$1,195,000
1/55 BD · 3 BA · 3,608 SF · 1.6 AC
1935 SE Portola Drive
Grants Pass, OR 97526
#220228907 01 / 10
For sale
$1,190,000
4600 Rogue River Highway
Grants Pass, OR 97527 · N/A
- Baths
- 0
- Acres
- 1.19
- Built
- 1936
Est. $6,754/mo~229 min to downtown Bend (approx.)
Listing by Millen Property Group · 541-301-3435
MLS# 220218684 · Active
01
About this home
Cash flow property! A rare 9-unit opportunity offering income stability. This one-of-a-kind investment features a 3-bedroom main home, ideal for owner occupancy or on-site management. The other units include six 1-bedroom cottages, one 2-bedroom, and a studio. In addition to the 9 permanent units, there are two spots for RV parking, a laundry room and 2 storage spaces that all provide revenue.The property currently generates an impressive annual income over $134,000, with a net profit over $80,000 annually, based on existing rents. Total monthly rental income is currently $11,175. Several units enjoy decks overlooking the iconic Rogue River, paired with sweeping mountain views, an amenity that enhances both tenant retention and rental appeal. A shared common area provides additional value for tenant enjoyment and community feel. Ideally located between Grants Pass and Medford, providing convenient access to regional amenities. Owner-financing is not available.
02
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03
Price history
183 days, no changes| Date | Event | Price |
|---|---|---|
| Apr 6, 2026 | Listed for sale | $1,190,000 |
From the MLS: original list price and latest price change. 183 days on market.
04
Drive times
~229 min to downtown Bend- Mt. Bachelor~205 min · 173.3 mi
- Sunriver Village~209 min · 176.7 mi
- Old Mill District~228 min · 193.2 mi
- Downtown Bend~229 min · 194.1 mi
- St. Charles Bend~232 min · 197 mi
- Sisters~237 min · 201.4 mi
- Redmond Airport (RDM)~252 min · 214.3 mi
- Smith Rock State Park~261 min · 222.5 mi
Approx. Straight-line distance × 1.3 for roads, at in-town and highway speeds. No traffic, snow, or Hwy 97 construction. Ask Cody about real commute times.
05
Facts & features
Built 1936- Type
- Multi Family
- Year built
- 1936
- Stories
- 1
- Lot
- 1.19 AC · 51,836 SF
- HOA
- None reported
- Taxes
- $3,483/yr
- Subdivision
- N/A
- County
- Josephine
- Days on market
- 183
- MLS #
- 220218684
- Interior
- Ceiling Fan(s) · Linen Closet
- Flooring
- Carpet · Tile · Vinyl
- Heating
- Natural Gas · Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Parking
- Asphalt · Driveway · Gravel · Parking Lot
- View
- Mountain(s) · River · Territorial
- Lot
- Level · Landscaped · Sloped
- Construction
- Frame
- Roof
- Asphalt · Composition
06
Location & schools
N/A42.4219° N · 123.2522° W
Directions- Elementary
- Fruitdale Elem
- Middle
- Lincoln Savage Middle
- High
- Hidden Valley High
Assignments come from the listing broker and boundaries change. Verify with the school district before you count on them.
07
Monthly payment
$6,754/mo$6,754/mo
$952,000 loan · 30 yr fixed · 6.5%
- Principal & interest
- $6,017
- Property tax (listing)
- $290
- Home insurance (est.)
- $446
20% · $238,000
6.500%
Loan term
Estimate only. Taxes use the listing's reported amount when there is one; insurance is approximated. A lender can give you an exact number.
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#220220843Listing information provided by Oregon Data Share. Data last updated Oct 7, 2026, 3:00 PM.
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