Duplex with Garage
718 S Holly St, Medford, OR 97501
For Sale
New
$298,000
Two occupied units offer a two-bedroom home and a separate studio above the garage.
Property Size1,192 SF
Price / SF$250
Days on Market3
Property Features for 718 S Holly St
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
Merit Commercial Re, LLC
Listed By:
Strategic Realty, LLC
(541) 595-8444
Source:
Movetobend
Added: Nov 12
Last Checked: Nov 12 at 2:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Merit Commercial Re, LLC
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Investment Insights
Based on property information with market context.
This duplex pairs a single-story, two-bedroom, one-bathroom residence with a studio unit above the garage. The property was built in 1943 and contains 1,192 square feet. Both units are currently rented, and the layout also supports owner occupancy alongside a tenant.
Key Highlights
- 1,192‑square‑foot duplex built in 1943
- Single‑story residence with 2 bedrooms and 1 bathroom
- Separate studio unit located above the garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,774
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,480
$255.5K
Cap Rate 7%
$182,486
$182.5K
Cap Rate 9%
$141,933
$141.9K
Market Conditions
NOI Build-Up for 1,192 SF
Gross rent
$19.3K $16.20/SF
− Vacancy
−$1.1K −$0.89/SF
EGI
$18.2K $15.31/SF
− OpEx
−$5.5K −$4.59/SF
NOI
$12.8K $10.72/SF
Area
Jackson County, OR
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,480
Cap Rate 7%
$182,486
Cap Rate 9%
$141,933
Alternative Uses
Best Use
Multifamily LT 5
$182.5K
$159.7K – $212.9K
NOI $12,774 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$160.2K
$140.1K – $186.9K
NOI $11,211 @ 7.0% cap · market cap 3.76%
Theoretical Best
Office A
$287.7K
$251.8K – $335.7K
NOI $20,140 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,400
Businesses Nearby
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Business Placement
Demographics for 97501, OR
47,519
Population
19,370
Households
2.5
Avg Household Size
37
Median Age
20%
College-Educated
90%
High-School Grad
45.3 sq mi
ZIP Area
1,049
Density / Sq Mi
$61,971
Median Household Income
$36,471
Median Earnings
$1,238
Median Rent
$325,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Jackson County, OR
Properties on Market for Duplexes in Jackson County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units offer a two-bedroom home and a separate studio above the garage.
Where is this duplex located?
The property is located at 718 S Holly St Medford, OR.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 1,192‑square‑foot duplex built in 1943; Single‑story residence with 2 bedrooms and 1 bathroom; Separate studio unit located above the garage
