$710,000

1880 Medart Ln Grants Pass, OR 97527

Estimated payment $4,129/month

Total Views 11,033
-- Bed
-- Bath
4,148 Sq Ft
$171 Price per Sq Ft

Highlights

  • Popular Property
  • Contemporary Architecture
  • Attached Garage
  • Mountain View
  • No HOA
  • Cooling Available

About This Home

Great investment opportunity with this well maintained 4 plex in great area! Close to shopping, medical and schools, these units each have 2 bedrooms and 1 1/2 baths plus a private balcony or patio and separate one car garage. With long term tenants this property is a must see for investors and great property for a 1031 exchange.

Listing Agent

Mary Parsagian

RE/MAX Integrity Grants Pass License #201206346 Listed on: 09/11/2025

RE/MAX Integrity Grants Pass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 1991

Lot Details

  • 10,454 Sq Ft Lot
  • Two or More Common Walls

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Vinyl Clad Windows

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • On-Street Parking
  • Parking Lot

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Exclusions: W/D, Tenant Personal Property
  • Tax Lot 1200
  • Assessor Parcel Number R335817

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Redwood Heights Subdivision Phase

Building Details

  • Gross Income $67,808
  • Net Operating Income $38,769

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,945

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: Redwood Highway, right on Willow, right on Kellenbeck, right on Medart to property on left.
  • Unit Levels: Two
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • New Construction: No
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Redwood Heights Subdivision Phase
  • Year Built: 1991
  • Total Gross Income: 67807.94
  • Co List Office Phone: 541-955-8483
  • Outside Inclusions: R/O, Refrig, DW, Water Heater, Disposal
  • MLS Status: Active
  • General Property Information Elementary School: Check with District
  • General Property Information Middle Or Junior School: Check with District
  • General Property Information High School: Check with District
  • General Property Information:Zoning2: R-3
  • General Property Information Audio Surveillance on Premises YN: No
  • Road Surface Type:Paved: Yes
  • View Territorial: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal:Tax Lot: 1200
  • General Property Information New Construction YN: No
  • Appliances Refrigerators: Yes
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Security Features:Smoke Detector(s): Yes
  • Flooring:Vinyl: Yes
  • Utilities:Electricity Connected: Yes
  • View:Mountain(s): Yes
  • Flooring:Carpet: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Architectural Style:Contemporary: Yes
  • Foundation Details Slab: Yes
  • Common Walls 2 Common Walls: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Water Heater
  • Flooring: Carpet, Vinyl
  • Window Features: Vinyl Frames
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Common Walls: 2+ Common Walls
  • Construction Type: Frame
  • Foundation Details: Slab
  • Roof: Composition
  • View: Mountain(s), Territorial
  • Exclusions: W/D, Tenant Personal Property
  • Patio And Porch Features: Patio
  • Window Features:Vinyl Frames: Yes
  • Construction Materials:Frame: Yes
  • Patio and Porch Features Patio3: Yes

Garage/Parking

  • Parking Features: Attached, On Street, Parking Lot
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Heater: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Check with District
  • High School: Check with District
  • Middle Or Junior School: Check with District

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10454.4
  • Parcel #: R335817
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 38768.82
  • Annual Operating Expense: 29029.12

Tax Info

  • Tax Annual Amount: 4945.0
  • Tax Lot: 1200
  • Tax Year: 2024

Map

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 List to Sale Price per Sq Ft Prior Sale
09/11/2025 09/11/25 For Sale $710,000 +153.6% $171 / Sq Ft
10/09/2013 10/09/13 Sold $280,000 -3.4% -- View Prior Sale
09/09/2013 09/09/13 Pending -- -- --
03/14/2013 03/14/13 For Sale $290,000 -- --
Source: Oregon Datashare

About the Listing Agent

Mary Parsagian

RE/MAX Integrity Grants Pass

(458) 224-6146

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Whether you are looking to sell your house or find that perfect property, I am here to turn your dreams into realty. Having lived in the Rogue Valley for most of my life I am very familiar with everything we have to offer and love sharing that knowledge!

Relocating, downsizing, upsizing, ready to buy an investment property..... I've got you covered. My goal is always to be there for you 100% of the time and make the real estate process as smooth as possible from start to finish.

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  • 2215 SE Portola Dr, Grants Pass, OR 97526

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  • 342 Buysman Way, Grants Pass, OR 97526

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  • 233 Barker Dr, Merlin, OR 97532

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  • 3178 Century Way, Medford, OR 97504

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Source: Oregon Datashare

MLS Number: 220209063

Oregon Datashare