2360 REDWOOD AVE
Grants Pass, OR, 97527 $ 150,000
Bedrooms2 Baths1.0 Sq 780 Monthly Estimate*
$ 924
for $150,000 with 2 bedrooms and 1 full bath. This 780 square foot home was built in 1948 on a lot size of 0.18.
Investor Opportunity – Triple-Unit Property on a Spacious .18-Acre Lot for only $150,000! Don’t miss this rare chance to own a versatile, income-producing property featuring three separate residences on a generous .18-acre lot. Opportunities like this are increasingly hard to find, offering strong rental potential, house-hack flexibility, or long-term value-add upside. The first residence offers 2 bedrooms and 1 bathroom with a functional layout, abundant natural light, and a welcoming covered front patio. A detached 11x12 shed adds valuable storage or workspace. The second home features 3 bedrooms, 1 bathroom, plus a bonus room, ideal for added living space, an office, or creative use. The third unit is a 1-bedroom, 1-bath residence, perfect for supplemental rental income. Have you been searching for years trying to find the right rental opportunity? Well, this is definitely it! All three homes present excellent value-add potential and would benefit from cosmetic updates, making this an ideal project for investors looking to build equity and maximize returns. Each unit includes open living areas, functional kitchens, private yard spaces, partial fencing, and separate entrances for enhanced privacy. Conveniently located just minutes from dining, golf courses, scenic parks with hiking trails, and Rogue Community College, this property offers both immediate income possibilities and long-term appreciation potential. A unique multi-unit investment opportunity you won’t want to miss!
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FeaturesInteriorInterior Amenities CeilingFan Laundry WalltoWallCarpet
Hot Water Electricity
Total Bathrooms 1.0
Total Bedrooms 2
Total Baths 1
1/2 Baths 0
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GeneralSewer PublicSewer
Heating WallHeater
Roof Composition
Appliances FreeStandingRange FreeStandingRefrigerator RangeHood
Garage Spaces 0
Architectural Style Stories1
Year Built 1948
Stories Count 1
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number R319445
County Josephine
Property Type Residential
HOA N
Full Baths 1
Status Pending
Directions US-199S R on Redwood Hwy R on Willow Ln R on Redwood Ave.
High School Grants Pass
City GrantsPass
Disclosures Disclosure
MLS Area _665
Lot Size Square Feet 7840.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Redwood
Tax Annual Amount 2440.76
Middle/Junior High School South
Property Condition Resale
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description ACRES 0.18
ADU False
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ExteriorExterior Amenities Fenced Porch ToolShed Yard
Parking Features Driveway
Lot Features Level
Water Source Well
Total Parking 0
Exterior Description Other
Building Area Total 780.0
Lot Size Acres 0.18
Road Surface Type Paved
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $924
- Monthly Property Taxes
- $203
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Grants Pass, OR
Average List Price $782,547
Percent of Sale Price 422%
About Grants Pass, OR 37,277 Population
22% Since 2002
$ 37,444 Median Income
40.56 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
5241626 Elementary School
2810194 Middle School
Grants Pass High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/1/2026 | $150,000 | | Listed Price |