NOT LISTED FOR SALE

1437 NE D St Grants Pass, OR 97526

4 Beds
4 Baths
4,002 Sq Ft
1977 Built

Last Sold April 01, 2019

Last sale price $480,000 $120 Per Sq Ft

116 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Radiant Heating System

About This Home

As of April 2019

Very nicely kept 6-Unit Complex in a Desirable NE Grants Pass Location! All Units are 1 Bed, 1 Bath, Single-Level, and Offer Finished Single-Car Garages. The well thought-out Floor Plan makes these Units very easy to rent, and several Tenants here have been long-term. Large Living Rooms, Nice Kitchens, Inside Laundry, and Rear Patio with Backyards are just a few of the attractive features this property has to offer. Paved Driveway and Parking, plus TONS of additional Parking for Boats, Trailers, and Guests. The Entire Complex has been continually maintained by the Current Owner and is in Great Overall Condition. Many New Appliance and Systems Upgrades in the past several years. A Slab Foundation, Newer Composition Roof, and Good Exterior Paint help to minimize any immediate need for Repairs or Improvements. Rents here are strong and consistent, but likely have even more room for increase. Property is in Two Tax Lots, and has potential for development of Additional Units!

Last Listed By

Craig Allen

Kendon Leet Real Estate Inc License #980200177 Listed on: 01/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,932

Year Built

  • Built in 1977

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property

Schools

  • Lincoln Elementary School
  • North Middle School
  • Grants Pass High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number R309397

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $39,600
  • Net Operating Income $26,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,932

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Directions: Located on NE 'D' Street, East of Beacon Drive. NO Sign at the Subject Property. Please use discretion with Drive-bys, and do not engage the Tenants.
  • Unit Levels: One
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1977
  • Total Gross Income: 39600.0
  • Co List Office Mls Id: orKLRE
  • Co List Office Phone: 541-956-8582
  • Co List Office Phone: 541-956-8582
  • Outside Inclusions: Stack Washer & Dryers (5)five, R/O's
  • MLS Status: Closed
  • ResoBuildingAreaSource: Assessor
  • General Property Information:Zoning2: R-2
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:One: Yes
  • Roof:Composition: Yes
  • Foundation Details Slab: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • Exclusions: None
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Radiant
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric2: Yes
  • Heating:Radiant: Yes

Schools

  • Elementary School: Lincoln Elem
  • High School: Grants Pass High
  • Middle Or Junior School: North Middle

Lot Info

  • Parcel #: R309397
  • Zoning Description: R-2

Multi Family

  • Number Of Units Total: 6
  • Net Operating Income: 26463.0
  • Annual Operating Expense: 13137.0

Tax Info

  • Tax Annual Amount: 3932.0
  • Tax Year: 2017

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2019 04/01/19 Sold $480,000 -3.0% $120 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
10/26/2018 10/26/18 For Sale $495,000 -- $124 / Sq Ft
Source: Southern Oregon MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Oregon MLS

MLS Number: 102995740

Southern Oregon MLS