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387 Tavis Drive, Merlin, OR 97532
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$1,999,999
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Home Details for 387 Tavis Drive
Price
$1,999,999
Type
Multi Family
Year Build
1983
Lot Size
8.06
County
Josephine
Tax
$7,638.89
MLS®️ Listing#
220168856
On exitrealty.com
278 days
Property Description
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.
- Water Features
- Shared Well
- Other
- Parking
- Detached
- Driveway
- Cooling Information
- Other
- Heating Information
- Other
School Information
School Information for 387 Tavis Drive
Elementary School
Ft Vannoy Elem
Middle School
Fleming Middle
High School
North Valley High
Listing Courtesy: John L. Scott Medford - Alex@MartinOutdoorProperties.com
Copyright ©2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than EXIT Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed.Last Updated: 2025-11-05 02:45:34
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