Residential Income

Merlin, OR Residential Income 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 Central Point, 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: Apr 12, 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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2 active listings match your search: Residential Income for sale in Merlin, OR. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities, 1 off-market property to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

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 Private Backyards
Duplex With Private Backyards

1313 SW Kokanee Ln, Grants Pass, OR 97527

$395,000
1,904 sqft

Two similar units offer separate garages, indoor laundry, patios, and fenced outdoor spaces for flexible occupancy.

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Two-Story Duplex with Garages
Two-Story Duplex with Garages

1086 Rainwood Ln, Grants Pass, OR 97527

$495,000
2,448 sqft

Both residences include three bedrooms, two full bathrooms, and a fenced private yard.

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Residential Income Property
Residential Income Property

1410 SW G Street, Grants Pass, OR 97526

$339,000

R-3 high-density residential zoning supports the property’s residential classification.

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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.

Developed Lot Near Grants Pass
Developed Lot Near Grants Pass

3 Sylvan Drive lot: 3, Grants Pass, OR 97527

$179,900
2.05 AC lot

Developed lot with well and septic approval near amenities.

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Grants Pass Development Opportunity
Grants Pass Development Opportunity

2060 NE Fairview Avenue, Grants Pass, OR 97526

$185,000
0.35 AC lot

0.35 acre R-3 zoned lot in NE Grants Pass.

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Approved Rural Residential Development Land
Approved Rural Residential Development Land

100 Walker Road, Grants Pass, OR 97527

$1,500,000
81.55 AC lot

81.55-acre hillside land approved for an exclusive rural residential subdivision, directly bordering city limits.

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Rogue River Development Land
Rogue River Development Land

E Evans Cr Road, Rogue River, OR 97537

$499,000
5.58 AC lot

Development parcel with mountain and valley views in Rogue River.

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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 Residential Income Properties Market Trends and Statistics

Explore 3 residential income 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 residential investment 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
Multifamily properties 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)

Average Property Price per SF

For-sale Residential Income pricing trends in Josephine County

Residential Income

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