387 Tavis Drive, Merlin, OR

$1,999,999

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8.06

Acres

About 387 Tavis Drive

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.

Features of 387 Tavis Drive

MLS® # 220168856
Price $1,999,999
Acres 8.06
Year Built 1983
Type Residential Income
Sub-Type Multi Family
Style Other
Status Active

Community Information

Address 387 Tavis Drive
Subdivision N/A
City Merlin
County Josephine
State OR
Zip Code 97532

Amenities

Parking Detached, Driveway
Is Waterfront No

Interior

Heating Other
Cooling Other
Fireplace No
Stories One
Levels One

Exterior

Roof Composition, Metal
Construction Manufactured House
Foundation Other

School Information

Elementary Ft Vannoy Elem
Middle Fleming Middle
High North Valley High

Additional Information

Date Listed July 31st, 2023
Days on Market 460
Zoning CR-2
Horse Property No

Listing Details

OfficeLandLeader

Listing Map

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