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$1,190,000

0 Beds 0 Baths 5,699 SQFT 1.19 Acres

Type: Multi-Family

4600 Rogue River Highway
Grants Pass, OR 97527

MLS#: 220218684

June Norbom

Premiere Property Group

Broker

Phone: 503.341.5265

Office: 503.908.1694

Visit Website

Presented by: Millen Property Group

Property Description

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.

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes

Basement (Y/N)No

Common WallsNo One Below

FlooringCarpet, Tile, Vinyl

Heating Y/NYes

Heating-Natural GasTrue

Heating-Wall FurnaceTrue

Interior AmenitiesCeiling Fan(s), Linen Closet, Primary Downstairs

Window FeaturesDouble Pane Windows, Vinyl Frames

General

Additional Parcels Y/NNo

Architectural StyleBungalow

Attached Garage No

AttributionContact541-301-3435

CCR Y/NNo

Carport Y/NNo

CityGrants Pass

Construction MaterialsFrame

CoolingWall/Window Unit(s)

CountyJosephine

Elementary SchoolFruitdale Elem

ExclusionsTenant's personal property

Gross Income129664.0

HOANo

HeatingNatural Gas, Wall Furnace

High SchoolHidden Valley High

Home Warranty Y/NNo

Land Lease Y/NNo

Lease Considered Y/NNo

Lease Renewal Y/NNo

LevelsOne

Lot Size Square Feet51,836 sqft

Lot Size UnitsAcres

Middle/Junior High SchoolLincoln Savage Middle

MobileHomeRemainsYNNo

Net Operating Income79989.0

New ConstructionNo

Number Of Units Total9

Operating Expense49675.0

Parcel Number0

Patio/Porch FeaturesDeck

Property SubtypeMulti Family

Property TypeResidential Income

Rent Control Y/NNo

RoofAsphalt, Composition

Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)

Senior CommunityNone

SewerSeptic Tank

Sewer_co_Septic_sp_TankTrue

Short Term Rental Permit Y/NNo

Short Term Rentals PermittedN

Standard StatusActive

StatusActive

Structure TypeHouse

Subdivision NameN/A

Tax Annual Amount$3,483

Tax Year2025

Utilities@Core.PermissionsNone

Utilities_co_Cable_sp_AvailableTrue

ViewMountain(s), River, Territorial

Water Body Access Y/NNone

Year Built1936

Zoning DescriptionRr1; Rural Res 1 Ac

Exterior

Building Area Total5,699 sqft

Foundation DetailsConcrete Perimeter, Pillar/Post/Pier

Inclusionsappliances

Lot FeaturesLandscaped, Level, Sloped

Lot Size Acres1.19

Lot Size Area1 sqft

Parking FeaturesAsphalt, Driveway, Gravel, Parking Lot

Road Surface TypePaved

SpaNo

Water SourceWell

Additional Details

Price History

Schools

Elementary School Fruitdale Elem

High School Hidden Valley High

Middle School Lincoln Savage Middle

Similar Properties

$1,190,000

0 Beds 0 Baths 5,699 SQFT 1.19 Acres

Type: Multi-Family

4600 Rogue River Highway
Grants Pass, OR 97527

MLS#: 220218684

June Norbom

Premiere Property Group

Broker

Phone: 503.341.5265

Office: 503.908.1694

Visit Website

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Property

$1,190,000

4600 Rogue River HighwayGrants Pass, OR 97527

Property Description

Interior Features

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$1,190,000

4600 Rogue River HighwayGrants Pass, OR 97527

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4600 Rogue River Highway
Grants Pass, OR 97527

4600 Rogue River Highway
Grants Pass, OR 97527