3251 Rogue River Highway, Grants Pass, OR 97527

Grants Pass
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
3251 Rogue River Highway,Grants Pass, OR 97527
$1,825,000
  • - Beds
  • - Baths
  • 6,508 sq. ft.
  • Multi-family
  • Active
Listed by: rockwell group, jacob rockwell
Office: exp realty, llc.
MLS#:220217511
Source:OR_SOMLS

Price summary

  • Price:$1,825,000
  • Price per sq. ft.:$280.42

About this home

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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Home facts

  • Year built:1969
  • Listing ID #:220217511
  • Added:56 day(s) ago
  • Updated:May 16, 2026 at 02:38 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:6,508 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Electric, Heat Pump

Structure and exterior

  • Roof:Composition
  • Year built:1969
  • Building area:6,508 sq. ft.
  • Lot area:8.03 Acres
  • Construction Materials:Frame
  • Foundation Description:Block, Pillar/Post/Pier
  • Levels:1 Story

Schools

  • High school:Hidden Valley High
  • Middle school:Lincoln Savage Middle
  • Elementary school:Fruitdale Elem

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,825,000
  • Price per sq. ft.:$280.42
  • Tax amount:$2,536 (2025)

Parking

  • Parking description:Driveway

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