Investment opportunity in prime location. Discover the potential in this duplex property situated on a spacious .32 acre level lot with a large open yard offering ample outdoor space. With a total of 1248 square feet, this duplex features two separate 2 bedroom, 1 bath units, each with its own unique advantages. Ideal for investors looking to expand their portfolio. The first unit offers approximately 624 sq ft of living space and includes a cozy enclosed back porch providing additional storage or relaxation space. The second unit, also approximately 624 sq ft features an enclosed carport with washer and dryer hookups, adding convenience and increased rental appeal. Both units have long-term tenants, presenting an immediate income stream. While the property would benefit from updating, it holds strong potential for value-add improvements and increased returns. Located close to local amenities and positioned in a desirable rental area.
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!
Flexible purchase options include Owner Will Carry financing and an Assumable loan at 3.25%. Charming Duplex in the Heart of Cave Junction! Well-kept 2-bed/2-bath duplex with mirrored layouts (Unit B shown here), each featuring vaulted ceilings, skylights, washer/dryer, and attached garage. Recent updates include durable flooring, efficient heat pumps, and low-maintenance finishes. Both units privately fenced, with Unit B offering a larger patio for outdoor living and entertaining. The property sits on a generous lot with ample parking and a detached shop/storage building. Located just steps from schools, Jubilee Park, and downtown conveniences, while still tucked back for peace and privacy. Strong rental history with long-term tenants makes this an excellent investment or a chance to live in one unit while generating income from the other. A rare opportunity in a desirable, walkable location!
Rural Commercial Zoning, lots of possibilities. Come see the opportunities available to you with this income property. The value is in the land. 3 units in total features, main home with 1 car garage and a duplex set-up. This is an AS/IS purchase. Will need 24-hour notice for showings. Please do not disturb current tenants.
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Cave Junction is located in Oregon. Cave Junction, Oregon has a population of 2,039. Cave Junction is less family-centric than the surrounding county with 24.75% of the households containing married families with children. The county average for households married with children is 25.08%.
The median household income in Cave Junction, Oregon is $30,033. The median household income for the surrounding county is $51,733 compared to the national median of $69,021. The median age of people living in Cave Junction is 40.7 years.
The average high temperature in July is 91.9 degrees, with an average low temperature in January of 32.5 degrees. The average rainfall is approximately 43.5 inches per year, with 7.1 inches of snow per year.