Ranch Duplex with Granite
2032 SW Allen Creek Road, Grants Pass, OR 97527
For Sale
$439,900
Residential Income, Grants Pass, OR
Property Size1,602 SF
Lot Size0.19 Acres
Price / SF$274.59
Days on Market96
Property Features for 2032 SW Allen Creek Road
General Information
Property type
Property subtype
Property condition
Zoning description
Parking features
Window features
Patio and Porch features
Interior features
Appliances
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
RE/MAX Integrity Grants Pass · RE/MAX International
(541) 955-8483
Listed By:
Michael D Masters · License OR #801004242
(541) 770-3325
Added: Aug 12
Changed: Oct 27
Last Checked: Nov 15 at 4:06AM
MLS# 220226900
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.
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Investment Insights
Based on property information with market context.
This ranch-style duplex is under construction and contains two residential units, each measuring approximately 800 square feet within a 1,602-square-foot property. Interior features include vaulted ceilings, walk-in closets, granite countertops, custom cabinetry, laminate flooring, and primary bedrooms on the main level. Each side is equipped with ductless heating and cooling, a tankless water heater, kitchen appliances, laundry appliances, and a porch. The property is served by public water and public sewer, with driveway parking for each unit.
Located at 2032 SW Allen Creek Road in Grants Pass, the duplex is near the hospital and other medical services, with grocery and restaurant options nearby. The 0.19-acre site includes two residential units designed in a ranch configuration.
Located at 2032 SW Allen Creek Road in Grants Pass, the duplex is near the hospital and other medical services, with grocery and restaurant options nearby. The 0.19-acre site includes two residential units designed in a ranch configuration.
Key Highlights
- Duplex with 2 units, each approximately 800 square feet
- 1,602‑square‑foot property on a 0.19‑acre lot
- Under construction with a 2026 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,012
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,240
$260.2K
Cap Rate 7%
$185,886
$185.9K
Cap Rate 9%
$144,578
$144.6K
Market Conditions
NOI Build-Up for 1,602 SF
Gross rent
$19.6K $12.24/SF
− Vacancy
−$1.0K −$0.64/SF
EGI
$18.6K $11.60/SF
− OpEx
−$5.6K −$3.48/SF
NOI
$13.0K $8.12/SF
Area
Josephine County, OR
Vacancy
5.20%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,240
Cap Rate 7%
$185,886
Cap Rate 9%
$144,578
Alternative Uses
Best Use
Multifamily LT 5
$185.9K
$162.7K – $216.9K
NOI $13,012 @ 7.0% cap · market cap 2.96%
Second Best
Apartment 5plus
$172.6K
$151.0K – $201.3K
NOI $12,079 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$363.2K
$317.8K – $423.8K
NOI $25,426 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
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Business Placement
Demographics for 97527, OR
36,358
Population
15,481
Households
2.3
Avg Household Size
49
Median Age
19%
College-Educated
90%
High-School Grad
219.8 sq mi
ZIP Area
165
Density / Sq Mi
$66,396
Median Household Income
$35,825
Median Earnings
$1,350
Median Rent
$408,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with efficient systems, private driveways, and well-appointed interiors near medical services, grocery, and restaurants.
Where is this duplex located?
The property is located at 2032 SW Allen Creek Road Grants Pass, OR.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Duplex with 2 units, each approximately 800 square feet; 1,602‑square‑foot property on a 0.19‑acre lot; Under construction with a 2026 year built
