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701 Caves Highway, Cave Junction, OR 97523
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$299,000
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Home Details for 701 Caves Highway
Price
$299,000
Type
Multi Family
Year Build
1970
Lot Size
2.48
County
Josephine
Tax
$1,886.65
MLS®️ Listing#
220208860
On exitrealty.com
134 days
Property Description
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!
- Water Features
- Private
- Well
- Parking
- Driveway
- Shared Driveway
- Cooling Information
- None
- Heating Information
- Electric
School Information
School Information for 701 Caves Highway
Elementary School
Evergreen Elem
Middle School
Lorna Byrne Middle
High School
Illinois Valley High
Listing Courtesy: eXp Realty, LLC - 888-814-9613
Last Updated: 2025-12-26 17:45:27
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Market statistics compiled from data from Oregon Datashare.
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$299,000
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EXIT REALTY BEND
805 SW Industrial Way, Suite 4, Bend, OR 97702