4600 Rogue River Highway

Grants Pass OR 97527

5699 sq. ft.

51836.4 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

5699 sq. ft. floor area

51836.4 sq. ft. lot size

Multi-Family

Property history for 4600 Rogue River Highway

2023

Sold

$1,082,000

29 Aug 2023 by Keyna Meives, of Cascade Hasson Sotheby's International Realty

2012

Sold

Undisclosed

10 Feb 2012

2004

Sold

$355,900

03 Apr 2004

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