Corner Lot 4-Plex with
For Sale
$629,000
711 SW Burgess Street, Grants Pass, OR 97526
MULTI_FAMILY - Other - Grants Pass, OR
Property Size4,320 SF
Lot Size0.24 Acres
Price / SF$145.60
Days on Market186
Property Features for 711 SW Burgess Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
R-3; Res High Density
Parking features
Parking Lot
Window features
Aluminum Frames, Double Pane Windows
Interior features
Shower/Tub Combo
Appliances
Cooktop, Oven, Water Heater
Subdivision
H.B. Miller Co's
Lot features
Corner Lot, Fenced, Level
View
Territorial
Elementary school
Parkside Elem
Middle school
North Middle
High school
Grants Pass High
Directions
Take M St (towards Bridge St), turn right on SW Pine St, turn left on SW Burgess to address on the left.
Standard status
Active
APN
R312748
Size
4,320 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3748
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1964
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Carpet
Building materials
Frame
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Keller Williams Realty GP Branch
(541) 608-0447
Listed By:
Charley Waddington · License #200203279
(541) 659-9072
Added: Jan 28
Changed: Jul 18
Last Checked: Aug 2 at 3:06PM
MLS# 220214415
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 4-plex building was constructed in 1964 and consists of four residential units, each with two bedrooms and 1.5 bathrooms. The property sits on a corner lot and includes parking in the rear with alley access. Each unit also has its own gated front yard, and there is a 360-square-foot storage unit located in the back.
The property is located at 711 SW Burgess Street in Grants Pass, Oregon (Josephine County). The current tenants are described as established and quiet, and they would like to remain if possible.
From a layout standpoint, the combination of gated yard areas, rear parking via alley access, and dedicated rear storage supports day-to-day resident utility and use within a compact multifamily configuration.
The property is located at 711 SW Burgess Street in Grants Pass, Oregon (Josephine County). The current tenants are described as established and quiet, and they would like to remain if possible.
From a layout standpoint, the combination of gated yard areas, rear parking via alley access, and dedicated rear storage supports day-to-day resident utility and use within a compact multifamily configuration.
Key Highlights
- Grants Pass 4‑plex built in 1964
- Each unit has 2 bedrooms and 1.5 bathrooms
- Approx. 1,080 SF per unit
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 | $52.9k | $12.24 |
| − Vacancy | −$2.7k | −$0.64 |
| EGI | $50.1k | $11.60 |
| − OpEx | −$15.0k | −$3.48 |
| NOI | $35.1k | $8.12 |
4,320 SF · lease $12.24/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$501.3K
$438.6K – $584.8K
NOI $35,089 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$465.3K
$407.2K – $542.9K
NOI $32,572 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$979.5K
$857.1K – $1.14M
NOI $68,566 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,550
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Built in 1964, this corner-lot 4-plex offers two-bedroom units with gated front yards and back parking with alley access.
Where is this quadplex located?
The property is located at 711 SW Burgess Street Grants Pass, OR.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Grants Pass 4‑plex built in 1964; Each unit has 2 bedrooms and 1.5 bathrooms; Approx. 1,080 SF per unit
