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701 Caves Hwy

Cave Junction OR 97523

2336 sq. ft.
108028.8 sq. ft.
Duplex
Currently for sale - view listing

Overview

Investor Alert! This 4-unit income property on 2.48 acres with RR5 zoning in Cave Junction is a rare find. The property includes 3 income-producing units plus one recently remodeled and currently vacant unit, perfect to live in while collecting rents from the others, or lease all four for maximum return. Features include two 1 bed/1 bath cottages renting at $825 each, a refreshed 2 bed/1 bath cottage rented at $800 with new appliances and flooring, and a 2 bed/1 bath 1,056 sq. ft. modular home renting for $1,000. Supported by a shared well and two septic systems, all tenants are on month-to-month agreements. Conveniently located off Hwy 199 next to the fire station, this strong income producer delivers immediate cash flow with excellent potential for future value-add. Don't miss this solid investment! Owner Will Carry!

Features

2336 sq. ft. floor area
108028.8 sq. ft. lot size
Duplex

Property history for 701 Caves Hwy

2024
Sold
$259,000
30 Sep 2024 by Melanie Estes, of eXp Realty, LLC (W - SR02 - Oregon)
2005
Sold
$255,000
31 Aug 2005 by Patricia Brown, of Junction Realty

Happy sellers in Cave Junction

~%

We have insufficient information to provide an overview of customer satisfaction for Cave Junction. Viewing the agent profiles, reviews and sales for Cave Junction can provide insights for this location.

Local market activity for duplexes in Cave Junction

In the last 12 months, 2 duplexes similar to 701 Caves Hwy, have been sold.

This represents a 34% increase in duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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