BEDS0
BATHS
SQUARE FEET6,435
MLS#220228417
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless
Heating: Ductless
Home Style: Traditional
Lot Size: 0.30 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $6,642
Year Built: 1978
Feature Descriptions
Exterior: Frame
Sewer: Public Sewer
Units: 6
Local Schools
High School: Grants Pass
Middle School: North
Elementary School: Lincoln
Listed By / Shown By
Listed By
Agency Name: Cascade Hasson Sotheby's International Realty
Shown By
Agent Name: McKenzie Smith
Agent Phone: (541) 892-8329
Agency Title: Fisher-Nicholson Realty LLC
Estimate Your Payment
Estimated Payment
$ 5,098.63 per month $4,311.80 Principal & Interest $553.50 Property Tax $233.33 Homeowner's Insurance
1704 NE Fairview Avenue | MLS# 220228417
This multi-family property located at 1704 NE Fairview Avenue, Grants Pass, OR 97526 is currently listed for sale with an asking price of $800,000. Search Grants Pass real estate on mckenziesmith.fnrhomes.com today.