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Investor Alert! Income-Producing Rental Units on One Parcel.Exceptional investment opportunity featuring five rental units on a single parcel with proven cash-flow potential. The property includes a stick-built duplex, two extensively updated manufactured homes, and a renovated park-model tiny home, offering a diverse mix of rental options. With long-term tenants in place, numerous recent improvements, and a strong history of consistent returns, this is a true turnkey investment property. For additional development potential, the adjoining parcel at 1550 Carnahan Drive is also available. According to information provided to the seller, the city will allow construction of a fourplex on that parcel with removal of the existing home. Buyers are encouraged to verify all development possibilities with the appropriate local agencies. The seller is willing to offer a discounted package price for purchasers who acquire both properties together, creating an outstanding rental portfolio.
Listing courtesy of RE/MAX Integrity Grants Pass, agent Andy Fontes
Data last updated July 21, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $479,000 · $120,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $3,000 ($2,550–$3,450) · starting estimate. Edit to your own number.
At $599,000 with 20% down, this property runs $1,227 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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