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    Merlin, OR Multifamily Properties for Sale

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    Grants Pass, OR Wilderville, OR Wolf Creek, OR
    Merlin Multifamily Investment Opportunity
    $1,850,000
    10,236 SF
    Merlin Multifamily Investment Opportunity

    387 Tavis Drive, Merlin, OR 97532

    16-unit rental portfolio in Merlin, Oregon, near Rogue River.
    • 16‑unit rental portfolio on just over 8 acres, made up of 16 lots with 10 homes owned by the seller and 6 homes tenant‑owned
    • Current gross rent is approximately $155,000 per year, with upside potential mentioned to exceed $200,000 per year with further improvement
    • Each lot is independent, offering the option to sell off separate lots or tailor the investment to your preference
    • Well water service and a septic tank for utilities
    • Roofing includes composition and metal materials
    Updated: Jul 31, 2023
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    Merlin Multi-Unit Investment Opportunity
    $1,999,999
    8.00 Acres
    Merlin Multi-Unit Investment Opportunity

    212 Tavis Dr, Merlin, OR 97532

    16-unit rental property portfolio in Josephine County with income potential.
    • 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.
    Updated: Feb 8, 2024
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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.

    Duplex-Style Home with ADU
    $514,900
    1,958 SF
    Duplex-Style Home with ADU

    Brand-new 3-bedroom main home with an attached 1-bedroom ADU, designed for rental flexibility on one lot.

    4706 Gebhard Road, Central Point, OR 97502

    View details
    Updated Income Property on Acreage
    $460,000
    2,520 SF
    Updated Income Property on Acreage

    Renovated duplex on 1.84 acres with expansion potential.

    3361 Camp Joy Road, Grants Pass, OR 97526

    View details
    New Central Point Multifamily Property
    $514,900
    1,994 SF
    New Central Point Multifamily Property

    New construction multifamily property in Central Point, Oregon.

    4722 Gebhard Road, Central Point, OR 97502

    View details
    Multigenerational Living with Income Potential
    $539,000
    2.71 Acres
    Multigenerational Living with Income Potential

    2.71-acre gated property with multiple living spaces and income potential.

    3504 Azalea Drive, Grants Pass, OR 97526

    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
    Contact for pricing
    0.19 Acres
    Affordable Building Lot in Cave Junction

    Level lot with city utilities in cozy SW Oregon community.

    N Old Stage Road, Cave Junction, OR 97523

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    Brookings Commercial Land with Views
    $2,900,000
    8.03 Acres
    Brookings Commercial Land with Views

    8.03 acres with ocean views, Highway 101 access.

    16362 GROOTENDORST Ln, Brookings, OR 97415

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    Buildable Land in Chiloquin, Oregon
    Contact for pricing
    1.13 Acres
    Buildable Land in Chiloquin, Oregon

    1.13 acre buildable lot near Sprague River.

    Jean Street, Chiloquin, OR 97624

    View details
    Recreational Land Near River, Bend
    $78,000
    0.57 Acres
    Recreational Land Near River, Bend

    0.57 acres near the river, ideal for recreation.

    16852 ELSINORE RD, Bend, OR 97707

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    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
    Lot: 8.06 Acres

    212 Tavis Dr, Merlin, OR 97532

    View details

    Merlin, OR Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Merlin, OR on our real estate platform. These investment opportunities span a total of 10,236 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for multifamily properties in Merlin, OR start at $1,850,000, averaging $1,850,000, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Mobile home & RV parks 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Merlin submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    97532 $1.9M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

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