$400,000
$359,430
11.3%For more information regarding the value of a property, please contact us for a free consultation.
47 Eastern AVE #5, 6 & 7 Grants Pass, OR 97526
3,696 SqFt
Key Details
Sold Price $400,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,696 sqft
Price per Sqft $108
Subdivision Royal Oaks Estates
MLS Listing ID 220208121
Sold Date 09/16/25
Style Contemporary,Northwest
Condo Fees $675
HOA Fees $675
Year Built 1994
Annual Tax Amount $1,394
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 0.06
Property Sub-Type Multi Family
Property Description
Three condominiums in Grants Pass featuring 2BD/2BA townhome-style units, each 1,232 SF with an attached single-car garage. Built in 1986, each two-story unit has separate gas/electric meters. Stable occupancy with steady rental income, including partial HUD-supported rents. Professionally managed with HOA fees of $675 / month. Fees include water, sewer and garbage. Large open parking area in addition to single car garages. Maintenance and capital improvements in the past year include HVAC replacement, flooring, and appliance upgrades. Located near shopping, services, and commuter routes, this property offers reliable cash flow with room for operational optimization.
Location
State OR
County Josephine
Community Royal Oaks Estates
Rooms
Basement None
Interior
Interior Features Walk-In Closet(s)
Heating Electric, Heat Pump
Cooling Central Air, Heat Pump
Window Features Aluminum Frames,Double Pane Windows
Exterior
Parking Features Asphalt, Attached
Amenities Available Trash
Roof Type Composition
Building
Lot Description Fenced
Foundation Concrete Perimeter
Water Public
Architectural Style Contemporary, Northwest
Level or Stories Two
Structure Type Frame
New Construction No
Schools
High Schools Grants Pass High
Others
Senior Community No
Tax ID R311550
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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