Listed by: China Rose · eXp Realty, LLC

$295,900Price cut $3,100
  • — beds
  • 0 baths
  • — sqft

701 Caves Highway, Cave Junction, OR 97523

Est. $1,715/moPayment calculator
  • QuadruplexHome type
  • Built in 1977Year built
  • 2.48 acresLot
  • NoneHOA

About this home

  • Listed May 27, 2026
  • 129 days on market
  • 32 photos

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

DateEventPrice
May 27, 2026Listed 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%

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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MLSCO

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.