3251 Rogue River Highway, Grants Pass, OR 97527
Local realty services provided by:Duke Warner Realty ERA Powered
3251 Rogue River Highway,Grants Pass, OR 97527
$1,825,000
- - Beds
- - Baths
- 6,508 sq. ft.
- Multi-family
- Active
Listed by: rockwell group, jacob rockwell
Office: exp realty, llc.
MLS#:220217511
Source:OR_SOMLS
Price summary
- Price:$1,825,000
- Price per sq. ft.:$280.42
About this home
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
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Home facts
- Year built:1969
- Listing ID #:220217511
- Added:90 day(s) ago
- Updated:June 18, 2026 at 02:25 PM
Rooms and interior
- Flooring:Carpet, Laminate
- Living area:6,508 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Electric, Heat Pump
Structure and exterior
- Roof:Composition
- Year built:1969
- Building area:6,508 sq. ft.
- Lot area:8.03 Acres
- Construction Materials:Frame
- Foundation Description:Block, Pillar/Post/Pier
- Levels:1 Story
Schools
- High school:Hidden Valley High
- Middle school:Lincoln Savage Middle
- Elementary school:Fruitdale Elem
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,825,000
- Price per sq. ft.:$280.42
- Tax amount:$2,536 (2025)
Parking
- Parking description:Driveway
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