2145 NW Heidi Lane Grants Pass, OR 97526
MULTI_FAMILY - Grants Pass, OR
Property Features for 2145 NW Heidi Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Window features
- Double Pane Windows, Vinyl Frames
- Patio and Porch features
- Porch
- Interior features
- Linen Closet, Primary Downstairs, Shower/Tub Combo
- Appliances
- Dishwasher, Oven, Range, Refrigerator, Water Heater
- Standard status
- Active
- APN
- R335236
- Size
- 3,948 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5807
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1991
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Laminate, Vinyl, Carpet
- Building materials
- Frame
- Roof type
- Composition
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 1, 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 property is located at 2145 NW Heidi Lane in Grants Pass, Oregon, within Josephine County. The public remarks describe the setting as a quiet neighborhood, and the listing notes the offering is part of a larger portfolio with additional options available.
As a four-unit asset, the property is well-suited for buyers seeking rental diversification through multiple dwellings under one ownership structure. It may also appeal to owner-occupants who prefer to live in one unit while the remaining units generate rental income. The seller states the price is based on a recent appraisal, making it a straightforward acquisition for qualified investors. For details on current rents, unit configuration, or operating specifics, interested parties should contact the listing agent.
Key Highlights
- Fourplex built in 1991 in a quiet neighborhood
- Appliances include dishwasher, oven, range, and refrigerator
- Heating includes heat pump and electric heating
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 | $48.3k | $12.24 |
| − Vacancy | −$2.5k | −$0.64 |
| EGI | $45.8k | $11.60 |
| − OpEx | −$13.7k | −$3.48 |
| NOI | $32.1k | $8.12 |
