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1086 Rainwood Lane, Grants Pass
$495,000
220229214 MLS
Prime investment opportunity or multi-generational layout at 1086 Rainwood Lane in Grants Pass's desirable Redwood neighborhood. Nestled on a quiet street near top-rated schools, medical centers, and dining, this well-maintained two-story duplex offers 3 bedrooms and 2 full baths per unit. Each unit is exceptionally clean, bright, and spacious, featuring thoughtful design touches throughout. Living spaces flow effortlessly on the main floor, while the layout provides two private bedrooms tucked upstairs for quiet rest. Everyday convenience is built right in, as each unit boasts its own attached one-car garage and a fully fenced private backyard--ideal for outdoor relaxing, gardening, or pets. Located in a strong rental market with high demand for quality multi-family units in Grants Pass, this property delivers strong income potential whether leased entirely or used as a owner-occupied residence. Clean, functional, and situated in a serene neighborhood setting.

1086 Rainwood Lane, Grants Pass

Courtesy of Cascade Hasson Sotheby's International Realty

Grants Pass
$469,000
220228505 MLS
Very unique multi-family or investment property. 1.76 acres with two fully legal residences with separate addresses, plus an ADU all on one tax lot. The 1962 ranch house is 1578 Sq. ft., split floor plan with 3 bedrooms, 2 bathrooms, on a concrete slab floor. Oil stove for heat and a woodstove. Roof was replaced in 2002. The house and the ADU share the septic and a 20 GPM well (per well log). The ADU was built in 1999, is 640 sq. ft. per the seller. The ADU has a full kitchen, bathroom, and separate laundry in the garage. Oil stove for heat and wall AC. Across the field is the second residence, a 2 bedroom, 2 bathroom 1971 Manufactured home with it's own driveway, separate 20 GPM well (per well log), septic system, and garage. Fenced perimeter and cross fenced. Possible Owner Carry Terms. 24 hour notice is required and Listing agent must be present for all showings. Please do not disturb tenants.

Grants Pass

Courtesy of Kendon Leet Real Estate Inc

3036 University Road 3036-3038 Unit 3036-3038, Grants Pass
$449,900
220228392 MLS
Enjoy comfort, convenience, and opportunity in Horizon Village, a desirable 55+ duplex community in Grants Pass where units tend to sell quickly. Whether you are a savvy investor or an owner-occupant dreaming of living in one unit while renting out the other, this property offers flexibility and built-in appeal. One unit is currently occupied by a long-term tenant, providing rental income from day one. Each side features a welcoming one-bedroom layout with generous closet space, vaulted ceilings, skylights, an open floor plan, cozy gas fireplace, washer and dryer, access to the back deck from the bedroom, wheelchair accessibility, and an attached one-car garage. HOA dues are only $350 per month for both units and include landscaping, water, and clubhouse access, making day-to-day living easy to enjoy. Close to shopping, medical services, and everyday amenities, this duplex blends low-maintenance living with strong investment potential.

3036 University Road 3036-3038 Unit 3036-3038, Grants Pass

Courtesy of RE/MAX Integrity

1704 NE Fairview Avenue, Grants Pass
$780,000
220228417 MLS
An ideal income-producing asset, 1703 NE Fairview Lane in Grants Pass presents a steady, turn-key investment with a strong financial foundation. This 6-plex features desirable 2-bedroom, 1-bathroom units complete with covered parking, making it consistently attractive to quality long-term tenants. Currently operating at a solid 6.9% cap rate, the property delivers immediate, dependable cash flow from day one. Its exceptional track record of being 100% occupied for years highlights steady tenant demand, driven by an unbeatable location steps away from local shopping centers, dining, and regional medical facilities. While current rents sit near market averages, an investor has a clear runway for modest upside. Updates include mini splits in 2025, fresh exterior paint in 2026, and newer roofing. Perfect for an investor seeking a reliable, low-vacancy multi-family asset with upside potential.

1704 NE Fairview Avenue, Grants Pass

Courtesy of Cascade Hasson Sotheby's International Realty

1313 SW Kokanee Lane 1313 and 1315 Unit 1313 and 1315, Grants Pass
$400,000
220228307 MLS
Opportunity to own a duplex offering flexibility for both investors and owner-occupants. Both units feature similar layouts and finishes with bright kitchens, white cabinetry, spacious living areas, indoor laundry, vinyl-framed windows, attached garages, driveway parking, and private fenced backyard spaces with patios. Sliding glass doors provide easy access to the outdoor areas, with established trees and room for gardening, pets, or relaxing outside. The roof was replaced in 2016, adding another valuable update to the property. One unit is currently scheduled to be vacant November 1, providing an opportunity for an owner-occupant or for a buyer to place a new tenant, while the second unit is currently tenant occupied. A versatile property with separate living spaces, garages, parking, and private outdoor areas. Attic features approximately 24 in of blown-in fiberglass insulation. Seller financing offered at 4% interest for up to 10 years with large down payment.

1313 SW Kokanee Lane 1313 and 1315 Unit 1313 and 1315, Grants Pass

Courtesy of eXp Realty, LLC

1134 SW Greenwood Avenue, Grants Pass
$648,000
220225090 MLS
EXCEPTIONAL BUYER INCENTIVE!! Seller contributing 20k towards buyers closing costs Brand-new duplex offering the perfect blend of quality craftsmanship, modern design, and investment potential. Each thoughtfully designed unit features approximately 1,326 sq. ft. of living space with an open-concept floor plan, 9-foot ceilings, luxury vinyl plank flooring, and abundant natural light. The stylish kitchens showcase beautiful cabinetry, granite countertops, generous storage, and quality finishes throughout. Upstairs, both spacious bedrooms are private primary suites, each with its own en-suite bathroom, while a convenient half bath is located on the main level for guests. Tucked back off the street in a quiet neighborhood, this property offers privacy while remaining just minutes from shopping, dining, schools, medical facilities, and everyday amenities. Whether you're expanding your investment portfolio or looking to owner-occupy, this newly constructed duplex is an exceptional opportunit

1134 SW Greenwood Avenue, Grants Pass

Courtesy of RE/MAX Integrity Grants Pass

228 W River Street, Cave Junction
$175,000
220224809 MLS
Investment opportunity in prime location. Discover the potential in this duplex property situated on a spacious .32 acre level lot with a large open yard offering ample outdoor space. With a total of 1248 square feet, this duplex features two separate 2 bedroom, 1 bath units, each with its own unique advantages. Ideal for investors looking to expand their portfolio. The first unit offers approximately 624 sq ft of living space and includes a cozy enclosed back porch providing additional storage or relaxation space. The second unit, also approximately 624 sq ft features an enclosed carport with washer and dryer hookups, adding convenience and increased rental appeal. Both units have long-term tenants, presenting an immediate income stream. While the property would benefit from updating, it holds strong potential for value-add improvements and increased returns. Located close to local amenities and positioned in a desirable rental area.

228 W River Street, Cave Junction

Courtesy of Illinois Valley Real Estate

740 SW Kinsington Court Court 740 741 744 745 Unit 740 741 744 745, Grants Pass
$1,100,000
220224387 MLS
Investment Opportunity - 4-Unit Condo Portfolio in Desirable Kensington Court HOA Exceptional investment opportunity featuring four condominium units in the highly sought-after Kensington Court HOA, a beautifully maintained 55+ community. This well-kept property offers immediate income potential with three units currently leased to long-term tenants and one vacant unit ready for a new tenant or owner-occupant. Known for its strong rental demand and stable resident base, Kensington Court provides an attractive opportunity for investors seeking consistent cash flow and low vacancy. The community is meticulously maintained, enhancing long-term value and tenant appeal. Don't miss this chance to add a quality, income-producing property to your investment portfolio.

740 SW Kinsington Court Court 740 741 744 745 Unit 740 741 744 745, Grants Pass

Courtesy of eXp Realty, LLC

4600 Rogue River Highway, Grants Pass
$1,190,000
220218684 MLS
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.

4600 Rogue River Highway, Grants Pass

Courtesy of Millen Property Group

1260 Plummer Avenue, Grants Pass
$749,000
220212913 MLS
Exclusively presented for sale - a rare land assemblage site of 5 adjacent but separate parcels, a first-to-market opportunity in a beautiful sub-market of Grants Pass, Oregon. The Portfolio represents optionality, with a package of 5 standalone homes (mix of SFR/manuf.) across just under 1 acre in a peaceful, quaint setting ~650' to the Rogue River. Ideally positioned for a cohesive ground-up project of either higher density duplexes, higher-end single family, or simply a remodel of the existing assets, the Portfolio provides the rarely seen combination of attainable size and multiple exit options. 4 of 5 homes are currently leased to longer-term tenants, allowing income during the planning and design phase. 1260 Plummer has recent remodels and could provide immediate upside to a buyer. CFEC and HB2001 regulations could allow for higher density development with minimal or no parking reqs - buyer to complete all due diligence. Contact listing brokers today for more info!

1260 Plummer Avenue, Grants Pass

Courtesy of Merit Commercial RE, LLC

387 Tavis Drive, Merlin
$1,850,000
220168856 MLS
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.

387 Tavis Drive, Merlin

Courtesy of John L. Scott Medford

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