Active

$1,190,000

4600 Rogue River Hwy, Grants Pass, OR 97527

--beds

0baths

5,699sqft

Get pre-qualified

Multi Family

Built in 1936

-- sqft lot

$1,122,000 Zestimate^®

$209/sqft

$-- HOA

What's special

Sweeping mountain viewsLaundry room

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.

108 days

236

9

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Natural Gas, Wall Furnace

Cooling

Wall/Window Unit(s)

Features

Ceiling Fan(s), Linen Closet, Primary Downstairs
Flooring: Carpet, Tile, Vinyl
Windows: Double Pane Windows, Vinyl Frames
Has fireplace: No
Common walls with other units/homes: No One Below

Interior area

Total structure area: 5,699
Total interior livable area: 5,699 sqft

Property

Parking

Parking features: Asphalt, Driveway, Gravel, Parking Lot
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Deck
Has view: Yes
View description: Mountain(s), River, Territorial
Has water view: Yes
Water view: River

Lot

Size: 1.19 Acres
Features: Landscaped, Level, Sloped

Details

Parcel number: R315700
Zoning description: Rr1; Rural Res 1 Ac
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow
Property subtype: Multi Family

Materials

Frame
Foundation: Concrete Perimeter, Pillar/Post/Pier
Roof: Asphalt,Composition

Condition

New construction: No
Year built: 1936

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s)

HOA

Has HOA: No

Location

Region: Grants Pass

Financial & listing details

Price per square foot: $209/sqft
Tax assessed value: $1,064,730
Annual tax amount: $3,483
Date on market: 4/7/2026
Cumulative days on market: 108 days
Listing terms: Cash,Conventional
Inclusions: appliances
Exclusions: Tenant's personal property
Road surface type: Paved

Estimated market value

$1,122,000

$1.07M - $1.18M

$1,376/mo

Price history

Date	Event	Price
4/7/2026	Listed for sale	$1,190,000+10%$209/sqft
Source: Oregon Datashare #220218684 Report a problem
8/29/2023	Sold	$1,082,000-5.9%$190/sqft
Source: Oregon Datashare #220161599 Report a problem
7/19/2023	Pending sale	$1,150,000$202/sqft
Source: Oregon Datashare #220161599 Report a problem
6/15/2023	Price change	$1,150,000-4.2%$202/sqft
Source: Oregon Datashare #220161599 Report a problem
5/25/2023	Listed for sale	$1,199,900$211/sqft
Source: Oregon Datashare #220161599 Report a problem
5/14/2023	Pending sale	$1,199,900$211/sqft
Source: Oregon Datashare #220161599 Report a problem
4/4/2023	Listed for sale	$1,199,900+124.3%$211/sqft
Source: Oregon Datashare #220161599 Report a problem
2/10/2012	Sold	$535,000+94.5%$94/sqft
Source: Public Record Report a problem
1/25/2010	Sold	$275,000+8.9%$48/sqft
Source: Public Record Report a problem
5/17/2006	Sold	$252,500$44/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,373 +18.8%	$455,890 +3%
2023	$2,839 +2.1%	$442,620
2022	$2,781 -0.8%	$442,620 +6.1%
2021	$2,802	$417,220 +3%
2020	$2,802 +4.2%	$405,070 +3%
2019	$2,690	$393,280 +3%
2018	$2,690 +1.7%	$381,830 +3%
2017	$2,645 +18.2%	$370,710 +3%
2016	$2,238	$359,920 +3%
2015	$2,238 +6.3%	$349,440 +3%
2014	$2,105 +4%	$339,270 +3%
2013	$2,023 +2.7%	$329,390 +3%
2012	$1,970 +3.6%	$319,800 +3%
2011	$1,901 +2%	$310,490 +3%
2010	$1,863 +12.7%	$301,450 +9.9%
2009	$1,654 +0.8%	$274,360 +6.1%
2008	$1,640 +4.7%	$258,620 +3%
2007	$1,567 +2897.7%	$251,090 +2829.9%
2005	$52 -96.5%	$8,570 -96.3%
2004	$1,478 +2956.5%	$229,790 +2888.2%
2003	$48	$7,690 +0.1%
2002	$48 +9.3%	$7,680 -5.1%
2001	$44	$8,090

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.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 97527

Getting around

4 / 100

Car-Dependent

12 / 100

Minimal Transit

7 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Fruitdale Elementary School
Grades: K-5Distance: 3 mi
5/10
Lincoln Savage Middle School
Grades: 6-8Distance: 6.6 mi
6/10
Hidden Valley High School
Grades: 9-12Distance: 7.9 mi

Schools provided by the listing agent

Elementary: Fruitdale Elem
Middle: Lincoln Savage Middle
High: Hidden 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.