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Turnkey Riverfront 6-Plex
For Sale
$1,250,000

5333 Rogue River Highway, Gold Hill, OR 97525

Restored 6-plex with mini-split HVAC plus an additional manufactured home, community laundry, and ample parking.

Property SizeContact for details
Days on Market114

Property Features for 5333 Rogue River Highway

General Information

Standard status Active
Property subtype Multi-family

Financials

Cap Rate 6.86%
Business Included Yes

Additional Details

Multifamily Units 6

Building Details

Year Built 1946
Tenancy Multi
Listing Agency: Windermere Van Vleet & Assoc2
Listed By: Steven W Parmelee · License #890900084
Source: Century21northhomes
Added: May 3 Changed: Aug 23 Last Checked: Aug 24 at 7:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Van Vleet & Assoc2

Investment Insights

Based on property information with market context.

This turnkey property features a 6-plex with each unit restored to like-new condition, along with extensive structural improvements and quality upgrades throughout. Improvements include mini-split HVAC systems, a new roof, new windows, updated cabinets and flooring, and refreshed plumbing and electrical fixtures. The property also includes a new septic system and well system for long-term reliability, supporting the overall functionality of the site.

Located at 5333 Rogue River Hwy in Gold Hill, Oregon, the property’s riverfront setting provides an attractive tenant amenity. In addition to the 6-plex, the site includes an additional manufactured home, a community laundry facility, a dog run, and an expansive parking area.

The configuration is suitable for buyers seeking a completed, operational multifamily asset with current on-site housing components and shared amenities. The seller states scheduled gross income of approximately $120,000 annually and describes low operating expenses, along with a 6.86% capitalization rate. The riverfront environment can also be considered in evaluating alternative short-stay or vacation-focused revenue approaches, depending on the buyer’s intended operating plan.

Key Highlights

  • 6‑plex with mini‑split HVAC systems and comprehensive upgrades to units restored to like‑new condition
  • Extensive improvements include new roof, new windows, updated cabinets, flooring, plumbing, and electrical fixtures
  • Includes a new septic system and well system

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Auto Parts Store Electrical Service Parking Lot & Garage Skin Care Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby

Demographics for 97525, OR

5,392
Population
2,366
Households
2.3
Avg Household Size
51
Median Age
21%
College-Educated
95%
High-School Grad
108.2 sq mi
ZIP Area
50
Density / Sq Mi
$68,512
Median Household Income
$31,740
Median Earnings
$1,142
Median Rent
$426,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Restored 6-plex with mini-split HVAC plus an additional manufactured home, community laundry, and ample parking.
Where is this apartment building located?
The property is located at 5333 Rogue River Highway Gold Hill, OR.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 6‑plex with mini‑split HVAC systems and comprehensive upgrades to units restored to like‑new condition; Extensive improvements include new roof, new windows, updated cabinets, flooring, plumbing, and electrical fixtures; Includes a new septic system and well system
More about this property
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