387 Tavis Drive, Merlin, OR 97532

Merlin
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
387 Tavis Drive,Merlin, OR 97532
$1,850,000
  • - Beds
  • - Baths
  • 10,236 sq. ft.
  • Multi-family
  • Pending
Listed by: martin outdoor property group
Office: john l. scott medford
MLS#:220168856
Source:OR_SOMLS

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$180.73

About this home

16-unit rental portfolio on just over 8 acres of property. Consisting of 16 lots with 10 homes owned by the seller & the remaining 6 homes are tenant-owned renting the space. The property has a current gross rent of approximately $155,000 per year and with some further improvement, has the potential for increasing that to over $200,000/year! Each lot is independent & a new owner could sell off separate lots to create a gain or to tailor the investment to their liking. Located in the heart of Merlin the neighborhood has access to abundant natural beauty & recreation with the world famous Rogue River right nearby - an attraction that draws thousands of travelers each summer who flock to Merlin for rafting & fishing. The Grants Pass city center is just under 9 miles from Tavis Drive providing a variety of dining options, shopping, entertainment, & plentiful health care options.

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Home facts

  • Year built:1983
  • Subdivision & Development:N/A
  • Listing ID #:220168856
  • Added:1108 day(s) ago
  • Updated:August 08, 2026 at 09:30 AM

Rooms and interior

  • Living area:10,236 sq. ft.

Structure and exterior

  • Roof:Composition, Metal
  • Year built:1983
  • Building area:10,236 sq. ft.
  • Lot area:8.06 Acres
  • Levels:1 Story

Schools

  • High school:North Valley High
  • Middle school:Fleming Middle
  • Elementary school:Ft Vannoy Elem

Utilities

  • Water:Shared Well
  • Sewer:Capping Fill, Sand Filter, Septic Tank

Finances and disclosures

  • Price:$1,850,000
  • Price per sq. ft.:$180.73
  • Tax amount:$7,639 (2023)

Parking

  • Parking description:Detached, Driveway

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