3251 Rogue River HWY, Grants Pass, OR 97527
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3251 Rogue River HWY, Grants Pass, OR 97527
3251 Rogue River HWY, Grants Pass, OR 97527
3251 Rogue River HWY, Grants Pass, OR 97527
3251 Rogue River HWY, Grants Pass, OR 97527
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Chloe Marino

Chloe Marino

+1(808) 745-5255
$ 1,825,000
Est. payment /mo
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Active

3251 Rogue River HWY Grants Pass, OR 97527

6,508 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,508 sqft

Price per Sqft $280

MLS Listing ID 220217511

Style Bungalow

Year Built 1969

Annual Tax Amount $2,535

Lot Size 8.030 Acres

Acres 8.03

Lot Dimensions 8.03

Property Sub-Type Multi Family

Property 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

Location

State OR

County Josephine

Interior

Heating Electric, Heat Pump

Cooling Heat Pump

Exterior

Parking Features Driveway

Roof Type Composition

Building

Foundation Block, Pillar/Post/Pier

Water Well

Architectural Style Bungalow

Level or Stories One

Structure Type Frame

New Construction No

Schools

High Schools Hidden Valley High

Others

Senior Community No

Tax ID R315483

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by eXp Realty, LLC
NEARBY SCHOOLS & PROPERTIES
Chloe Marino

Chloe Marino

Agent | License ID: RS-82751

+1(808) 745-5255

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3251 Rogue River HWY

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