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522 SE J St #A & B, Grants Pass, OR, 97526

2beds
0baths
1,344sqft
$340,000
$253price/sqft
$2,137/moest. monthly cost
$85,480/yrincome needed

About This Home

Affordable investment opportunities are getting harder to find! In the heart of Grants Pass, this solid 1978 duplex offers strong income potential and flexibility. Each unit is 1 bed/1 bath, approx. 672 sq ft, with a large living room, galley kitchen, and comfortable bedroom--an easy rental in a strong market. Unit A rents for $975/month, while Unit B is vacant, offering upside to place a new tenant at current rates or live in one side and offset expenses. Includes two tenant storage units and simple, low-maintenance management ideal for self-managing investors. Owner-occupants may qualify for FHA financing with lower rates than investor loans. Proforma cap rate approx. 6.6%

Getting Around

77
WalkingVery Walkable
25
TransitSome Transit
60
BikeBikeable

Schools

7/10
7/10
North Middle SchoolGrades 6-81.6 mi
8/10
Grants Pass High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Traditional
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Range,Range Hood,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Full bathrooms: 2

Features

  • Shower/Tub Combo
  • Window features: Aluminum Frames
  • Flooring: Vinyl
  • Common walls with other units/homes: 1 Common Wall

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Property

Details

  • Parcel number: R310709
  • Zoning description: R-3; Res High Density
  • Special condition: Standard
  • Exclusions: Tenants property

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: None

Lot

  • Lot size: 5,662 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes