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Listed price in listed location currency (USD).
$1,825,000

000

MLS® 220217511

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $2,536
Days Active 1
Lot Size 8.03 acres
Approx. Age 1969
MLS® Number 220217511

Property Address: 3251 Rogue River Hwy, Grants Pass, OR, 97527-4649

Average square foot calculated using Size range provided by listing agent.

Description

Amazing investment opportunity featuring 12 units, including 7 individual cottages, 2 duplexes, and one 3-bedroom home, all set on 8 park-like acres. Currently generating over $13, 000 in monthly rents with a strong 7% cap rate, this property offers immediate cash flow with additional upside potential through future rent increases and self-management. Tenants are consistently drawn to the unique layout of spread-out cottages nestled among mature trees, creating a private, community-style setting with beautifully maintained grounds. Many long-term tenants provide stability and consistent income. The property has seen numerous updates, including clean, well-maintained interiors full of charm, newer roofs, rain gutters, irrigation, a strong well, fenced yards, common areas, community laundry with coin-op machines, and ductless mini-split HVAC systems for efficient heating and cooling. This rare find combines rural tranquility with a robust, diversified revenue stream for the savvy investor
MLS® Number220217511
Laundry Level
Central VacNo
FireplaceNo
Acreage8.03
Exterior
GarageNo
Approx. Age1969
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 20, 2026List Date
$1,825,000List Price
  • Commute

Commute

Starting Address
Destination Address
3251 Rogue River Hwy, Grants Pass, OR

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