Single-Story Duplex Income
1636 Leonard Road Grants Pass, OR 97527
For Sale
$425,000
MULTI_FAMILY - Ranch - Grants Pass, OR
Property Size1,824 SF
Lot Size0.17 Acres
Price / SF$233
Days on Market15
Property Features for 1636 Leonard Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking features
- Driveway, Open, 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
- Laminate, Vinyl, Carpet
- Building materials
- Frame
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency:
RE/MAX Integrity Grants Pass
(541) 955-8483
Listed By:
Michael D Masters · License #801004242
(541) 770-3325
Added: Jul 9
Changed: Jul 18
Last Checked: Jul 23 at 2:06PM
MLS# 220224923
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 single-story duplex features two separate units within a ranch-style layout. The property is positioned on a 0.17-acre lot and totals 1,824 square feet. It presents as a straightforward residential income option, with a configuration that supports either renting both units or living in one unit while leasing the other.
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.
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 ranch duplex built in 1994 with frame construction
- Public utilities: public water and public sewer
- Appliances include dishwasher, oven, range, and refrigerator
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 |
1,824 SF · lease $12.24/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$211.6K
$185.2K – $246.9K
NOI $14,815 @ 7.0% cap · market cap 3.49%
Second Best
Apartment 5plus
$196.5K
$171.9K – $229.2K
NOI $13,753 @ 7.0% cap · market cap 3.24%
Theoretical Best
Office A
$413.6K
$361.9K – $482.5K
NOI $28,950 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-suited for owner-occupants or investors, this single-story duplex offers two units on a manageable lot.
Where is this duplex located?
The property is located at 1636 Leonard Road Grants Pass, OR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Single‑story ranch duplex built in 1994 with frame construction; Public utilities: public water and public sewer; Appliances include dishwasher, oven, range, and refrigerator
