47 SW Eastern Avenue 5,6 & 7 Unit 5,6 & 7, Grants Pass, OR 97526

$400,000

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Listing courtesy of RE/MAX Platinum. Selling Office: .

Sold Price
$400,000
List Price
$359,430
Closing Date
Sep 16, 2025
MLS#
220208121
Status
CLOSED
City
Grants Pass
County
Josephine
Year Built
1994

Property Description

Three condominiums in Grants Pass featuring 2BD/2BA townhome-style units, each 1,232 SF with an attached single-car garage. Built in 1986, each two-story unit has separate gas/electric meters. Stable occupancy with steady rental income, including partial HUD-supported rents. Professionally managed with HOA fees of $675 / month. Fees include water, sewer and garbage. Large open parking area in addition to single car garages. Maintenance and capital improvements in the past year include HVAC replacement, flooring, and appliance upgrades. Located near shopping, services, and commuter routes, this property offers reliable cash flow with room for operational optimization.

Additional Information

HOA Fee
$675
Taxes
$1,394
Acres
0.06
View
Neighborhood
Water
Public
Heating
Electric, Heat Pump
Foundation
Concrete Perimeter
Flooring
Carpet, Vinyl
Elementary School
Parkside Elem
Middle School
South Middle
High School
Grants Pass High

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Calculator source: Real Geeks

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