387 Tavis Drive, Merlin, OR 97532 | Home For Sale

$1,850,000

387 Tavis Drive, Merlin, OR 97532

beds
baths
sqft
Property Type
Multi Family
Built
1983
Lot Size
8.06 Acres

Property Highlights

Property Highlights – 16-unit rental portfolio on just over 8 acres – Composed of 16 individual lots; 10 homes owned by the seller and 6 homes tenant-owned (renting the lot) – Current gross rent approximately $155,000 per year; seller indicates potential to exceed $200,000/year with further improvements – Each lot is independent and can be sold individually or held as a group – Located in Merlin, near the Rogue River, which attracts seasonal visitors for rafting and fishing – Grants Pass city center is just under 9 miles away, offering dining, shopping, entertainment, and healthcare options

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Facts & features

Bedrooms
Bathrooms
Square Feet
Listed By
John L. Scott Medford
barbarabrown@johnlscott.com

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

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