16-unit rental portfolio on just over 8 acres of property. Consisting of 16 lots with 10 homes owned by the seller & the remaining 6 homes are tenant-owned renting the space. The property has a current gross rent of approximately $155,000 per year and with some further improvement, has the potential for increasing that to over $200,000/year! Each lot is independent & 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 & recreation with the world famous Rogue River right nearby - an attraction that draws thousands of travelers each summer who flock to Merlin for rafting & fishing. The Grants Pass city center is just under 9 miles from Tavis Drive providing a variety of dining options, shopping, entertainment, & plentiful health care options.
Active
$1,999,999
387 Tavis Dr, Merlin, OR 97532
--beds
0baths
10,236sqft
Est.:
Multi Family, Manufactured Home
Built in 1983
-- sqft lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
- 919 days |
- 153 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 18, 2026 at 10:27am
Listed by:
John L. Scott Medford Alex@MartinOutdoorProperties.com
Source: Oregon Datashare,MLS#: 220168856
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other
Cooling
- Other
Features
- Flooring: Other
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 10,236
- Total interior livable area: 10,236 sqft
Property
Parking
- Parking features: Detached, Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
Lot
- Size: 8.06 Acres
Details
- Additional parcels included: 16 total lots (see attached docs)
- Parcel number: R303680
- Zoning description: CR-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Manufactured Home
Materials
- Foundation: Other
- Roof: Composition,Metal
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Capping Fill, Sand Filter, Septic Tank, Other
- Water: Shared Well, Other
Community & HOA
HOA
- Has HOA: No
Location
- Region: Merlin
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $121,870
- Annual tax amount: $7,638
- Date on market: 11/5/2025
- Cumulative days on market: 919 days
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,458/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2024 | Price change | $1,999,999-9.1%$195/sqft |
Source: | ||
| 5/20/2024 | Listed for sale | $2,200,000$215/sqft |
Source: | ||
| 3/22/2024 | Pending sale | $2,200,000$215/sqft |
Source: | ||
| 8/1/2023 | Listed for sale | $2,200,000+3900%$215/sqft |
Source: | ||
| 3/31/2023 | Listing removed | $55,000$5/sqft |
Source: | ||
| 2/15/2023 | Price change | $55,000-21.4%$5/sqft |
Source: | ||
| 1/13/2023 | Price change | $70,000-11.4%$7/sqft |
Source: | ||
| 12/19/2022 | Listed for sale | $79,000$8/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2019 | $453 | $57,990 +3% |
| 2018 | $453 +1.5% | $56,310 +3% |
| 2017 | $447 +204.8% | $54,670 +141.7% |
| 2016 | $147 | $22,620 -6.2% |
| 2015 | $147 +2% | $24,120 +5.3% |
| 2014 | $144 | $22,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,833/mo
Principal & interest
$9916
Property taxes
$917
More affordability tools
Climate risks
Neighborhood: 97532
Nearby schools
GreatSchools rating
- 8/10Manzanita Elementary SchoolGrades: K-5Distance: 2.6 mi
- 6/10Fleming Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10North Valley High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Ft Vannoy Elem
- Middle: Fleming Middle
- High: North Valley High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 97532
- Oregon
- Josephine County
- Merlin
- 97532
- 387 Tavis Dr




