307 Tussey Ln - Apartments FOR SALE


Grants Pass, OR 97527
$1,350,000 USD
541-292-4444
307 Tussey Ln, Grants Pass, OR for Sale
$1,350,000 USD
Apartments - FOR SALE
1/22
null | Request Cap Rate

307 Tussey Ln
Grants Pass, OR 97527


OVERVIEW

This well-maintained 7-unit property consists of 3 duplexes and a single-family home situated on 2 separate tax lots, offering flexibility and potential for future expansion or resale. Several units have been updated with new kitchens and flooring, while others remain in solid, original condition—providing potential for future value-add improvements. Recent upgrades include repiping of the main plumbing line, fresh exterior paint, and a newly added laundry room for tenant convenience. Each unit includes designated parking and a storage shed, with a shared gravel driveway. Surrounded by mature trees and well-manicured landscaping, the property demonstrates a high standard of upkeep. Currently fully occupied with solid rental history and stable tenants, this property delivers room for increased returns through future unit updates or rent adjustments. A low-maintenance, high-performing asset perfect for a buyer looking for immediate cash flow and long-term upside. Private Remarks: Prefer offers on OR Forms. Buyer to conduct buyers own due diligence with regards to buyer intended purposes for property. Fully occupied, rent roll to be added soon.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$335 USD /SF

# OF UNITS

7

PRICE/UNIT

$192,857

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

R-2

APN/PARCEL ID

R313115,R313116

ASK ABOUT THIS PROPERTY

Jake RockwellRockwell Group | eXp Realty, LLCMore Info
541-292-4444

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Jake RockwellRockwell Group | eXp Realty, LLCMore Info
541-292-4444

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.