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Beautifully updated income and multi-use property on 1.84 acres! Featuring two fully renovated 3 bed, 1 bath units (each 1,260 sq ft), both updated within the last 4 years with new HVAC systems, flooring, interior paint, thermostats, updated huge bathrooms with double vanity, new toilet and updated plumbing fixtures. Exterior improvements include vinyl windows, roof replaced in 2016, and updated gutters, fresh exterior paint, new well house and fencing for the ground level unit. Property also offers two additional 1,260 sq ft storage areas--ideal for expansion, development, or ample storage. The property is fenced with a fenced area for gardening or dog run area and ample parking. Plenty of room and potential for investment, multi-generational living, or future growth! Property has an estimated cap rate of 6.25%. Income and expenses are available upon request. Call to see this money maker today!
Listing courtesy of RE/MAX Integrity Grants Pass, agent Mel Jones
Data last updated July 20, 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 $368,000 · $92,000 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 $2,300 ($1,950–$2,650) · starting estimate. Edit to your own number.
At $460,000 with 20% down, this property runs $972 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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