Loading...

Merlin, OR, 97532 • 97532 • Josephine County
$195/sqft
-$200,001 since Sep 3, 2024
10,236Sqft
8.1 acLot
1983Built
Other Style
Built 1983 · 43 years of history
Demand and pricing signals for this listing
153 views
People checking out this listing
6 saves
Buyers have saved this home
920 days on market
Established listing
$195/sqft
Price per square foot
Multi Family · Built 1983
16-unit rental portfolio on just over 8 acres of property. Consisting of 16 lots with 10 homes owned by the seller & the remaining 6 homes are tenant-owned renting the space. The property has a current gross rent of approximately $155,000 per year and with some further improvement, has the potential for increasing that to over $200,000/year! Each lot is independent & a new owner could sell off separate lots to create a gain or to tailor the investment to their liking. Located in the heart of Merlin the neighborhood has access to abundant natural beauty & recreation with the world famous Rogue River right nearby - an attraction that draws thousands of travelers each summer who flock to Merlin for rafting & fishing. The Grants Pass city center is just under 9 miles from Tavis Drive providing a variety of dining options, shopping, entertainment, & plentiful health care options.
Based on current rates
Est. 6.31% rate · 30yr fixed · $1,599,999 loan
Full calculator →Key facts and listing details
4 categories of property features
Market data and value estimates
3 schools rated nearby
Merlin, OR, 97532
8 events
6 years of records
Local context around this listing
Merlin, OR • Josephine County
Nearby cities
Nearby zip codes
© 2026 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Zillow Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. This content has last been updated on 2026-04-07 14:33:29 PDT
No obligation · Same-day response