1. Oregon
  2. Grants Pass
  3. 4550 Rogue River Highway
$1,100,000

4550 Rogue River Highway, Grants Pass, OR 97527

  • 7,798 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
April 25, 2025 at 05:00AM
Listing Office:
eXp Realty, LLC : 888-814-9613
MLS ID:
220200419
  • Flooring: CarpetVinyl
  • A/C: Wall/Window Unit(s)
  • Heating: Electric

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

2.97 miles away

L

Lincoln Savage Middle School

8551 New Hope Rd, Grants Pass, OR, 97527

Grades 6-8

6.56 miles away

H

Hidden Valley High School

651 Murphy Creek Rd, Grants Pass, OR, 97527

Grades 9-12

7.90 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.