4550 Rogue River Highway, Grants Pass, OR 97527

$1,100,000

bedrooms

bathrooms

square feet

Acreage

1.29

Open Houses

year built

1920

Full Baths

Half Baths

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Exceptional 10-unit multifamily investment property on the Rogue River! Featuring charming cottage-style homes, many with private decks that enhance curb appeal and outdoor living. Mature trees throughout the property create a serene, park-like setting with beautiful natural surroundings. Several units offer scenic river views, making this a truly unique and desirable rental community. Fully occupied, with current under market rents of. $8,785/month produces close to a 7% Cap Rate. Potential market rents are estimated at $11,000/month and would produce an 8.5% cap rate. Each unit includes electric heat, separate electric meters, block foundation, and ample parking. The property has a well & septic system helping keep costs low. Bonus RV pad with hookup and a coin-op laundry area offers additional income potential. A dedicated caregiver maintains the grounds for ease of ownership. Expand your portfolio with a high-demand, income-generating property in an unbeatable location.

Location
Subdivision	N/A
County	Josephine
Elementary School	Check with District
Middle School	Check with District
High School	Check with District

Driving directions

Open houses

None scheduled.

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MLS number: 220200419

Listing agent: Sydney N Shapiro #201230390

Listing broker: Exp Realty, Llc (541) 292-4444

Last update: Friday, April 25 2025 at 10:56 p.m. EDT

Kotohomes National