Listed by: Lynn Johnson · Illinois Valley Real Estate

$175,000
  • — beds
  • 0 baths
  • — sqft

228 W River Street, Cave Junction, OR 97523

Est. $1,015/moPayment calculator
  • DuplexHome type
  • Built in 1946Year built
  • 0.32 acresLot
  • NoneHOA

About this home

  • Listed Jul 7, 2026
  • 87 days on market
  • 1 photos

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.

Facts & features

Interior

Bathrooms
0
Levels
One

Appliances

  • Oven
  • Refrigerator
  • Water Heater

Heating & cooling

  • Baseboard
  • None

Flooring

  • Carpet
  • Vinyl

Property

Lot size
0.32 acres
Subdivision
N/A

Parking

  • Attached Carport

Construction

Home type
Duplex
Property type
Residential Income
Year built
1946

Materials

  • Frame
  • Composition roof

Utilities

Sewer & water

  • Public Sewer
  • Public water

Community & HOA

Subdivision
N/A
HOA dues
None
County
Josephine

Financial & listing details

List price
$175,000
Annual property tax
$1,131
Date on market
Jul 7, 2026
Days on market
87
MLS#
220224809

Price & status history

DateEventPrice
Jul 7, 2026Listed for sale$175,000

Neighborhood

  • SubdivisionN/A
  • CityCave Junction, OR 97523
  • CountyJosephine

Payment calculator

Estimated monthly payment

$1,015/mo

  • Principal & interest$885
  • Property taxes$94
  • Homeowners insurance$36
  • HOA dues$0

Loan amount $140,000 · 30-year fixed at 6.5%

Down payment
Loan term

An estimate for planning, not a loan offer. The 6.5% rate is an example; ask a lender for today’s rate. Taxes use the listing’s annual tax amount. Insurance is estimated; mortgage insurance is not included.

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Listing provided by Illinois Valley Real Estate · Listing agent: Lynn Johnson

Source
MLS of Central Oregon
MLS#
220224809
Last updated
Jul 7, 2026 at 4:10 PM

Listing information is deemed reliable but not guaranteed and should be independently verified. Listings shown are for demonstration while our MLS of Central Oregon IDX feed is being set up.