath units and one standalone **2-bedroom, 1-bath unit**
    Request Owner's contact information
    243 N Holly St Medford, OR 97501
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    Medford, OR 97501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    243 N Holly St Medford, OR 97501
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