1702 NE Fairview Avenue Grants Pass, OR 97526

Welcome to 1702 NE Fairview Avenue, a newer-vintage five-unit apartment complex centrally located in Grants Pass, Oregon. A rare public offering of a five-plex, the property presents an extraordinary opportunity to step into an established, income-producing asset in the heart of the commerce corridor in beautiful Grants Pass!

The property itself consists of five units, across one 2-story triplex and one, single-story duplex, all on one corner lot. While retaining much of its original character, the property has been remodeled and updated throughout the years. All five units are currently occupied, with low turnover.

While most tenants have been at the property for an above-average term, rents have been regularly increased to follow market growth. Currently, there is strong and balanced cashflow, with room to grow rents still seen in the rent roll.

Sited on an efficient, easily accessible corner lot, the property enjoys a central location in Grants Pass. The complex is walkable to every convenience, including multiple grocery stores, restaurants, soft goods retail, and Grants Pass High School, and enjoys an easy, short drive to I-5 access and many other schools, parks, and entertainment.

All of the stunning Rogue Valley is accessible with an easy drive, such as Crater Lake National Park, the Rogue River, and abundant recreational opportunities.

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