4600 Rogue River Highway, Grants Pass, OR 97527
N/A · Josephine County
Key Facts
Description
Cash flow property! A rare 9-unit opportunity offering income stability. This one-of-a-kind investment features a 3-bedroom main home, ideal for owner occupancy or on-site management. The other units include six 1-bedroom cottages, one 2-bedroom, and a studio. In addition to the 9 permanent units, there are two spots for RV parking, a laundry room and 2 storage spaces that all provide revenue.The property currently generates an impressive annual income over $134,000, with a net profit over $80,000 annually, based on existing rents. Total monthly rental income is currently $11,175. Several units enjoy decks overlooking the iconic Rogue River, paired with sweeping mountain views, an amenity that enhances both tenant retention and rental appeal. A shared common area provides additional value for tenant enjoyment and community feel. Ideally located between Grants Pass and Medford, providing convenient access to regional amenities. Owner-financing is not available.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Structure Type
House
Year Built
1936
Living Area
5,699 sq ft
Lot Size
1.19 acres
Days on Market
51
MLS® Listing#
220218684
Property Features
Interior
Cooling
Heating
Flooring
Parking
Patio
Lot Features
Construction
Foundation
Roof
Windows
Security
Sewer
Water Source
Schools
- Elementary:
- Fruitdale Elem
- Middle:
- Lincoln Savage Middle
- High:
- Hidden Valley High
Financial Details
HOA
None
Annual Taxes
$3,483
Tax year 2025
Parcel Number
R315700
Affordability Calculator
$238,000
Estimated monthly payment
$6,334/mo
Principal $952,000 · Est. interest $1,328,125 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grants Pass, OR
- $508,571
- Median Listing Price
- 80
- Median Days on Market
- 1,918
- Median Sq Ft
- $259
- Median Price / Sq Ft
- 436
- Active Listings
- This home’s price is 134% above the area median.
- Its price per sq ft is 19% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grants Pass, OR.
Location
Points of Interest in Grants Pass, OR
Showing the Grants Pass area map.
Nearby Schools
Gladiola Campus
School · 2.2 mi away
Grants Pass High School
Secondary · 2.2 mi away
Riverside Elementary School
Elementary · 2.4 mi away
Southern Oregon Head Start
School · 2.4 mi away
Newbridge High School
Secondary · 2.6 mi away
The Playground Early Learning Center
School · 2.9 mi away
Fruitdale Elementary School
Elementary · 3.0 mi away
Little Scholars Preschool and Enrichment Center
School · 3.4 mi away
St Anne Catholic School
Elementary · 3.6 mi away
Inn Sight Alternative Edctn
School · 3.6 mi away
Lincoln Elementary School
Elementary · 3.7 mi away
Grants Pass High School
Secondary · 3.8 mi away
Grants Pass Public Schools
School · 3.8 mi away
Grants Pass School District 7
School · 3.8 mi away
Brighton Academy
School · 4.0 mi away
South Middle School
Secondary · 4.2 mi away
Christian Life School
School · 4.2 mi away
Rivers Edge Academy Charter School
Elementary · 4.2 mi away
Rogue River School District 35
Secondary · 4.3 mi away
Rogue River Elementary School
Elementary · 4.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2226 SE Linden Lane, Grants Pass, OR | $835,000 | 5 | 3 | 3,794 |
| 2357 Robertson Crest, Grants Pass, OR | $840,000 | 3 | 2 | 2,518 |
| 2315 Robertson Crest, Grants Pass, OR | $840,000 | 3 | 3 | 2,479 |
| 1021 NW Starlite Place, Grants Pass, OR | $840,000 | 4 | 3 | 2,409 |
| 856 Greentree Loop, Grants Pass, OR | $848,800 | 3 | 3 | 3,344 |
| 103 Eden Drive, Grants Pass, OR | $849,000 | 3 | 3 | 3,246 |
Moving Cost Estimate
EXIT Agents in Grants Pass
Listing Courtesy: Millen Property Group - 541-301-3435
Last Updated: 2026-04-06