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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

Happy sellers in Grants Pass

85%
85% of sellers in Grants Pass reported that their sale price either exceeded or met their price expectations.

Grants Pass stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Grants Pass over the last 12 months.

Local market activity for multi families in Grants Pass

In the last 12 months, 3 multi families similar to 4600 Rogue River Highway, have been sold.

This represents a 50% decrease in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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