701 Caves, Cave Junction, OR 97523
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
701 Caves,Cave Junction, OR 97523
$299,000
- - Beds
- - Baths
- 2,336 sq. ft.
- Multi-family
- Active
Listed by:china rose
Office:exp realty, llc.
MLS#:220208860
Source:OR_SOMLS
Price summary
- Price:$299,000
- Price per sq. ft.:$128
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 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 (previously rented at $875) 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!
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Home facts
- Year built:1970
- Listing ID #:220208860
- Added:1 day(s) ago
- Updated:September 06, 2025 at 09:53 PM
Rooms and interior
- Living area:2,336 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:1970
- Building area:2,336 sq. ft.
- Lot area:2.48 Acres
Utilities
- Water:Well
- Sewer:Septic Tank
Finances and disclosures
- Price:$299,000
- Price per sq. ft.:$128
- Tax amount:$1,887 (2024)
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