This 6.79 acre property is zoned Exclusive Farm Use and offers multiple rental income streams with room for additional growth. Located in Gold Hill on Old Stage Road, the acreage includes four separate living configurations, each featuring its own private yard space. The structures consist of a two story 3-bed, 1-bath main house, a second 3-bed, 1-bath home with a deck, and a duplex divided into a 2-bed, 2-bath unit and a 1-bed, 1-bath unit. The grounds feature multiple garden areas and full RV hookups, adding further utility to the site. Valuable water rights convey with the land. Additionally, the property features a manufactured structure that is permitted as storage per the seller. This Jackson County multi-dwelling setup is well suited for an investor looking for established rental income or an agricultural buyer needing employee housing.
Rare turnkey riverfront investment opportunity with exceptional upside potential. Property includes a 6-plex where every unit has been meticulously restored to like-new condition with extensive structural improvements and quality upgrades throughout. Features include mini-split HVAC systems, new roof, new windows, updated cabinets, flooring, plumbing and electrical fixtures, plus a new septic system and well system for long-term reliability. Property also includes an additional manufactured home, community laundry facility, dog run, and expansive parking area. The riverfront setting creates an attractive amenity for tenants or owner use while offering the potential to develop an additional revenue stream catering to short-stay or vacation clientele. Scheduled gross income of approximately $120,000 annually, low operating expenses, and an attractive 6.86% capitalization rate make this a compelling opportunity for investors seeking strong cash flow and future growth potential.
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Gold Hill is located in Oregon. Gold Hill, Oregon has a population of 1,171. Gold Hill is less family-centric than the surrounding county with 13.26% of the households containing married families with children. The county average for households married with children is 27.52%.
The median household income in Gold Hill, Oregon is $50,750. The median household income for the surrounding county is $61,020 compared to the national median of $69,021. The median age of people living in Gold Hill is 39.9 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 31.1 degrees. The average rainfall is approximately 25.1 inches per year, with 3.6 inches of snow per year.