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$420,500
220218990 MLS
This versatile property presents a rare dual-income investment opportunity with two well-maintained residences on one lot. The primary 1,056-square-foot 1945 cottage features two bedrooms, a full bath, and vintage character showcased through formal dining built-ins, a cozy kitchen nook, and an expansive laundry porch. Modern updates like a newer roof and white vinyl windows offer peace of mind, complemented by a private patio and detached garage. Tucked quietly on the alley, the second 1978 residence includes two bedrooms, one bath, a walk-in pantry, laundry hookups, and fresh carpets. This unit features its own carport, private patio, and a yard with efficient irrigation. Both homes show beautifully and are currently occupied by stable tenants, providing immediate cash flow for the new owner. Priced for a quick, clean sale, this solid investment package is a turnkey addition to any portfolio--hurry, as a high-performing property like this won't last long!

306 Vancouver Avenue, Medford

Listing courtesy of eXp Realty, LLC.

$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

Listing courtesy of Millen Property Group.

$405,000
220218682 MLS
Investor opportunity with owner-financing potential! This spacious two-bedroom ground-floor unit comes with four separate studios on the second floor, plus a large garage. While the property requires some renovations, it currently generates an impressive annual income of $48,900, with a net profit over $38,000 annually, based on existing rents and condition. Enjoy the benefits of 100% occupancy and low turnover rates. Current rents are $1470, $675, $660, $650 and $620. Seize this unique chance to own five rental units in one property! This property is non-conforming and will likely not qualify for traditional financing, but there is potential for owner financing (6.5% amortized over 40 years with balloon payments). Sold as-is.

429 N Holly Street, Medford

Listing courtesy of Millen Property Group.

$539,000
220218312 MLS
Versatile 2.71-acre gated property offering multigenerational living and income potential. The park-like setting features mature trees, sprinkler irrigation, privacy, and multiple living spaces. The main home includes 2 bedrooms, 1 bathroom, a spacious great room with floor-to-ceiling rock wall hearth and wood stove, vaulted ceilings with skylights, a cook's kitchen, and a tiled shower. Enjoy the peaceful setting from the covered porch. Property also includes an attached 2-car garage and shop. Additional improvements include a chalet/tiny home, a one-room cabin/studio, and an RV parking space with water and electricity. There are two septic systems with a shared leach field. Historical rental income totals $4,767 per month. Ideal for multigenerational living, owner-occupant with rental income, or investment opportunity. Buyer to verify all aspects of the property to their own satisfaction.

3504 Azalea Drive, Grants Pass

Listing courtesy of eXp Realty, LLC.

$450,000
220217893 MLS
Beautifully updated income and multi-use property on 1.84 acres! Featuring two fully renovated 3 bed, 1 bath units (each 1,260 sq ft), both updated within the last 4 years with smart thermostats, updated heating and air system, flooring, interior paint, thermostats, updated huge bathrooms with double vanity, new toilet and updated plumbing fixtures. Exterior improvements include vinyl windows, roof replaced in 2016, and updated gutters, fresh exterior paint, new well house and fencing for the ground level unit. Property also offers two additional 1,260 sq ft storage areas--ideal for expansion, development, or ample storage. The property is fenced with a fenced area for gardening or dog run area and ample parking. Plenty of room and potential for investment, multi-generational living, or future growth! Property has an estimated cap rate of 6.25%. Income and expenses are available upon request. Call to see this money maker today!

3361 Camp Joy Road, Grants Pass

Listing courtesy of RE/MAX Integrity Grants Pass.

$1,195,000
220217857 MLS
This well-maintained 7-unit property consists of 3 duplexes and a single-family home situated on 2 separate tax lots, offering flexibility and potential for future expansion or resale. Several units have been updated with new kitchens and flooring, while others remain in solid, original condition--providing potential for future value-add improvements. Recent upgrades include repiping of the main plumbing line, fresh exterior paint, and a newly added laundry room for tenant convenience. Each unit includes designated parking and a storage shed, with a shared gravel driveway. Surrounded by mature trees and well-manicured landscaping, the property demonstrates a high standard of upkeep. Currently fully occupied with solid rental history and stable tenants, this property delivers room for increased returns through future unit updates or rent adjustments. A low-maintenance, high-performing asset perfect for a buyer looking for immediate cash flow and long-term upside.

307 Tussey Lane, Grants Pass

Listing courtesy of eXp Realty, LLC.

$855,000
220217221 MLS
Prime Investment & Development Opportunity in Ashland. Well-maintained duplex located close to downtown offering immediate cash flow and long-term upside potential. Both units are rented at $1,450 per month ($2,900 total), with tenants paying all utilities, keeping operating expenses low. Property has an excellent rental history and is professionally managed. Capital improvements include newer roof, vinyl windows, stainless appliances, gas log fireplace (rear unit), new water heater and additional updates. Situated on a large approx. 0.27-acre R-3 high-density zoned lot, creating exceptional future redevelopment potential. The City of Ashland Planning Department indicates a 5.4 base density factor with potential for up to 20 units. (buyer due diligence required). For development details contact Aaron Anderson or Nick Schubert at City of Ashland Planning Department.

128 S Mountain Avenue, Ashland

Listing courtesy of RE/MAX Integrity.

$410,000
220214848 MLS
Inspections, Done! Repairs, Done! BACK ACTIVE at no fault of the property. Charming duplex in Rogue River, offering a strong investment opportunity. Generate income by renting both units, or occupy one side and lease the other to tenants of your choice. Two separate 2-bed, 1.5-bath units, each with washer/dryer hookups Unit A: Leased at $1450 per month; carport; new laminate flooring, fresh interior paint, and new carpet on stairs Unit B: VACANT (rents for $1600), larger layout with additional room/office off the living room; recently painted, new carpet and blinds; one-car garage with workbench and automatic door; fenced backyard; currently vacant New sewer line installed in 2021 Small, low-maintenance lot Seller is a licensed Oregon real estate agent

210 W Main Street, Rogue River

Listing courtesy of Windermere Real Estate Southern Oregon.

$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

Listing courtesy of Merit Commercial RE, LLC.

$395,000
220207679 MLS
INVESTORS, TAKE NOTICE! Potential assumable loan opportunity! This fully rented triplex in the heart of Medford offers immediate cash flow with $3,550 in monthly gross rental income. Featuring 2,124 sq ft of total living space on a 0.14-acre lot, this income-producing property includes three leased units, a shared fenced backyard, and off-street parking. Unit 1 is a 1-bedroom, 1-bath renting for $950/month with garbage, sewer, and water included. Unit 2 is a 2-bedroom, 1-bath renting for $1,200/month. Unit 3 is a 2-bedroom, 1-bath renting for $1,400/month with garbage, sewer, and water included. Originally built in 1910,this property blends classic character with established rental income and strong investment potential. Fully occupied and generating income from day one, this is an excellent opportunity to expand your portfolio or step into multifamily investing. Conveniently located near shopping, dining, and everyday amenities, adding even more appeal for current and future tenants.

214 N Peach Street, Medford

Listing courtesy of eXp Realty, LLC.

$409,900
220195703 MLS
This unique property features two separate bungalow-style homes on one lot, each with private entrances and no shared walls—ideal for families or investors. Both homes have been fully remodeled with fresh paint, new flooring, and updated kitchens with modern countertops and cabinets. The first unit is 640 sq. ft., 2 bed/1 bath, currently rented at $1,200/month with a lease through 1/31/2025. The second unit is 744 sq. ft. and rented at $1,295/month. Recent updates include tree pruning to meet insurance requirements, new weed control, and fresh bark in the front yard. Conveniently located near schools, transit, medical care, and shopping, this property offers flexibility and income potential. A fantastic opportunity for a homeowner seeking rental income or an investor looking for steady returns!

502 Benson Street, Medford

Listing courtesy of Real Broker.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Display (IDX) of the Southern Oregon Multiple Listing Service. Real estate listings held by brokerage firms other than our company are marked with the IDX logo and detailed information about them includes the name of the listing brokers. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information subject to change and should be independently verified. Last updated: