Value-add 11-unit investment opportunity with established income and multiple paths to stronger NOI. Nine units may support rent increases of approximately $25/month, adding about $2,700 in annual gross income. Based on stabilized underwriting, projected NOI is approximately $62,319, indicating a 7.12% cap rate at the $875,000 offering price. Recent operating history reflects elevated repairs and other non-recurring expenses, creating upside as operations normalize. Deferred maintenance, including exterior paint and a roof that may require attention in the near future, gives a new owner the opportunity to improve curb appeal, strengthen the asset and enhance long-term value. On-site laundry and established rental history add to the appeal. Financials available. Buyer to verify all information.
Prime investment opportunity or multi-generational layout at 1086 Rainwood Lane in Grants Pass's desirable Redwood neighborhood. Nestled on a quiet street near top-rated schools, medical centers, and dining, this well-maintained two-story duplex offers 3 bedrooms and 2 full baths per unit. Each unit is exceptionally clean, bright, and spacious, featuring thoughtful design touches throughout. Living spaces flow effortlessly on the main floor, while the layout provides two private bedrooms tucked upstairs for quiet rest. Everyday convenience is built right in, as each unit boasts its own attached one-car garage and a fully fenced private backyard--ideal for outdoor relaxing, gardening, or pets. Located in a strong rental market with high demand for quality multi-family units in Grants Pass, this property delivers strong income potential whether leased entirely or used as a owner-occupied residence. Clean, functional, and situated in a serene neighborhood setting.
Apartment complex in Grants Pass comprised of 6 units and a 6-space detached covered carport which includes storage. This 55 and older property is centrally located, well maintained and has seen recent improvements. Building is two stories and approximately 4,500 SF with three 750 SF units on the first floor as well as three 750 SF units on the second floor. The floorplan of each unit is two bedroom/one bathroom with living and dining areas.
A pristine investment! Each side is 2 bed 1 bath and rents for $1510 per month! Long term month-to-month tenants in each side love it! Great views, close to the community dog park, garden, clubhouse, and gazebo. Association fee covers water and yard maintenance! Call for more info and check out this great Horizon Village (55+) duplex!
Very unique multi-family or investment property. 1.76 acres with two fully legal residences with separate addresses, plus an ADU all on one tax lot. The 1962 ranch house is 1578 Sq. ft., split floor plan with 3 bedrooms, 2 bathrooms, on a concrete slab floor. Oil stove for heat and a woodstove. Roof was replaced in 2002. The house and the ADU share the septic and a 20 GPM well (per well log). The ADU was built in 1999, is 640 sq. ft. per the seller. The ADU has a full kitchen, bathroom, and separate laundry in the garage. Oil stove for heat and wall AC. Across the field is the second residence, a 2 bedroom, 2 bathroom 1971 Manufactured home with it's own driveway, separate 20 GPM well (per well log), septic system, and garage. Fenced perimeter and cross fenced. Possible Owner Carry Terms. 24 hour notice is required and Listing agent must be present for all showings. Please do not disturb tenants.
An ideal income-producing asset, 1703 NE Fairview Lane in Grants Pass presents a steady, turn-key investment with a strong financial foundation. This 6-plex features desirable 2-bedroom, 1-bathroom units complete with covered parking, making it consistently attractive to quality long-term tenants. Currently operating at a solid 6.9% cap rate, the property delivers immediate, dependable cash flow from day one. Its exceptional track record of being 100% occupied for years highlights steady tenant demand, driven by an unbeatable location steps away from local shopping centers, dining, and regional medical facilities. While current rents sit near market averages, an investor has a clear runway for modest upside. Updates include mini splits in 2025, fresh exterior paint in 2026, and newer roofing. Perfect for an investor seeking a reliable, low-vacancy multi-family asset with upside potential.
Opportunity to own a duplex offering flexibility for both investors and owner-occupants. Both units feature similar layouts and finishes with bright kitchens, white cabinetry, spacious living areas, indoor laundry, vinyl-framed windows, attached garages, driveway parking, and private fenced backyard spaces with patios. Sliding glass doors provide easy access to the outdoor areas, with established trees and room for gardening, pets, or relaxing outside. The roof was replaced in 2016, adding another valuable update to the property. One unit is currently scheduled to be vacant November 1, providing an opportunity for an owner-occupant or for a buyer to place a new tenant, while the second unit is currently tenant occupied. Live in one side and rent the other, accommodate extended family, or keep both units as rentals. A versatile property with separate living spaces, garages, parking, and private outdoor areas. Attic features approximately 24 in of blown-in fiberglass insulation.
Enjoy comfort, convenience, and opportunity in Horizon Village, a desirable 55+ duplex community in Grants Pass where units tend to sell quickly. Whether you are a savvy investor or an owner-occupant dreaming of living in one unit while renting out the other, this property offers flexibility and built-in appeal. One unit is currently occupied by a long-term tenant, providing rental income from day one. Each side features a welcoming one-bedroom layout with generous closet space, vaulted ceilings, skylights, an open floor plan, cozy gas fireplace, washer and dryer, access to the back deck from the bedroom, wheelchair accessibility, and an attached one-car garage. HOA dues are only $350 per month for both units and include landscaping, water, and clubhouse access, making day-to-day living easy to enjoy. Close to shopping, medical services, and everyday amenities, this duplex blends low-maintenance living with strong investment potential.
Easy to rent, always full, duplex. Recently updated 3 bed/1 bath with ductless HVAC, and a fenced side yard. Rents for $1,445/mo. A well kept, 2 bed/1 bath with a long term tenant in the other side, also with fenced side yard/patio. Rents for $1,200/mo. Four parking spaces in the front, with additional parking in the rear. Low maintenance and well maintained in an easy rent package. With gross rents at $31,740/yr, why are you waiting.
Just completed Executive duplex in a top location. Close to the hospital and all medical. Yards away from grocery and restaurants. This is brand new custom duplex for executive living. 800 feet per side with energy efficiency, and quality in mind. You will be impressed with the finish work, the large living and bedroom area. The oversized bath with custom cabinets and granite counters. This is high end for low price. First time home buyers or down sizers. Note rent one unit and occupy the other. You can afford this! You must tour to appreciate.
Fantastic location duplex. Single level units with single car garages and single attached carports for each side. Spacious two bedrooms, two bath units with vaulted ceilings in great room, dining and kitchen. Covered entry and covered patios with a fenced backyard. Primary suite has a door out to the covered patio and backyard. Large laundry room with a pantry. Slider off great room to covered patio and back yard. This duplex has been meticulously maintained by the owner and professionally managed.
Fantastic location duplex single level units with single car garages and single carports for each side. This duplex is in great condition and has been well maintained over the years by the owner. Vaulted ceilings in great room, dining room and kitchen. Covered entry and covered patios with a fenced backyard. 2 bedrooms and 2 bathrooms. Primary suite has a door out to covered patio and backyard, lg laundry room with a pantry. Slider off great room to the covered patio and backyard. Long term tenants with great rental history.
This versatile General Commercial property includes two structures on a 0.23-acre lot. 1213 NE 6th at 972 SF is a 2-bedroom, 1-bath home with a private entrance, fenced deck, and parking, currently rented for $1,450 per month. 1215 NE 6th Street, 522 +/- SF, fronts 6th Street and is currently owner-occupied as a real estate office; it last rented for $900 per month in 2015. Could be a studio or 1 RR Apt? One of the owners is a Licensed Oregon RE Broker. Buyers should conduct their own due diligence regarding condition and intended uses of each property.
EXCEPTIONAL BUYER INCENTIVE!! Seller contributing 20k towards buyers closing costs Brand-new duplex offering the perfect blend of quality craftsmanship, modern design, and investment potential. Each thoughtfully designed unit features approximately 1,326 sq. ft. of living space with an open-concept floor plan, 9-foot ceilings, luxury vinyl plank flooring, and abundant natural light. The stylish kitchens showcase beautiful cabinetry, granite countertops, generous storage, and quality finishes throughout. Upstairs, both spacious bedrooms are private primary suites, each with its own en-suite bathroom, while a convenient half bath is located on the main level for guests. Tucked back off the street in a quiet neighborhood, this property offers privacy while remaining just minutes from shopping, dining, schools, medical facilities, and everyday amenities. Whether you're expanding your investment portfolio or looking to owner-occupy, this newly constructed duplex is an exceptional opportunit
Investor alert. Very nice fourplex in a quiet neighborhood at a competitive price. Real estate is one of the best ways to accumulate wealth. Live in one unit and collect rent for the other three. The rents can pay towards the mortgage. Or just invest. Part of a larger portfolio and others are available. Priced at recent appraisal. Call for details.
Investor alert. Very nice fourplex in a quiet neighborhood at a competitive price. Real estate is one of the best ways to accumulate wealth. Live in one unit and collect rent for the other three. The rents can pay towards the mortgage. Or just invest. Part of a larger portfolio and others are available. Priced at recent appraisal. Call for details.
Triplex featuring three 1-bedroom, 1-bath units in a convenient location close to downtown amenities, shopping, dining, and services. This property offers excellent potential for investors looking to add value and build equity. With solid rental possibilities and room for your vision and improvements, this is an opportunity to customize and maximize returns. Whether you're expanding your portfolio or looking for your next project, this income-producing property offers plenty of upside potential. Don't miss the chance to unlock the possibilities!
Situated in the heart of downtown Grants Pass, this well-maintained duplex offers an excellent blend of comfort, versatility, and investment potential. Each thoughtfully designed unit features two bedrooms, one bathroom, and a private fenced outdoor space - highly desirable amenities for today's renters. Currently occupied by long-term month-to-month tenants, the property provides immediate income potential with flexibility for future plans. Whether you are seeking to grow your investment portfolio or own a property with established rental appeal, this duplex presents a valuable opportunity in a prime location near shopping, dining, and everyday conveniences.
Beautiful Horizon Village 55+ Duplex Community. Featuring a spacious 2 bedrooms and 2 baths on each side with 1,166 sf. Open kitchen with granite counters, island, SS appliances, snack bar and an abundance of cabinets. Light and bright great room with dining area and slider to the covered patio. En-suite bedroom with walk-in closet. Beautiful landscaping and convenient location. Close to medical office, hospital and shopping. Don't hesitate on this one.. HOA is $350 monthly and includes front and back landscaping, water and Clubhouse.
This single-level duplex with 2 bedrooms and 2 bathrooms, per side, features private, generous, and fully-fenced backyards along with attached garages. The home includes a master suite and is located close to Redwood Park, as well as medical facilities, shopping, and services in Grants Pass. The property is fully rented and has maintained an excellent vacancy rate.
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.
Affordable investment opportunities are getting harder to find! In the heart of Grants Pass, this solid 1978 duplex offers strong income potential and flexibility. Each unit is 1 bed/1 bath, approx. 672 sq ft, with a large living room, galley kitchen, and comfortable bedroom--an easy rental in a strong market. Unit A rents for $975/month and unit B rents for $1,250/month. Includes two tenant storage units and simple, low-maintenance management ideal for self-managing investors. Owner-occupants may qualify for FHA financing with lower rates than investor loans. Proforma cap rate approx. 6.6%
Versatile 2.71-acre gated property offering multigenerational living and income potential. The park-like setting features mature trees, sprinkler irrigation, privacy, and multiple living spaces. The main home includes 2 bedrooms, 1 bathroom, a spacious great room with floor-to-ceiling rock wall hearth and wood stove, vaulted ceilings with skylights, a cook's kitchen, and a tiled shower. Enjoy the peaceful setting from the covered porch. Property also includes an attached 2-car garage and shop. Additional improvements include a chalet/tiny home, a one-room cabin/studio, and an RV parking space with water and electricity. There are two septic systems with a shared leach field. Historical rental income totals $4,767 per month. Ideal for multigenerational living, owner-occupant with rental income, or investment opportunity. Buyer to verify all aspects of the property to their own satisfaction.
INVESTORS! Nice Grants Pass 4-plex with great rental history! Solid building built in 1964. Each unit features 2 bedrooms, 1 1/2 bathrooms, approx.,1,080 sqft. Sitting on a Corner lot this 4-plex has parking in the back with alley access. Each unit also, has their own little gated front yard and a 360 sqft. storage unit in the back. Tenants are established and very quiet and would like to stay if possible.
Exclusively presented for sale - a rare land assemblage site of 5 adjacent but separate parcels, a first-to-market opportunity in a beautiful sub-market of Grants Pass, Oregon. The Portfolio represents optionality, with a package of 5 standalone homes (mix of SFR/manuf.) across just under 1 acre in a peaceful, quaint setting ~650' to the Rogue River. Ideally positioned for a cohesive ground-up project of either higher density duplexes, higher-end single family, or simply a remodel of the existing assets, the Portfolio provides the rarely seen combination of attainable size and multiple exit options. 4 of 5 homes are currently leased to longer-term tenants, allowing income during the planning and design phase. 1260 Plummer has recent remodels and could provide immediate upside to a buyer. CFEC and HB2001 regulations could allow for higher density development with minimal or no parking reqs - buyer to complete all due diligence. Contact listing brokers today for more info!
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Grants Pass is located in Oregon. Grants Pass, Oregon has a population of 38,902. Grants Pass is more family-centric than the surrounding county with 28.12% of the households containing married families with children. The county average for households married with children is 25.08%.
The median household income in Grants Pass, Oregon is $49,355. The median household income for the surrounding county is $51,733 compared to the national median of $69,021. The median age of people living in Grants Pass is 40 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 29.8 inches per year, with 2.6 inches of snow per year.