$1,825,000
3251 Rogue River Highway, Grants Pass, OR 97527
beds
baths
sqft
Property Type
Multi Family
Multi Family
Built
1969
1969
Lot Size
8.03 Acres
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
eXp Realty, LLC
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