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Duplex With Two-Car Garage
For Sale
$375,000
Pending

717 NW B Street, Grants Pass, OR 97526

Residential Income, Grants Pass, OR

Property Size2,128 SF
Lot Size0.11 Acres
Days on Market75

Property Features for 717 NW B Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description R-3
Parking features Driveway, On Street
Window features Double Pane Windows, Aluminum Frames
Patio and Porch features Porch
Interior features Laminate Counters, Primary Downstairs, Shower/Tub Combo
Appliances Dishwasher, Range, Range Hood, Refrigerator, Water Heater
Lot features Corner Lot
Elementary school Highland Elem
Middle school North Middle
High school Grants Pass High
Standard status Pending
APN R3111152
Size 2,128 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2707

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

fenced backyard
laundry hookups

Building Details

Year built 1987
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl
Building materials Frame
Roof type Composition
Architectural style Ranch
Listing Agency: John L. Scott Medford
Listed By: Gerald Yawn
Added: Aug 10 Changed: Oct 22 Last Checked: Oct 23 at 1:06AM
MLS# 220226798

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.

Built in 1987, this ranch-style duplex contains two mirrored residences, each with 2 bedrooms, 1 bathroom, and 784 square feet. The units are separated by a two-car garage rather than shared living walls, with one parking bay assigned to each residence and laundry hookups available. Each side also has a small fenced backyard, while three additional off-street spaces support parking flexibility.

The property is located near downtown Grants Pass at 717 NW B Street. Both units have separate power meters, and one residence is currently occupied. Additional features include a composition roof approximately 10 years old, public water and sewer, baseboard heat, window or wall/window cooling, laminate counters, and a mix of carpet and vinyl flooring.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom per residence
  • Each unit measures 784 sq ft; total property size is 2,128 square feet
  • Two‑car garage provides one dedicated parking bay per unit and laundry hookups

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,285
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$345,700 $345.7K
Cap Rate 7%
$246,929 $246.9K
Cap Rate 9%
$192,056 $192.1K
Market Conditions
NOI Build-Up for 2,128 SF
Gross rent
$26.0K $12.24/SF
− Vacancy
−$1.4K −$0.64/SF
EGI
$24.7K $11.60/SF
− OpEx
−$7.4K −$3.48/SF
NOI
$17.3K $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%
$345,700
Cap Rate 7%
$246,929
Cap Rate 9%
$192,056

Alternative Uses

Best Use
Multifamily LT 5
$246.9K
$216.1K – $288.1K (±1% cap)
NOI $17,285 @ 7.0% cap · market cap 4.61%
Second Best
Apartment 5plus
$229.2K
$200.6K – $267.4K (±1% cap)
NOI $16,045 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$482.5K
$422.2K – $562.9K (±1% cap)
NOI $33,775 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,954
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two mirrored residences offer separate utility metering, private outdoor space, and dedicated parking within a low-maintenance layout.
Where is this duplex located?
The property is located at 717 NW B Street Grants Pass, OR.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per residence; Each unit measures 784 sq ft; total property size is 2,128 square feet; Two‑car garage provides one dedicated parking bay per unit and laundry hookups
More about this property
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