429 N Holly Street, Medford, OR 97501
MULTI_FAMILY - Craftsman - Medford, OR
- Added:
- Apr 6, 2026
- Days on Market:
- 92
- Last Refresh:
- Jul 6 at 8:06 am
Property Features for 429 N Holly Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Alley, On Street
- Standard status
- Active
- APN
- 10393668
- Size
- 2,432 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2499
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Number of units
- 5
- Flooring type
- Carpet, Hardwood
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Craftsman
Listing agent Kenny Taylor License #201214945 (541) 606-8616
Listing office Millen Property Group 545 A Street, Ste 2, Ashland, OR (541) 301-3435
Listing date Apr 6, 2026
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5‑rental‑unit setup: 2‑bedroom ground‑floor unit plus 4 separate studios on the second floor
- Currently generates $48,900 annual income with net profit over $38,000 annually, based on existing rents and condition
- Current rents total: $1,470, $675, $660, $650, and $620; reported 100% occupancy with low turnover
- Large garage plus alley and on‑street parking
- Craftsman‑style frame building built in 1926 with composition roof
- Utilities include public water and public sewer; heating is wall furnace and cooling is window unit(s)
Overview
Located at 429 N Holly Street in Medford, Oregon (Jackson County), the building sits on approximately 0.11 acres and totals about 2,432 square feet. The listing notes current 100% occupancy and low turnover rates.
From an operational standpoint, this is positioned as an investor opportunity with existing rents listed at $1,470, $675, $660, $650, and $620. Based on existing rents and the current condition, the remarks state an estimated annual income of $48,900 and a net profit over $38,000 annually. Buyers should also note the property is described as non-conforming and is expected to likely not qualify for financing, with cash buyers only per the listing. As provided, the sale is subject to the property being sold in its current, as-is condition.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.8k | $18.00 |
| − Vacancy | −$2.2k | −$0.90 |
| EGI | $41.6k | $17.10 |
| − OpEx | −$18.7k | −$7.69 |
| NOI | $22.9k | $9.41 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Jackson
- State
- Oregon
- Longitude
- -122.879703
- Latitude
- 42.328192
