4600 Rogue River Highway, Grants Pass, OR 97527 | Home For Sale

$1,190,000

4600 Rogue River Highway, Grants Pass, OR 97527

beds
baths
5,699
sqft
Property Type
Multi Family
Built
1936
Lot Size
1.19 Acres

Property Highlights

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.

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Facts & features

Bedrooms
Bathrooms
Square Feet
5,699
Listed By
Millen Property Group
541-301-3435

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