About 1704 Ne Fairview Avenue
An ideal income-producing asset, 1703 NE Fairview Lane in Grants Pass presents a steady, turn-key investment with a strong financial foundation. This 6-plex features desirable 2-bedroom, 1-bathroom units complete with covered parking, making it consistently attractive to quality long-term tenants. Currently operating at a solid 6.9% cap rate, the property delivers immediate, dependable cash flow from day one. Its exceptional track record of being 100% occupied for years highlights steady tenant demand, driven by an unbeatable location steps away from local shopping centers, dining, and regional medical facilities. While current rents sit near market averages, an investor has a clear runway for modest upside. Updates include mini splits in 2025, fresh exterior paint in 2026, and newer roofing. Perfect for an investor seeking a reliable, low-vacancy multi-family asset with upside potential.
Features of 1704 Ne Fairview Avenue
| MLS® # | 220228417 |
|---|---|
| Price | $800,000 |
| Acres | 0.30 |
| Year Built | 1978 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 1704 Ne Fairview Avenue |
|---|---|
| Subdivision | N/A |
| City | Grants Pass |
| County | Josephine |
| State | OR |
| Zip Code | 97526 |
Amenities
| Parking | Asphalt, Assigned, Detached Carport, Storage |
|---|---|
| Is Waterfront | No |
Interior
| Interior Features | Laminate Counters, Linen Closet, Shower/Tub Combo |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Oven, Range, Range Hood, Refrigerator, Washer, Water Heater |
| Heating | Ductless |
| Cooling | Ductless |
| Fireplace | No |
| Stories | Two |
Exterior
| Windows | Aluminum Frames |
|---|---|
| Roof | Composition |
| Construction | Frame |
| Foundation | Slab |
School Information
| Elementary | Lincoln Elem |
|---|---|
| Middle | North Middle |
| High | Grants Pass High |
Additional Information
| Date Listed | September 9th, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | R-4 |
Listing Details
| Office | Cascade Hasson Sotheby's International Realty |
|---|
