387 Tavis Dr Merlin, OR 97532
Merlin NeighborhoodEstimated payment $11,168/month
Highlights
- 8.06 Acre Lot
- Detached Garage
- 1-Story Property
- No HOA
- Cooling Available
- Heating Available
About This Home
16-unit rental portfolio on just over 8 acres of property. Consisting of 16 lots with 10 homes owned by the seller & the remaining 6 homes are tenant-owned renting the space. The property has a current gross rent of approximately $155,000 per year and with some further improvement, has the potential for increasing that to over $200,000/year! Each lot is independent & a new owner could sell off separate lots to create a gain or to tailor the investment to their liking. Located in the heart of Merlin the neighborhood has access to abundant natural beauty & recreation with the world famous Rogue River right nearby - an attraction that draws thousands of travelers each summer who flock to Merlin for rafting & fishing. The Grants Pass city center is just under 9 miles from Tavis Drive providing a variety of dining options, shopping, entertainment, & plentiful health care options.
Listing Agent
John L. Scott Medford Brokerage Email: Alex@MartinOutdoorProperties.com License #200706071 Listed on: 11/05/2025
Co-Listing Agent
John L. Scott Medford Brokerage Email: Alex@MartinOutdoorProperties.com License #201207531
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,639
Year Built
- Built in 1983
Lot Details
- 8.06 Acre Lot
- No Common Walls
- Additional Parcels
Home Design
- Composition Roof
- Metal Roof
Interior Spaces
- 1-Story Property
Parking
- Detached Garage
- Driveway
Schools
- Ft Vannoy Elementary School
- Fleming Middle School
- North Valley High School
Utilities
- Cooling Available
- Heating Available
- Shared Well
- Capping Fill
- Sand Filter Approved
- Septic Tank
Community Details
- No Home Owners Association
- 16 Units
Listing and Financial Details
- Tax Lot 300
- Assessor Parcel Number R303680
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $554 | $69,210 | -- | -- |
| 2024 | $554 | $67,200 | -- | -- |
| 2023 | $461 | $65,250 | $0 | $0 |
| 2022 | $452 | $63,350 | $0 | $0 |
| 2021 | $205 | $31,990 | $0 | $0 |
| 2020 | $234 | $59,720 | $0 | $0 |
| 2019 | $180 | $57,990 | $0 | $0 |
| 2018 | $447 | $56,310 | $0 | $0 |
| 2017 | $162 | $54,670 | $0 | $0 |
| 2016 | $147 | $22,620 | $0 | $0 |
| 2015 | $151 | $24,120 | $0 | $0 |
| 2014 | $144 | $22,900 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $1,999,999 | 0.0% | $195 / Sq Ft |
| 10/31/2025 10/31/25 | Off Market | $1,999,999 | -- | -- |
| 09/03/2024 09/03/24 | Price Changed | $1,999,999 | -9.1% | $195 / Sq Ft |
| 05/20/2024 05/20/24 | For Sale | $2,200,000 | 0.0% | $215 / Sq Ft |
| 03/22/2024 03/22/24 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $2,200,000 | -- | $215 / Sq Ft |
Source: Oregon Datashare
MLS Number: 220168856
APN: R303680
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