Listing provided courtesy of eXp Realty, LLC- MLS# 220217511
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3251 Rogue River HighwayGrants Pass, OR 97527
Multi-Family · 6,508 Sq. ft. | 8.03 Acres$1,825,000
Active
3251 Rogue River Highway Overview
- Time on Site:
- 102 days
- Visits:
- 0
Amazing investment opportunity featuring 12 units, including 7 individual cottages, 2 duplexes, and one 3-bedroom home, all set on 8 park-like acres. Currently generating over $13,000 in monthly rents with a strong 7% cap rate, this property offers immediate cash flow with additional upside potential through future rent increases and self-management. Tenants are consistently drawn to the unique layout of spread-out cottages nestled among mature trees, creating a private, community-style setting with beautifully maintained grounds. Many long-term tenants provide stability and consistent income. The property has seen numerous updates, including clean, well-maintained interiors full of charm, newer roofs, rain gutters, irrigation, a strong well, fenced yards, common areas, community laundry with coin-op machines, and ductless mini-split HVAC systems for efficient heating and cooling. This rare find combines rural tranquility with a robust, diversified revenue stream for the savvy investor
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3251 Rogue River Highway Facts & Features
- Type Multi-Family
- Sq. ft. 6,508
- Price/Sq.ft. $280
- Lot 8.03 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
Building Information
- New Construction: false
- Year Built: 1969
Location/Region
- County Or Parish: Josephine
- Subdivision Name: N/A
Tax Information
- Tax Annual Amount: 2535.96
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: R315483
- 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: 6508.0
General Information
- Common Walls: No Common Walls
- Flooring: Carpet,Laminate
- Foundation Details: Block,Pillar/Post/Pier
- Levels: One
Exterior
Parking Information
- Parking Features: Driveway
Lot Information
- Additional Parcels: false
- Lot Size Acres: 8.03
- Lot Size Area: 8.03
- Lot Size Square Feet: 349786.8
- Lot Size Units: Acres
- Water Source: Well
Building Exterior/Construction
- Architectural Style: Bungalow
- Attached Garage: false
- Construction Materials: Frame
- Roof: Composition
General Information
- Number Of Units Total: 12
- Sewer: Septic Tank
3251 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
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.3251 Rogue River Highway Monthly Cost
3251 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
3251 Rogue River Highway History
| Date | Value | Agent |
|---|---|---|
| 3/20/2026Source: Oregon Datashare | March 20, 2026 |