1704 Fairview AVE, Grants Pass, OR 97526
1704 Fairview AVE, Grants Pass, OR 97526
1704 Fairview AVE, Grants Pass, OR 97526
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$800,000
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6,435 SqFt
New

1704 Fairview AVE Grants Pass, OR 97526

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Erika Stratton

Erika Stratton

+1(541) 280-8388

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,435 sqft

Price per Sqft $124

MLS Listing ID 220228417

Style Traditional

Year Built 1978

Annual Tax Amount $6,642

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 0.3

Property Sub-Type Multi Family

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.

Location

State OR

County Josephine

Interior

Interior Features Laminate Counters, Linen Closet, Shower/Tub Combo

Heating Ductless

Cooling Ductless

Window Features Aluminum Frames

Exterior

Parking Features Asphalt, Assigned, Detached Carport, Storage

Roof Type Composition

Building

Foundation Slab

Water Public

Architectural Style Traditional

Level or Stories Two

Structure Type Frame

New Construction No

Schools

High Schools Grants Pass High

Others

Senior Community No

Tax ID R309415

Security Features Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Oregon Datashare (MLSCO/SOMLS/KCAR)
Listed by Cascade Hasson Sotheby's International Realty

NEARBY SCHOOL & BUSINESS

Erika Stratton
Erika Stratton

Broker License ID: 201010078

+1(541) 280-8388 | erika@eliteoregonhomes.com

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