Corner Lot 4-Plex with
711 SW Burgess Street Grants Pass, OR 97526
711 SW Burgess Street, Grants Pass, OR, 97526
$629,000
For Sale
$629,000
MULTI_FAMILY - Other - Grants Pass, OR
Property Size4,320 SF
Lot Size0.24 Acres
Price / SF$145.60
Days on Market176
Property Features for 711 SW Burgess Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Parking features
- Parking Lot
- Window features
- Aluminum Frames, Double Pane Windows
- Interior features
- Shower/Tub Combo
- Appliances
- Cooktop, Oven, Water Heater
- Standard status
- Active
- APN
- R312748
- Size
- 4,320 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3748
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Vinyl, Carpet
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Other
- Additional Structures
- Storage
Listing agency
Keller Williams Realty GP Branch
(541) 608-0447
Listed by
Charley Waddington · License #200203279
(541) 659-9072
Added: Jan 28 Updated: Jul 18 at 1:54AM Checked: Jul 23 at 5:06AM
MLS# 220214415
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 4-plex building was constructed in 1964 and consists of four residential units, each with two bedrooms and 1.5 bathrooms. The property sits on a corner lot and includes parking in the rear with alley access. Each unit also has its own gated front yard, and there is a 360-square-foot storage unit located in the back.
The property is located at 711 SW Burgess Street in Grants Pass, Oregon (Josephine County). The current tenants are described as established and quiet, and they would like to remain if possible.
From a layout standpoint, the combination of gated yard areas, rear parking via alley access, and dedicated rear storage supports day-to-day resident utility and use within a compact multifamily configuration.
The property is located at 711 SW Burgess Street in Grants Pass, Oregon (Josephine County). The current tenants are described as established and quiet, and they would like to remain if possible.
From a layout standpoint, the combination of gated yard areas, rear parking via alley access, and dedicated rear storage supports day-to-day resident utility and use within a compact multifamily configuration.
Key Highlights
- Grants Pass 4‑plex built in 1964
- Each unit has 2 bedrooms and 1.5 bathrooms
- Approx. 1,080 SF per unit
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 | $52.9k | $12.24 |
| − Vacancy | −$2.7k | −$0.64 |
| EGI | $50.1k | $11.60 |
| − OpEx | −$15.0k | −$3.48 |
| NOI | $35.1k | $8.12 |
4,320 SF · lease $12.24/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.3K
$438.6K – $584.8K
NOI $35,089 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$465.3K
$407.2K – $542.9K
NOI $32,572 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$979.5K
$857.1K – $1.14M
NOI $68,566 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Built in 1964, this corner-lot 4-plex offers two-bedroom units with gated front yards and back parking with alley access.
Where is this quadplex located?
The property is located at 711 SW Burgess Street Grants Pass, OR.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Grants Pass 4‑plex built in 1964; Each unit has 2 bedrooms and 1.5 bathrooms; Approx. 1,080 SF per unit
