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4550 Rogue River Highway, Grants Pass, OR 97527

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For Sale

$1,100,000

1.29 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • 1.3 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Exceptional 10-unit multifamily investment property on the Rogue River! Featuring charming cottage-style homes, many with private decks that enhance curb appeal and outdoor living. Mature trees throughout the property create a serene, park-like setting with beautiful natural surroundings. Several units offer scenic river views, making this a truly unique and desirable rental community. Fully occupied, with current under market rents of. $8,785/month produces close to a 7% Cap Rate. Potential market rents are estimated at $12,775 and potential cap rate of 10.2%. Each unit includes electric heat, separate electric meters, block foundation, and ample parking. The property has a well & septic system helping keep costs low. Bonus RV pad with hookup and a coin-op laundry area offers additional income potential. A dedicated caregiver maintains the grounds for ease of ownership. Expand your portfolio with a high-demand, income-generating property in an unbeatable location.
MLS# 220200419

Courtesy Of eXp Realty, LLC

(541) 292-4444

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Floor Covering
    Carpet, Vinyl
  • Lot Size
    1.29 Acres

Map and Directions

Directions to 4550 Rogue River Highway, Grants Pass, OR 97527

Home seller CENTURY 21 J.C. Jones American Dream

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J.C. Jones American Dream

(541) 476-6502
Learn More About Us

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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