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307 Tussey Ln 7 Unit Apartment Building $1,195,000 ($170,714/Unit) Grants Pass, OR 97527



Investment Highlights
- Multi- Family
- Fully ocupied with Tennants
- Several New Updates
Executive Summary
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.
Property Facts
| Price | $1,195,000 | Building Class | C |
| Price Per Unit | $170,714 | Lot Size | 0.59 AC |
| Sale Type | Investment | Building Size | 4,025 SF |
| No. Units | 7 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Single-Family Home | ||
| Zoning | R-2 | ||
| Price | $1,195,000 |
| Price Per Unit | $170,714 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.59 AC |
| Building Size | 4,025 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1950 |
| Zoning | R-2 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $322,850 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$322,850
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307 Tussey Ln
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