Multifamily

Merlin, OR Multifamily Properties for Sale

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Grants Pass, OR Wolf Creek, OR Wilderville, OR Rogue River, OR Glendale, OR Gold Hill, OR Selma, OR Azalea, OR
16-Lot Mobile Home & RV Park
Updated: Jul 31, 2023
16-Lot Mobile Home & RV Park

387 Tavis Drive, Merlin, OR 97532

$1,850,000
10,236 sqft 8.06 AC lot
16 lots across 8.06 acres
10 seller‑owned homes and 6 tenant‑owned homes
10,236‑square‑foot property with improvements dating to 1983
Each lot is described as independent
Well water source and septic tank sewer service
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16-Unit Multifamily Portfolio
Updated: Mar 5, 2025
16-Unit Multifamily Portfolio

387 Tavis Drive, Merlin, OR 97532

$1,850,000
16‑unit multifamily property spanning just over 8 acres
16 independent lots provide a separate lot configuration
10 homes are seller‑owned; 6 homes are tenant‑owned
Tenant‑owned homes rent individual lot spaces
Built in 1983
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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 7 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

Opportunities in Nearby Cities

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

Renovated Duplex with Storage Areas
Renovated Duplex with Storage Areas

3361 Camp Joy Road, Grants Pass, OR 97526

$450,000
2,520 sqft 1.84 AC lot

Two updated residences are supported by separate storage areas, fenced grounds, and driveway parking.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

2145 NW Heidi Lane, Grants Pass, OR 97526

$705,000
3,948 sqft 0.24 AC lot

Frame construction with public water and sewer, heat-pump systems, and on-street parking.

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Duplex with Two-Car Garage
Duplex with Two-Car Garage

717 NW B St, Grants Pass, OR 97526

$375,000
2,128 sqft

Separately metered duplex with private fenced yards, dedicated garage parking, and laundry hookups for each residence.

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Gated Quadplex with Multiple Living Spaces
Gated Quadplex with Multiple Living Spaces

3504 Azalea Drive, Grants Pass, OR 97526

$539,000
2.71 AC lot

Acreage property with a primary residence, chalet-style tiny home, cabin studio, and RV space with utilities.

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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

212 Tavis Dr, Merlin, OR 97532

Estimated value:
by Request
8.06 AC lot
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Merlin, OR Multifamily Properties Market Trends and Statistics

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 $3,700,000.

Sale prices for multifamily properties in Merlin, OR average $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

Commercial property segments ranked by active listings on the market

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 average 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 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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