For Sale920d on market
387 Tavis Dr
Merlin, OR, 97532 • 97532 • Josephine County
$1,999,999
$195/sqft
-$200,001 since Sep 3, 2024
10,236Sqft
8.1 acLot
1983Built
Property DNA
Other Style
Built 1983 · 43 years of history
Market activity
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
About this home
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.
Estimated monthly payment
Based on current rates
$12,583/month
Principal & Interest$9,916
Property Tax$2,000
Insurance$667
Down payment20% ($400,000)
3%50%
Est. 6.31% rate · 30yr fixed · $1,599,999 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family, Manufactured Home
Year Built1983
HeatingOther
CoolingOther
ParkingOpen Parking
Days on Zillow920 Days
Price/sqft$195
Property
Home typeMulti Family
Sub-typeMulti Family, Manufactured Home
StyleOther
Year built1983
Stories1
Systems
HeatingOther
CoolingOther
RoofComposition,Metal
Water / SewerShared Well, Other / Capping Fill, Sand Filter, Septic Tank, Other
Parking & Outdoor
ParkingDetached, Driveway
Lot8.06 Acres
Location & Tax
Neighborhood97532
Annual tax$7,638
Parcel350616CD00030001
Features & details
4 categories of property features
Interior Features
Flooring
Other
Heating
Other
Cooling
Other
Exterior Features
Parking
Detached
Driveway
Listing insights
Market data and value estimates
StatusFor Sale
Days on market920
Est. rent$1,458/mo
Tax rate0.55%
Price/sqft$195
On marketNov 5, 2025
PostedSep 30, 2023
MLS statusActive
MLS updatedMar 18, 2026
Tour days9
Views153
Favorites6
How are the schools in Merlin?
3 schools rated nearby
Location
Merlin, OR, 97532
Price history
8 events
DateEventPrice$/sqftSource
Sep 3, 2024Price Change$1,999,999$195Oregon Datashare
May 20, 2024Listed For Sale$2,200,000$215Oregon Datashare
Mar 22, 2024Pending Sale$2,200,000$215Oregon Datashare
Aug 1, 2023Listed For Sale$2,200,000$215Oregon Datashare
Mar 31, 2023Listing Removed$55,000$5Oregon Datashare
Feb 15, 2023Price Change$55,000$5Oregon Datashare
Jan 13, 2023Price Change$70,000$7Oregon Datashare
Dec 19, 2022Listed For Sale$79,000$8Oregon Datashare
Price Change$1,999,999
Sep 3, 2024•$195/sqft•Oregon Datashare
Listed For Sale$2,200,000
May 20, 2024•$215/sqft•Oregon Datashare
Pending Sale$2,200,000
Mar 22, 2024•$215/sqft•Oregon Datashare
Listed For Sale$2,200,000
Aug 1, 2023•$215/sqft•Oregon Datashare
Listing Removed$55,000
Mar 31, 2023•$5/sqft•Oregon Datashare
Price Change$55,000
Feb 15, 2023•$5/sqft•Oregon Datashare
Price Change$70,000
Jan 13, 2023•$7/sqft•Oregon Datashare
Listed For Sale$79,000
Dec 19, 2022•$8/sqft•Oregon Datashare
Tax history
6 years of records
YearTax paidAssessed value
Apr 7, 2019$453$57,990
Apr 7, 2018$453$56,310
Apr 7, 2017$447$54,670
Apr 7, 2016$147$22,620
Apr 7, 2015$147$24,120
Apr 7, 2014$144$22,900
Nearby homes
Neighborhood details
Local context around this listing
Merlin, OR • Josephine County
Nearby cities
Cave JunctionGrants PassKerbyMerlinO BrienSelmaWildervilleWilliams
Nearby zip codes
9740697532
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