1704 NE Fairview Avenue, Grants Pass, OR 97526
- $800,000
- List Price
- $800,000
- Days on Market
- 1
- MLS#
- 220228417
- Acres
- 0.30
- Lot Size
- 13,068
- Year Built
- 1978
- subdivision
- N/A
Property Description
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.
/u.realgeeks.media/southernoregonhomebuying/Final_LogoR.png)
Additional Information
- Style
- Traditional
- Stories
- Two
- Foundation
- Slab
- Roof
- Composition
- Flooring
- Carpet, Laminate, Vinyl
- Interior Features
- Laminate Counters, Linen Closet, Shower/Tub Combo
- Appliances
- Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Range Hood, Washer, Water Heater
- Cooling
- Ductless
- Heating
- Ductless
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Lincoln Elem
- Middle School
- North Middle
- High School
- Grants Pass High
- Taxes
- $6,642
- Zoning
- R-4
Mortgage Calculator
Listing courtesy of Cascade Hasson Sotheby's International Realty.
The content relating to real estate for sale on this website comes in part form the MLS of Central Oregon. Real Estate listings held by Brokerages other than Real Estate Company are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO). This content was last updated on . Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All content displayed on this website is restricted to personal, non-commercial use, and only for ascertaining information regarding real property for sale. The consumer will not copy, retransmit not redistribute any of the content from this website. The consumer is reminded that all listing content provided by automatic transmission by MLSCO is © MLS of Central Oregon (MLSCO).