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10-Unit Multifamily Investment
For Sale
$1,200,000

604 4th St, Grants Pass, OR 97526

Two multifamily buildings on separate tax lots include a 7-plex and a tri-plex.

Property SizeContact for details
Days on Market191

Property Features for 604 4th St

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,594
Listing Agency: exp realty, llc
Listed By: Sydney N Shapiro · License #201230390
Source: Exprealty
Added: Feb 19 Changed: Aug 25 Last Checked: Aug 28 at 4:59PM

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 exp realty, llc

Investment Insights

Based on property information with market context.

This strong-performing 10-unit multifamily investment features two separate buildings on individual tax lots: one 7-plex and one tri-plex. The property is offered for sale with ownership flexibility created by the separate buildings, supporting potential future exit options.

The asset is located in Grants Pass, Oregon, at 604 NW 4th Street.

Key Highlights

  • 10‑unit multifamily investment in Grants Pass with a stated 7.29% cap rate
  • Two separate multifamily buildings on individual tax lots: one 7‑plex and one tri‑plex
  • Year built: 1900

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store HVAC Service Butcher Catering Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

2,081
Businesses Nearby

Demographics for 97526, OR

36,561
Population
15,987
Households
2.3
Avg Household Size
47
Median Age
20%
College-Educated
91%
High-School Grad
140.7 sq mi
ZIP Area
260
Density / Sq Mi
$57,103
Median Household Income
$35,685
Median Earnings
$1,076
Median Rent
$379,700
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 - Two multifamily buildings on separate tax lots include a 7-plex and a tri-plex.
Where is this apartment building located?
The property is located at 604 4th St Grants Pass, OR.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 10‑unit multifamily investment in Grants Pass with a stated 7.29% cap rate; Two separate multifamily buildings on individual tax lots: one 7‑plex and one tri‑plex; Year built: 1900
More about this property
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