Listed by: China Rose · eXp Realty, LLC
- — beds
- 0 baths
- — sqft
701 Caves Highway, Cave Junction, OR 97523
- QuadruplexHome type
- Built in 1977Year built
- 2.48 acresLot
- NoneHOA
About this home
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!
Facts & features
Interior
- Bathrooms
- 0
- Levels
- One
Appliances
- Oven
- Refrigerator
Heating & cooling
- Electric
- None
Flooring
- Vinyl
Property
- Lot size
- 2.48 acres
- Subdivision
- Josephine Addition To Grants Pass
Parking
- Driveway
- Shared Driveway
Construction
- Home type
- Quadruplex
- Property type
- Residential Income
- Year built
- 1977
Materials
- Frame
- Composition roof
Utilities
Sewer & water
- Septic Tank
- Well water
Community & HOA
- Subdivision
- Josephine Addition To Grants Pass
- HOA dues
- None
- County
- Josephine
Financial & listing details
- List price
- $295,900
- Original list price
- $299,000
- Annual property tax
- $1,887
- Date on market
- May 27, 2026
- Days on market
- 129
- MLS#
- 220208860
Price & status history
| Date | Event | Price |
|---|---|---|
| May 27, 2026 | Listed for sale | $299,000 |
Neighborhood
- SubdivisionJosephine Addition To Grants Pass
- CityCave Junction, OR 97523
- CountyJosephine
Payment calculator
Estimated monthly payment
$1,715/mo
- Principal & interest$1,496
- Property taxes$157
- Homeowners insurance$62
- HOA dues$0
Loan amount $236,720 · 30-year fixed at 6.5%
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 eXp Realty, LLC · Listing agent: China Rose
- Source
- MLS of Central Oregon
- MLS#
- 220208860
- Last updated
- Sep 30, 2026 at 9:36 AM
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.