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$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

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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. Listing content is copyright © 2018 SOMLS, Medford, Oregon. Last updated: