701 Caves Highway, Cave Junction, OR 97523

$295,900
  • 701 Caves Highway, Cave Junction, OR 97523 Main Photo

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Active Price Reduced by $3,100 on May 26th, 2026
BEDS0 BATHS SQUARE FEET2,336 MLS#220208860
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJosephine Addition To Grants Pass

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. Dont miss this solid investment! Owner Will Carry!

701 Caves Highway | MLS# 220208860

This multi-family property located at 701 Caves Highway, Cave Junction, OR 97523 is currently listed for sale with an asking price of $295,900. Search Cave Junction real estate on www.fnrhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Heating: Electric
Home Style: Bungalow
Lot Size: 2.48 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $1,886
Year Built: 1977

Feature Descriptions

Exterior: Frame
Sewer: Septic Tank
Units: 4

Local Schools

High School: Illinois Valley
Middle School: Lorna Byrne
Elementary School: Evergreen

Listed By / Shown By

Listed By

Agency Name: eXp Realty, LLC

Shown By

Agency Title: Fisher-Nicholson Realty LLC
Agency Phone: 800-460-8124

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Estimated Payment

$ 1,838.30 per month $1,594.83 Principal & Interest $157.17 Property Tax $86.30 Homeowner's Insurance

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