1704 NE Fairview Avenue, Grants Pass, OR 97526
- $800,000
Listing courtesy of Cascade Hasson Sotheby's International Realty.
- List Price
- $800,000
- MLS#
- 220228417
- Status
- ACTIVE
- City
- Grants Pass
- County
- Josephine
- Year Built
- 1978
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.
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Additional Information
- Taxes
- $6,642
- Acres
- 0.30
- Water
- Public
- Heating
- Ductless
- Foundation
- Slab
- Flooring
- Carpet, Laminate, Vinyl
- Elementary School
- Lincoln Elem
- Middle School
- North Middle
- High School
- Grants Pass High
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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: