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
Listed By
Agency Name: eXp Realty, LLC
Shown By
Agent Name: Kim Gilchrist, Broker
Agent Phone: (541) 410-0985
Agency Title: Bend Premier Real Estate
Estimated Payment
$ 9,971.73 per month $9,228.19 Principal & Interest $211.25 Property Tax $532.29 Homeowner's InsuranceSend an email with a link to
3251 Rogue River Highway, Grants Pass, OR 97527.
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3251 Rogue River Highway, Grants Pass, OR 97527.
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3251 Rogue River Highway | MLS# 220217511
This multi-family property located at 3251 Rogue River Highway, Grants Pass, OR 97527 is currently listed for sale with an asking price of $1,825,000. Search Grants Pass real estate on kimgilchrist.bendpremierrealestate.com today.