$1,825,000

3251 Rogue River Highway, Grants Pass, OR 97527

  • 6,508 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon8.03acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $280/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

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

Listing Status:
Active
Date Added:
March 20, 2026
Data Last Updated:
April 6, 2026 at 6:38AM
Listing Office:
eXp Realty, LLC : 888-814-9613
MLS ID:
220217511
  • Flooring: CarpetLaminate
  • A/C: Heat Pump
  • Heating: ElectricHeat Pump
  • Style: Bungalow
  • Parking: Driveway
  • Roofing: Composition
  • General: FrameOneBlockPillar/Post/Pier
  • County: Josephine
  • Zoning: R315483
  • Water: Well
  • Sewer: Septic Tank

This listing courtesy of eXp Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Fruitdale Elementary School

1560 Bill Baker Way, Grants Pass, OR, 97527

Grades KG-5

1.81 miles away

L

Lincoln Savage Middle School

8551 New Hope Rd, Grants Pass, OR, 97527

Grades 6-8

6.04 miles away

H

Hidden Valley High School

651 Murphy Creek Rd, Grants Pass, OR, 97527

Grades 9-12

7.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.