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Pending
    • Price cut: $150K (5/29)
    $1,850,000

    387 Tavis Dr, Merlin, OR 97532

    --beds
    0baths
    10,236sqft
    : 
    $11,867/mo
    Get pre-qualified
    Multi Family, Manufactured Home
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $181/sqft
    $-- HOA

    What's special

    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.
    1000 days
    |
    71
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John L. Scott Medford Alex@MartinOutdoorProperties.com

    Source: Oregon Datashare,MLS#: 220168856MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Other
      Cooling
      • Other
      Features
      • Flooring: Other
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 10,236
      • Total interior livable area: 10,236 sqft

      Property

      Parking
      • Parking features: Detached, Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 8.06 Acres
      Details
      • Additional parcels included: 16 total lots (see attached docs)
      • Parcel number: R303680
      • Zoning description: CR-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Multi Family, Manufactured Home
      Materials
      • Foundation: Other
      • Roof: Composition,Metal
      Condition
      • New construction: No
      • Year built: 1983

      Utilities & green energy

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

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Merlin

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $121,870
      • Annual tax amount: $7,638
      • Date on market: 5/29/2026
      • Cumulative days on market: 1001 days
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,458/mo

        Price history

        DateEventPrice
        8/5/2026Pending sale$1,850,000$181/sqft
        Source: Oregon Datashare #220168856 Report a problem
        5/29/2026Price change$1,850,000-7.5%$181/sqft
        Source: Oregon Datashare #220168856 Report a problem
        4/14/2026Pending sale$1,999,999$195/sqft
        Source: Oregon Datashare #220168856 Report a problem
        9/3/2024Price change$1,999,999-9.1%$195/sqft
        Source: Oregon Datashare #220168856 Report a problem
        5/20/2024Listed for sale$2,200,000$215/sqft
        Source: Oregon Datashare #220168856 Report a problem
        3/22/2024Pending sale$2,200,000$215/sqft
        Source: Oregon Datashare #220168856 Report a problem
        8/1/2023Listed for sale$2,200,000+3900%$215/sqft
        Source: Oregon Datashare #220168856 Report a problem
        3/31/2023Listing removed$55,000$5/sqft
        Source: Oregon Datashare #220157410 Report a problem
        2/15/2023Price change$55,000-21.4%$5/sqft
        Source: Oregon Datashare #220157410 Report a problem
        1/13/2023Price change$70,000-11.4%$7/sqft
        Source: Oregon Datashare #220157410 Report a problem
        12/19/2022Listed for sale$79,000$8/sqft
        Source: Oregon Datashare #220157410 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2019$453 $57,990 +3%
        2018$453 +1.5%$56,310 +3%
        2017$447 +204.8%$54,670 +141.7%
        2016$147 $22,620 -6.2%
        2015$147 +2%$24,120 +5.3%
        2014$144 $22,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 97532

        Getting around

        11 / 100
        Car-Dependent
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ft Vannoy Elem
        • Middle: Fleming Middle
        • High: North Valley High

        Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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