Courtesy: Illinois Valley Real Estate
541-592-4464
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.
Courtesy: eXp Realty, LLC
888-814-9613
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!
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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.
