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.
Active
$405,000
429 N Holly St, Medford, OR 97501
--beds
0baths
2,432sqft
Multi Family
Built in 1926
-- sqft lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
Spacious two-bedroom ground-floor unitLarge garage
- 181 days
- 173
- 12
Zillow last checked:
Listing updated:
Listed by:
Millen Property Group 541-301-3435
Source: Oregon Datashare,MLS#: 220218682
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Carpet, Hardwood
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,432
- Total interior livable area: 2,432 sqft
Property
Parking
- Parking features: Alley Access, Attached, On Street
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 10393668
- Zoning description: Mfr-20
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Concrete Perimeter, Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Medford
Financial & listing details
- Price per square foot: $167/sqft
- Annual tax amount: $2,498
- Date on market: 4/7/2026
- Cumulative days on market: 181 days
- Listing terms: Assumable,Cash,Owner Will Carry
- Inclusions: appliances
- Exclusions: Tenant's personal property
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,254/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Price change | $405,000-4.7%$167/sqft |
Source: | ||
| 4/7/2026 | Listed for sale | $425,000+77.8%$175/sqft |
Source: | ||
| 10/3/2017 | Listing removed | $239,000$98/sqft |
Source: John L. Scott Ashland #2970960 Report a problem | ||
| 10/24/2016 | Listed for sale | $239,000+139.2%$98/sqft |
Source: John L. Scott Ashland #2970960 Report a problem | ||
| 7/25/2013 | Listing removed | $330 |
Source: Zillow Rental Network Report a problem | ||
| 7/11/2013 | Listed for rent | $330 |
Source: Zillow Rental Network Report a problem | ||
| 6/12/2013 | Listing removed | $99,900$41/sqft |
Source: John L Scott Real Estate #2925502 Report a problem | ||
| 4/10/2013 | Price change | $99,900-9.1%$41/sqft |
Source: John L Scott Real Estate #2925502 Report a problem | ||
| 9/29/2011 | Listed for sale | $109,900-12%$45/sqft |
Source: John L Scott Real Estate #2925502 Report a problem | ||
| 5/19/2011 | Listing removed | $124,900$51/sqft |
Source: John L Scott Real Estate #2918781 Report a problem | ||
| 2/12/2011 | Price change | $124,900-21.9%$51/sqft |
Source: John L Scott Real Estate #2918781 Report a problem | ||
| 12/3/2010 | Listed for sale | $159,900$66/sqft |
Source: John L Scott Medford #2918781 Report a problem | ||
| 9/15/2010 | Listing removed | $159,900$66/sqft |
Source: John L Scott Real Estate #2911769 Report a problem | ||
| 3/14/2010 | Listed for sale | $159,900$66/sqft |
Source: John L Scott Real Estate #2911769 Report a problem | ||
| 2/4/2010 | Listing removed | $159,900$66/sqft |
Source: Re/Max Ideal Brokers, Inc. #2906321 Report a problem | ||
| 1/6/2010 | Listed for sale | $159,900$66/sqft |
Source: Re/Max Ideal Brokers, Inc. #2906321 Report a problem | ||
| 12/3/2009 | Listing removed | $159,900$66/sqft |
Source: RE/MAX Ideal Brokers #2906321 Report a problem | ||
| 11/14/2009 | Price change | $159,900-8.6%$66/sqft |
Source: RE/MAX Ideal Brokers #2906321 Report a problem | ||
| 8/7/2009 | Price change | $174,900-22.2%$72/sqft |
Source: Chaparral Realty Group Inc. #2803763 Report a problem | ||
| 8/8/2008 | Listed for sale | $224,900$92/sqft |
Source: Postlets #2803763 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97501
Nearby schools
Schools provided by the listing agent
- Elementary: Jackson Elem
- Middle: McLoughlin Middle
- High: South Medford High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





