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Grants Pass, OR, 97527 • 97527 • Josephine County
$209/sqft
5,699Sqft
1.2 acLot
1936Built
Waterfront Property
Direct water access
Scenic Views
Mountain(s) · River · Territorial
Bungalow Style
Built 1936 · 90 years of history
Enhanced Security
Carbon Monoxide Detector(s) · Smoke Detector(s)
Outdoor Living
Deck
Tile Floors
Quality flooring throughout
Just Listed
Listed Apr 7, 2026
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$209/sqft
Price per square foot
Multi Family · Built 1936 · Historic
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.
Standout features identified
Our analysis highlights sweeping mountain views and laundry room as key attractions of this home.
Based on current rates
Est. 6.31% rate · 30yr fixed · $952,000 loan
Full calculator →Key facts and listing details
11 categories of property features
Market data and value estimates
3 schools rated nearby
Grants Pass, OR, 97527
10 events
23 years of records
Local context around this listing
Grants Pass, OR • Josephine County
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