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Duplex Income Property with Storage

3361 Camp Joy Road Grants Pass, OR 97526

3361 Camp Joy Road, Grants Pass, OR, 97526
$450,000
For Sale
$450,000

MULTI_FAMILY - Other - Grants Pass, OR

Property Size2,520 SF
Lot Size1.84 Acres
Price / SF$178.57
Days on Market119

Property Features for 3361 Camp Joy Road

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Driveway
Window features
Vinyl Frames, Double Pane Windows, Aluminum Frames
Patio and Porch features
Porch
Interior features
Double Vanity, Fiberglass Stall Shower, Laminate Counters, Open Floorplan, Shower/Tub Combo, Smart Thermostat
Appliances
Dishwasher, Disposal, Dryer, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater
Standard status
Active
APN
350626D0002300
Size
2,520 SF
Lot size
1.84 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2134

Utilities

Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump, Central Air
Water source
Well

Building Details

Year built
1982
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Frame
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing agency RE/MAX Integrity Grants Pass
Listed by Mel Jones
Added: Mar 26 Updated: Jul 21 at 4:31PM Checked: Jul 22 at 10:06AM
MLS# 220217893

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.

This duplex income property features two fully renovated 3-bedroom, 1-bath units, each approximately 1,260 square feet. Both units have been updated within the last four years with smart thermostats, updated heating and air, new flooring, interior paint, and updated plumbing fixtures. The bathrooms were refreshed with double vanity and new toilets, and vinyl windows were added as part of exterior improvements.

Exterior updates include a roof replacement in 2016, updated gutters, and fresh exterior paint. A new well house supports the property, and fencing includes a ground-level fenced area for a gardening or dog run use. In addition to the duplex units, there are two extra 1,260 square foot storage areas that can support expansion or provide substantial storage.

The property has ample parking and is offered for sale with income and expenses available upon request. An estimated cap rate of 6.25% is noted in the listing materials.

Key Highlights

  • 1.84‑acre property with two fully renovated 3 bed/1 bath units, each 1,260 sq ft
  • Updates within the last 4 years include smart thermostats, updated heating and air, flooring, interior paint, and updated huge bathrooms
  • Bathrooms feature double vanity, plus new toilet and updated plumbing fixtures

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 $30.8k $12.24
− Vacancy −$1.6k −$0.64
EGI $29.2k $11.60
− OpEx −$8.8k −$3.48
NOI $20.5k $8.12
2,520 SF · lease $12.24/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$292.4K
$255.9K – $341.2K (±1% cap)
NOI $20,469 @ 7.0% cap · market cap 4.55%
Second Best
Apartment 5plus
$271.4K
$237.5K – $316.7K (±1% cap)
NOI $19,000 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$571.4K
$500.0K – $666.6K (±1% cap)
NOI $39,997 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Auto Parts Store Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom HVAC Service Big Box & Wholesale Store Grocery & Convenience Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two fully renovated 3-bedroom, 1-bath units sit on 1.84 acres with additional storage areas and ample parking.
Where is this duplex located?
The property is located at 3361 Camp Joy Road Grants Pass, OR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1.84‑acre property with two fully renovated 3 bed/1 bath units, each 1,260 sq ft; Updates within the last 4 years include smart thermostats, updated heating and air, flooring, interior paint, and updated huge bathrooms; Bathrooms feature double vanity, plus new toilet and updated plumbing fixtures
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More about this property
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