Listed by: Kenny Taylor · Millen Property Group
- — beds
- 0 baths
- — sqft
4600 Rogue River Highway, Grants Pass, OR 97527
- Multi FamilyHome type
- Built in 1936Year built
- 1.19 acresLot
- NoneHOA
About this home
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.
Facts & features
Interior
- Bathrooms
- 0
- Levels
- One
Features
- Ceiling Fan(s)
- Linen Closet
- Primary Downstairs
Heating & cooling
- Natural Gas
- Wall Furnace
- Wall/Window Unit(s)
Flooring
- Carpet
- Tile
- Vinyl
Property
- Lot size
- 1.19 acres
- Subdivision
- N/A
View
- Mountain(s)
- River
- Territorial
Parking
- Asphalt
- Driveway
- Gravel
- Parking Lot
Construction
- Home type
- Multi Family
- Property type
- Residential Income
- Year built
- 1936
Materials
- Frame
- Asphalt roof
- Composition roof
Utilities
Sewer & water
- Septic Tank
- Well water
Community & HOA
- Subdivision
- N/A
- HOA dues
- None
- County
- Josephine
Financial & listing details
- List price
- $1,190,000
- Annual property tax
- $3,483
- Date on market
- Apr 7, 2026
- Days on market
- 178
- MLS#
- 220218684
Price & status history
| Date | Event | Price |
|---|---|---|
| Apr 7, 2026 | Listed for sale | $1,190,000 |
Neighborhood
- SubdivisionN/A
- CityGrants Pass, OR 97527
- CountyJosephine
Payment calculator
Estimated monthly payment
$6,555/mo
- Principal & interest$6,017
- Property taxes$290
- Homeowners insurance$248
- HOA dues$0
Loan amount $952,000 · 30-year fixed at 6.5%
An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.
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Listing provided by Millen Property Group · Listing agent: Kenny Taylor
- Source
- MLS of Central Oregon
- MLS#
- 220218684
- Last updated
- May 27, 2026 at 6:58 AM
Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.