16-unit rental portfolio on just over 8 acres of property. Consisting of 16 lots with 10 homes owned by the seller and the remaining 6 homes are tenant-owned renting the space. The property has potential for gross income of over$200, 000/year! Each lot is independent and 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 and recreation with the world famous Rogue River right nearby - an attraction that draws thousands of travelers each summer who flock to Merlin for rafting and fishing. The Grants Pass city center is just under 9 miles from Tavis Drive providing a variety of dining options, shopping, entertainment, and plentiful health care options.
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The average household income in
Merlin, OR
grew
from
$60,299
to
$62,041
in the past year. This data is an estimate based upon
654
households in
Merlin, OR. The chart below presents how household income is distributed in
Merlin, OR
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Merlin, OR
compared to median property taxes around the country. The prevalent amount of property taxes in
Merlin, OR
equals
$800-$1,500
, which is
more
than the national average.