701 Caves Highway, Cave Junction, OR 97523

Cave Junction
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
701 Caves Highway,Cave Junction, OR 97523
$295,900
  • - Beds
  • - Baths
  • 2,336 sq. ft.
  • Multi-family
  • Active
Listed by: china rose, shauna mayfield
Office: exp realty, llc.
MLS#:220208860
Source:OR_SOMLS

Price summary

  • Price:$295,900
  • Price per sq. ft.:$126.67

About this home

Investor Alert! This 4-unit income property on 2.48 acres with RR5 zoning in Cave Junction is a rare find. The property includes 4 income-producing units. 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!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1977
  • Subdivision & Development:Josephine Addition To Grants Pass
  • Listing ID #:220208860
  • Added:385 day(s) ago
  • Updated:September 27, 2026 at 02:37 PM

Rooms and interior

  • Flooring:Vinyl
  • Kitchen Description:Oven, Refrigerator
  • Living area:2,336 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Composition
  • Year built:1977
  • Building area:2,336 sq. ft.
  • Lot area:2.48 Acres
  • Lot Features:Level
  • Construction Materials:Frame
  • Foundation Description:Block, Pillar/Post/Pier
  • Levels:1 Story

Schools

  • High school:Illinois Valley High
  • Middle school:Lorna Byrne Middle
  • Elementary school:Evergreen Elem

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$295,900
  • Price per sq. ft.:$126.67
  • Tax amount:$1,887 (2024)

Features and amenities

  • Appliances:Oven, Refrigerator

Parking

  • Parking description:Driveway, Shared Driveway

New listings near 701 Caves Highway