Active

387 Tavis Drive

Merlin OR, 97532

$1,999,999


$195.39 per sqft

Active

10,236 sqft

Multi-family

Built in 1983

Courtesy of LandLeader, Martin Outdoor Property Group

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 potential for gross income of 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.

220168856

MLS ID

December 12, 2024

Updated

Map

387 Tavis Drive
Merlin OR, 97532

Interior Features

Total Stories

1


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

8.06 Acres


Architectual Style

Other


Roof

Composition, Metal


Sewer

Capping Fill, Other, Sand Filter, Septic Tank

School Information

School District

Square Feet


High School

North Valley High


Elementary School

Ft Vannoy Elem

Other Property Details

Taxes

$7,639


Tax Frequency

Annually


Days on Market

442


Garage

No


Parking

Detached, Driveway


Parking Total

10236


View

No


County

Josephine


Municipality

16


Water Source

Other, Shared Well


Pool

No


Zoning

CR-2

Listing History

Date

Event

Price

9/3/2024

Price change

$1,999,999

-10%

5/20/2024

Active

3/23/2024

Pending

 

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 Justin Burton 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.

Data last updated 6:51 PM UTC, 12/12/2024

Powered byLuxury Presence