1636 Leonard Road Grants Pass, OR 97527
MULTI_FAMILY - Ranch - Grants Pass, OR
Property Features for 1636 Leonard Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Parking features
- Open, Driveway, 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
- Standard status
- Active
- APN
- R336842
- Size
- 1,824 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3066
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1994
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Laminate, Vinyl
- 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 in Grants Pass, Oregon, in an area described as quiet and convenient. Public remarks indicate proximity to shopping, medical, and schools, providing everyday accessibility for tenants and residents.
From a practical standpoint, the property fits buyers looking for a manageable multifamily format with the flexibility to occupy one unit and collect rent from the other. For investors, the two-unit structure can simplify operations compared with larger multifamily assets, while still offering the diversification that comes from having more than one rental unit under the same ownership. As a residential income property, it is best considered by those seeking a single-story duplex setup in a convenient, established neighborhood.
Key Highlights
- Single‑story duplex built in 1994 with ranch‑style architecture
- Public water and public sewer service
- Heating includes electric and heat pump; cooling is heat pump
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 |
