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Listing provided courtesy of Millen Property Group- MLS# 220218684MLS ProviderContact Information: 541-301-3435

4600 Rogue River HighwayGrants Pass, OR 97527

Multi-Family · 5,699 Sq. ft. | 1.19 Acres
$1,190,000 Active

4600 Rogue River Highway Overview

Time on Site:
84 days
Visits:
2

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.

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4600 Rogue River Highway Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,699
  • Price/Sq.ft. $209
  • Lot 1.19 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • Elementary School: Fruitdale Elem
  • Middle Or Junior School: Lincoln Savage Middle
  • High School: Hidden Valley High

Income/Expenses

  • Gross Income: 129664.0
  • Net Operating Income: 79989.0
  • Operating Expense: 49675.0

Building Information

  • New Construction: false
  • Year Built: 1936

Location/Region

  • County Or Parish: Josephine
  • Subdivision Name: N/A

Tax Information

  • Tax Annual Amount: 3483.19
  • Tax Year: 2025

General Information

  • Exclusions: Tenant's personal property
  • Inclusions: appliances
  • Listing Terms: Cash,Conventional
  • Parcel Number: R315700
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 5699.0

General Information

  • Common Walls: No One Below
  • Flooring: Carpet,Tile,Vinyl
  • Foundation Details: Concrete Perimeter,Pillar/Post/Pier
  • Interior Features: Ceiling Fan(s),Linen Closet,Primary Downstairs
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Window Features: Double Pane Windows,Vinyl Frames

Exterior

Parking Information

  • Parking Features: Asphalt,Driveway,Gravel,Parking Lot

Lot Information

  • Additional Parcels: false
  • Lot Features: Landscaped,Level,Sloped
  • Lot Size Acres: 1.19
  • Lot Size Area: 1.19
  • Lot Size Square Feet: 51836.4
  • Lot Size Units: Acres
  • Road Surface Type: Paved
  • Water Source: Well

Waterfront/View

  • View: Mountain(s),River,Territorial

Building Exterior/Construction

  • Architectural Style: Bungalow
  • Attached Garage: false
  • Construction Materials: Frame
  • Roof: Asphalt,Composition

General Information

  • Number Of Units Total: 9
  • Sewer: Septic Tank

4600 Rogue River Highway Neighborhood

Community

97527 (Grants Pass) Demographics

47
Median Age
156
Population Density (per sq. mile)
28%
College Educated
$49,744
Estimated Median Income
10,593
Estimated Total Home Owners
4,682
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4600 Rogue River Highway Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4600 Rogue River Highway Market Data

Based on the last 30 days in this zip code

$537,225
Average List Price
$259
Average Price per Square Foot
43
Properties Sold
103
Average Days on Market
269
Properties for Sale
Calculations provided by Reliance Network

4600 Rogue River Highway History

Date Event Value Agent
4/6/2026Source: Oregon Datashare Added to Database
April 06, 2026