Outside our home market
Ryan Realty works Central Oregon. Our brokers live in Bend and cover the towns around it, from Redmond and Sisters to Sunriver and La Pine. Merlin is outside that area. Our MLS feed is statewide, so this home and its price are live and current — what we cannot tell you is which street in Merlin is the one to buy on.
A broker who works Merlin every day will know it better than we do. Tell us what you need and we will introduce you to one we would use ourselves. No cost, no obligation.
387 Tavis Drive in Merlin is listed at $1,850,000. It has 10,236 square feet, sits on 8.06 acres, was built in 1983, and is in N/A. Status is Pending, with 138 days on market.
Overview
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Listing
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 a current gross rent of approximately $155,000 per year and with some further improvement, has the potential for increasing that to 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.
A rough estimate, not a quote. Loan amount $1,480,000 · $370,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
sold in the last 90 days
1.11 acres on the county assessor's map, tax lot R303680. Josephine County GIS.
Lot lines come from the county assessor’s tax maps. They show the recorded shape of a parcel, not a survey, and they are not a legal boundary. Order a survey before you rely on a line.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share in Merlin. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
| Date | Event | Price |
|---|---|---|
| Aug 5, 2026 | Pending | $1,850,000$150K down |
| May 29, 2026 | Listed | $2,000,000$150K up |
| May 29, 2026 | Price change | $1,850,000 |
| Year | Tax |
|---|---|
| 2023 | $7,639 |
Tax as filed on the listing. Josephine County. Parcel R303680.
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Listing courtesy of John L. Scott Medford
Data last updated October 15, 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.
