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3007 SW University Road

Grants Pass, OR 97527
  • $411,500
  • STATUS: Closed
  • ON SITE: 534 Days
  • MLS #: 220170433
Sold - 10/20/2023
$411,500
SOLD - 10/20/2023
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,256
    SQFT
  • $0
    $/SQFT
Neighborhood:
N/A
Type:
Multi-Family
Built:
2006
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of RE/MAX Integrity Grants Pass :.

Description

Exemplary investment opportunity in a beautiful, well-kept duplex in Horizon Village! All units are wheelchair accessible, check out horizonvillage.com for community info. A wonderful and friendly place to retire! Ring Doorbells on both units. 4K Security cameras are installed outside. New carpets, paint, fixtures, blinds. New AC/Heat system, refrigerators and washing machine. Low Energy bills. New sink and faucet fixtures in Kitchen and Bath. Duplex is like new. HOA fee covers water, drip irrigation, landscape maintenance, lawn care, community room, dog park, community gazebo and social fund. New 6' Vinyl fencing for privacy. 30 Yr. Roof has been maintained annually. Gross income is $33,240 with $25,680 net after HOA, Insurance, Taxes, City Sewer. The cap rate on the net is 5.4% and 6.9% on Gross income. Vacancy rate is almost nonexistent in Horizon Village with an ongoing waiting list. The new price adjustment recognizes desired cap rates. SELLER MOTIVATED

Monthly Payment Calculator

Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2025-02-13T23:43:52.807
www.arendsrealtygroup.com/homes/142891134
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3007 SW University Road Grants Pass, OR 97527

  • Price: $479,000
  • Status: Closed
  • On Site: 534 Days
  • Updated: 34 min ago
  • MLS #: 220170433
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2,256
SQFT
$0
$/SQFT
2006
Built
Neighborhood:
N/A
County:
Josephine
Area:
Grants Pass
Elementary School:
Check With District
Middle School:
Check With District
High School:
Check With District
Property Description
Exemplary investment opportunity in a beautiful, well-kept duplex in Horizon Village! All units are wheelchair accessible, check out horizonvillage.com for community info. A wonderful and friendly place to retire! Ring Doorbells on both units. 4K Security cameras are installed outside. New carpets, paint, fixtures, blinds. New AC/Heat system, refrigerators and washing machine. Low Energy bills. New sink and faucet fixtures in Kitchen and Bath. Duplex is like new. HOA fee covers water, drip irrigation, landscape maintenance, lawn care, community room, dog park, community gazebo and social fund. New 6' Vinyl fencing for privacy. 30 Yr. Roof has been maintained annually. Gross income is $33,240 with $25,680 net after HOA, Insurance, Taxes, City Sewer. The cap rate on the net is 5.4% and 6.9% on Gross income. Vacancy rate is almost nonexistent in Horizon Village with an ongoing waiting list. The new price adjustment recognizes desired cap rates. SELLER MOTIVATED
Exterior Features

Architectural Style Traditional Attached Garage YN Yes Construction Materials Frame Exterior Features [] Foundation Details Concrete Perimeter Lot Features [] Parking Features Attached Roof Composition Window Features []

Interior Features

Appliances CooktopDishwasherDryerOvenRefrigeratorWasherWater Heater Basement [] Cooling Central Air Cooling YN Yes Fireplace Features Gas Fireplace YN Yes Flooring Carpet Heating Natural Gas Heating YN Yes Interior Features [] Levels One Unit1 Bedrooms 2 Unit1 Full Baths 1 Unit2 Bedrooms 2 Unit2 Full Baths 1

Property Features

Accessibility Features Accessible BedroomAccessible Entrance Additional Parcels YN No Association Amenities ClubhouseLandscapingWater Association Fee 350 Association Fee Frequency Monthly Association YN Yes Building Area Total 2256 CCRs YN Yes Common Walls 1 Common Wall Community Features Gas Available Listing Terms CashConventional New Construction YN No Other Structures [] Property Sub Type Duplex Road Frontage Type [] Road Surface Type [] Security Features Carbon Monoxide Detector(s) Sewer Public Sewer Short Term Rental Permit YN No Special Listing Conditions Standard Tax Annual Amount 1854.01 Tax Year 2022 Unit1 Monthly Rent 1400 Unit1 Rent Includes Garbage Yes Unit1 Rent Includes Landscaping Yes Unit1 Rent Includes Sewer Yes Unit1 Rent Includes Water Yes Unit1 Status Leased Unit2 Monthly Rent 1370 Unit2 Rent Includes Landscaping Yes Unit2 Rent Includes Sewer Yes Unit2 Rent Includes Water Yes Unit2 Status Leased View [] Water Source Other Waterfront Features [] Zoning Description R-3; Res High D

Listing information © 2025 MLS of Central Oregon
Listing provided courtesy of RE/MAX Integrity Grants Pass :.

Central Oregon Association of Realtors logo © 2025 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Ponderosa Properties, LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Ponderosa Properties, LLC. Data last updated: .2025-02-13T23:43:52.807
 
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Arends Realty Group | Ponderosa Properties, LLC
178 S Elm St Suite 102/103
Sisters OR, 97759
Listing provided courtesy of RE/MAX Integrity Grants Pass :.