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    Grants Pass, OR Wolf Creek, OR Wilderville, OR Rogue River, OR Gold Hill, OR Glendale, OR Selma, OR Azalea, OR
    Merlin Multi-Unit Investment Opportunity
    Updated: Feb 8, 2024
    Merlin Multi-Unit Investment Opportunity

    212 Tavis Dr, Merlin, OR 97532

    Contact for pricing
    8.00 AC lot
    16‑unit rental property portfolio on 8+ acres offering diversification and flexibility.
    High income potential: Current gross yearly income of +\/- $155,000 with potential to reach nearly $195,000 upon completion and rental of vacant homes.
    Individual lots provide options to sell separately or tailor investment strategy.
    Located in Merlin, near the Rogue River and close to Grants Pass amenities.
    13 of 16 lots are actively rented, providing stable income.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Merlin, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Contemporary Triplex with RV Parking
    Contemporary Triplex with RV Parking

    2921 Table Rock Road, Medford, OR 97501

    $650,000
    2,672 sqft 0.46 AC lot

    Three-unit triplex with rented residential income and RV/boat parking spaces on-site.

    View details
    Remodeled Manufactured Home in Park
    Remodeled Manufactured Home in Park

    626 Kylee Ann, Medford, OR 97501

    $144,900
    1,296 sqft

    Remodeled 3-bedroom, 2-bath manufactured home with attached carport, updated systems, and space rent that includes park amenities.

    View details
    55+ Mobile Home Park Home
    55+ Mobile Home Park Home

    332 Beechwood Dr, Grants Pass, OR 97526

    $36,000

    Move-in ready home with covered porch and carport in a 55+ community with shared recreation amenities and RV storage.

    View details
    Manufactured Home in 55+ Community
    Manufactured Home in 55+ Community

    217 Nw Creekside Dr, Grants Pass, OR 97526

    $115,000

    Well-maintained 1997 manufactured home with 2 bedrooms, 2 bathrooms, and recent interior and exterior updates in a 55+ community.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Affordable Building Lot in Cave Junction
    Affordable Building Lot in Cave Junction

    N Old Stage Road, Cave Junction, OR 97523

    Contact for pricing
    0.19 AC lot

    Level lot with city utilities in cozy SW Oregon community.

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    Montague Land with Well/Septic
    Montague Land with Well/Septic

    7630 Whitepine Rd, Montague, CA 96064

    $46,000
    1.00 AC lot

    One-acre lot with well, septic, and outbuildings near Yreka.

    View details
    Chiloquin Land with Lake Views
    Chiloquin Land with Lake Views

    Timber Lane, Chiloquin, OR 97624

    Contact for pricing
    0.33 AC lot

    Oversized lot with lake views, utilities, and manufactured home allowance.

    View details
    Acre Land Parcel in Chiloquin
    Acre Land Parcel in Chiloquin

    Cloudcap Drive, Chiloquin, OR 97624

    Contact for pricing
    1.00 AC lot

    One acre land parcel with utilities in Chiloquin, Oregon.

    View details

    Off-Market Properties in Merlin, OR

    Consider similar Off-Market properties in Merlin, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    212 Tavis Dr
    Multifamily properties

    212 Tavis Dr, Merlin, OR 97532

    Value Estimation by Request
    8.06 AC lot
    View details

    Merlin, OR Mobile Home & Rv Parks Market Trends and Statistics

    Explore 2 mobile home & rv parks for sale in Merlin, OR on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Mobile home & RV parks 1

    Demographics Overview

    Population 2,146
    Population Growth (5Y) -15.0%
    Median Household Income $77,125
    College Educated 34.2%

    Taxes & Financing

    Tax Rate (average for all types) 0.66%
    Property Tax per SF $13.35 per SF
    Tax Rate vs County Average 0.59 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Josephine County

    New Delisted

    Total CRE Inventory on Market (SF)

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