1632 Leonard Road Grants Pass, OR 97527
MULTI_FAMILY - Ranch - Grants Pass, OR
Property Features for 1632 Leonard Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Parking features
- Driveway, Open, On Street
- Window features
- Vinyl Frames, Double Pane Windows
- Patio and Porch features
- Porch, Patio
- Interior features
- Linen Closet, Primary Downstairs, Shower/Tub Combo
- Appliances
- Dishwasher, Oven, Range, Refrigerator, Water Heater
- Standard status
- Active
- APN
- R336843
- Size
- 1,824 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3082
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Carpet, Laminate
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Ranch
Listing agent Michael D Masters License #801004242 (541) 770-3325
Listing office RE/MAX Integrity Grants Pass 1830 NE 7th Street, Medford, OR (541) 955-8483
Listing date Jul 9, 2026
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The duplex is located at 1632 Leonard Road in Grants Pass, Oregon, in Josephine County. The public remarks indicate the property is near shopping, medical facilities, and schools.
For buyers seeking a straightforward duplex format, this layout supports common occupancy strategies such as living in one unit while renting the other. As a residential income property, it may also appeal to investors looking for an owner-occupied or small-scale rental arrangement, with the benefit of remaining single-story for day-to-day practicality. The offering is presented as a For Sale transaction, with the total property size reported as 1,824 square feet.
Key Highlights
- Ranch‑style single‑story duplex built in 1994
- Frame construction with composition shingle roof
- Public water and public sewer service
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.3k | $12.24 |
| − Vacancy | −$1.2k | −$0.64 |
| EGI | $21.2k | $11.60 |
| − OpEx | −$6.3k | −$3.48 |
| NOI | $14.8k | $8.12 |
