3251 Rogue River Highway, Grants Pass, OR 97527 | Home For Sale

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$1,825,000

3251 Rogue River Highway, Grants Pass, OR 97527

beds
baths
sqft
Property Type
Multi Family
Built
1969
Lot Size
8.03 Acres

Property Highlights

Property Highlights – 12-unit income property: 7 detached cottages, 2 duplex buildings (4 units), and one 3-bedroom home – 8-acre site with mature trees and park-like grounds – Currently generating over $13,000 per month in rents – Approximately 7% cap rate – Many long-term tenants; layout of spread-out cottages creates a private, community-style setting – Clean, well-maintained interiors – Recent/upgraded items include newer roofs, rain gutters, irrigation system, and a strong well – Fenced yards, shared common areas, and community laundry with coin-operated machines – Ductless mini-split HVAC systems in place for heating and cooling – Immediate cash flow with potential upside from future rent increases and self-management

Facts & features

Bedrooms
Bathrooms
Square Feet
Listed By
eXp Realty, LLC

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