NOT LISTED FOR SALE

1881 Kellenbeck Ave Grants Pass, OR 97527

8 Beds
4 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold June 30, 2017

Last sale price $625,000

167 Days on Market

About This Home

As of June 2017

Excellent investment opportunity! Fully rented 5 plex with great rental history. Each unit is approximately 960 sq. ft. 2 bedroom 1 bath with range/oven, refrigerator, washer/dryer and each unit has a small deck or patio PLUS a garage. Current rents are $875 month for each unit. Property is in a convenient area of town, close to all services. Rentals are in HIGH demand in Grants Pass so call today.

Last Agent to Sell the Property

Steve Parmelee

Windermere Van Vleet & Assoc2 License #890900084 Listed on: 12/06/2016

Windermere Van Vleet & Assoc2

Co-Listed By

Marcia Ramsay-Coots

Windermere Van Vleet & Assoc2 License #780301763

Last Buyer's Agent

Charlie Udet

eXp Realty, LLC License #200307026

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 1992

Lot Details

  • 10,454

Home Design

  • Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • 2-Story Property
  • 10,454 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number R336240

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $52,500
  • Net Operating Income $40,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,120

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: Please call L/A to show, we will try to arrange to open 1 or 2 units for initial showing, upon accepted offer we will arrange for access to all units. Seller has instructed listing participant that no commissions will be payable on buyers closing costs paid by the seller.
  • Unit Levels: Two
  • Lot Size Acres: 0.24
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1992
  • Total Gross Income: 52500.0
  • Co List Office Mls Id: orVVA2
  • Co List Office Phone: 541-779-6520
  • Co List Office Phone: 541-779-6520
  • Outside Inclusions: 5 Range/Oven, 5 Refrigerator, 5 Wash/Dry
  • MLS Status: Closed
  • General Property Information:Zoning2: R-3
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Roof:Composition: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None

Exterior Features

  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter
  • Roof: Composition
  • Construction Materials:Frame: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Electric2: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: R336240
  • ResoLotSizeUnits: Acres
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 40880.0
  • Annual Operating Expense: 10570.0

Tax Info

  • Tax Annual Amount: 4120.0
  • Tax Year: 2015

Range of Values:

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Sold Price
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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
06/30/2017 06/30/17 Sold $625,000 -9.3% --
05/22/2017 05/22/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $689,000 -- --
Source: Oregon Datashare

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Oregon Datashare

MLS Number: 102971921

Oregon Datashare