7015 Rogue River Highway Grants Pass, OR 97527

Multi-Family (2-4 Units) MLS #: 220176450 Listed By CENTURY 21 Harris & Taylor

$649,000

4 beds | 1,554 sq ft
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Estimated monthly payments: $2,837/mo.* (recalculate)
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Property InformationDescription

Beautiful park like 4.88 acre multi-family property with 3 remodeled residences and 1 MH Space that are currently leased. The rear half 2.5 acres are undeveloped. It may be possible to divide into 2 lots. Keep as rentals or live in them as a multi family arrangement, or both. Located 5 minutes to the City of Rogue River, 10 to Grants Pass and 30 to Medford. The property is level to slightly sloped with lots of open space, lawns, a small orchard with cherry, pear, apple trees and more. GPID provides gravity fed irrigation to underground sprinklers throughout the property. CAP rate of 5+ if managed yourself and rents due for raise. Current yearly NOI listed below. There is some further development potential if you combine with the ''5 Acre MH Park'' also for sale. see MLS #220176451..... Do not disturb tenants. #R-7204

Features

  • Lot Size: 4.87 Acres
  • Style: Other Style

MAP & DIRECTIONS

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7015 Rogue River Highway, Grants Pass, OR 97527
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School Information

7015 Rogue River Highway, Grants Pass, OR 97527

Elementary School
Grades KG-6 | Public School
ROGUE RIVER ELEMENTARY SCHOOL
Rogue River, OR 97537
300 Pine St
541.­582.3234
Distance: 2.2 mi
School Rating
B-
Student:Teacher Ratio
17:1
Total Students
425
Middle School
Grades 7-12 | Public School
ROGUE RIVER JR. / SR.HIGH SCHOOL
Rogue River, OR 97537
1898 E Evans Creek Rd
541.­582.3297
Distance: 3.2 mi
School Rating
C+
Student:Teacher Ratio
15:1
Total Students
338
High School
Grades 7-12 | Public School
ROGUE RIVER JR. / SR.HIGH SCHOOL
Rogue River, OR 97537
1898 E Evans Creek Rd
541.­582.3297
Distance: 3.2 mi
School Rating
C+
Student:Teacher Ratio
15:1
Total Students
338
Other Nearby Schools Distance Type Grades School Rating
Rivers Edge Academy Charter School 2.2 mi Public KG-12 B-
South Valley Academy 2.4 mi Public 3-12 F
Riverside Elementary School 4.8 mi Public KG-5 B-
New Bridge High School 5.0 mi Public 6-12
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Grants Pass, OR 97527

Median Age: 45.9
Married: 57%
Number of Households: 15,348
Households with Children: 29.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home