4600 Rogue River HWY, Grants Pass, OR 97527
4600 Rogue River HWY, Grants Pass, OR 97527
4600 Rogue River HWY, Grants Pass, OR 97527
4600 Rogue River HWY, Grants Pass, OR 97527
4600 Rogue River HWY, Grants Pass, OR 97527
4600 Rogue River HWY, Grants Pass, OR 97527
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Brad Knotts

Brad Knotts

Central Oregon

+1(503) 580-5206
$ 1,190,000
Est. payment | /mo

5,699 SqFt

Save
$ 1,190,000
Est. payment | /mo
Save

5,699 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,699 sqft

Price per Sqft $208

MLS Listing ID 220218684

Style Bungalow

Year Built 1936

Annual Tax Amount $3,483

Lot Size 1.190 Acres

Acres 1.19

Lot Dimensions 1.19

Property Sub-Type Multi Family

Property Description

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.

Location

State OR

County Josephine

Interior

Interior Features Ceiling Fan(s), Linen Closet, Primary Downstairs

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Window Features Double Pane Windows,Vinyl Frames

Exterior

Parking Features Asphalt, Driveway, Gravel, Parking Lot

Roof Type Asphalt,Composition

Building

Lot Description Landscaped, Level, Sloped

Foundation Concrete Perimeter, 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 R315700

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Millen Property Group

NEARBY SCHOOL & BUSINESS

MORE Realty Bend/Central Oregon

+1(541) 255-3733

centraloregon@morerealty.com

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4600 Rogue River HWY

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