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    Merlin, OR
    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 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 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.

    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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    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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    Two-Bedroom Residential Income Property
    Two-Bedroom Residential Income Property

    411 Teakwood Dr, Grants Pass, OR 97526

    $49,900

    Fleetwood-built residence with updated finishes, private storage, and access to shared riverfront community amenities.

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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

    TL100 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:
    No data
    8.06 AC lot
    View details

    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 income 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)

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