$1,190,000

Multi Family In Grants Pass

  • 5,699 Sqft
  • 1.19 Ac lot
  • Updated: April 7
  • 1
    Views for last 30 days
  • Source:
    Oregon Data Share  MLS#220218684

About the Property

Cash flow property! A rare 9-unit opportunity offering income stability. This one-of-a-kind investment features a 3-bedroom main home, ideal for owner occupancy or on-site management. The other units include six 1-bedroom cottages, one 2-bedroom, and a studio. In addition to the 9 permanent units, there are two spots for RV parking, a laundry room and 2 storage spaces that all provide revenue. The
Cash flow property! A rare 9-unit opportunity offering income stability. This one-of-a-kind investment features a 3-bedroom main home, ideal for owner occupancy or on-site management. The other units include six 1-bedroom cottages, one 2-bedroom, and a studio. In addition to the 9 permanent units, there are two spots for RV parking, a laundry room and 2 storage spaces that all provide revenue. The property currently generates an impressive annual income over $134,000, with a net profit over $80,000 annually, based on existing rents. Total monthly rental income is currently $11,175. Several units enjoy decks overlooking the iconic Rogue River, paired with sweeping mountain views, an amenity that enhances both tenant retention and rental appeal. A shared common area provides additional value for tenant enjoyment and community feel. Ideally located between Grants Pass and Medford, providing convenient access to regional amenities. Owner-financing is not available.
  • Property type

    Other

  • Year built

    1936

  • Price/sqft

    $208

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4600 Rogue River Highway, Grants Pass, Oregon, United States View on Google Maps
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Millen Property Group - Ashland

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Millen Property Group - Ashland
Oregon, United States
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12
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2025
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Millen Property Group - Ashland
Ashland, Oregon, United States
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Last updated
April 7
First listed
Apr 7
Listing reference
220218684
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