About 429 N Holly Street
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.
Features of 429 N Holly Street
| MLS® # | 220218682 |
|---|---|
| Price | $405,000 |
| Acres | 0.11 |
| Year Built | 1926 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Style | Craftsman |
| Status | Active |
Community Information
| Address | 429 N Holly Street |
|---|---|
| Subdivision | N/A |
| City | Medford |
| County | Jackson |
| State | OR |
| Zip Code | 97501 |
Amenities
| Parking | Alley Access, Attached, On Street |
|---|---|
| View | Neighborhood |
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
| Stories | Two |
Exterior
| Roof | Composition |
|---|---|
| Construction | Frame |
| Foundation | Concrete Perimeter, Pillar/Post/Pier |
School Information
| Elementary | Jackson Elem |
|---|---|
| Middle | McLoughlin Middle |
| High | South Medford High |
Additional Information
| Date Listed | April 6th, 2026 |
|---|---|
| Days on Market | 134 |
| Zoning | Mfr-20 |
Listing Details
| Office | Millen Property Group |
|---|