42.158335 -123.635055
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Listed by eXp Realty, LLC, China Rose.

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701 Caves HighwayCave Junction, OR 97523

Active
$295,900
0
0 SqFt

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. Don't miss this solid investment! Owner Will Carry!


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
    Bungalow
  • Bedrooms:
  • Bathrooms:
    0
  • Dwelling Size:
    0 SqFt
  • Lot Size:
    2.48 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1977
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces:
    Features: Driveway, Shared Driveway
  • Area:
  • Views:
  • Schools:
    High School(s): Illinois Valley High
    Middle School(s): Lorna Byrne Middle
    Elementary School(s): Evergreen Elem
  • HOA:
  • Senior Community:
  • Heating:
    Electric
  • Cooling:
    None
  • Appliances:
    Oven, Refrigerator
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
    Carbon Monoxide Detector(s), Smoke Detector(s)
  • Foundation:
    Block,Pillar/Post/Pier
  • Roof:
    Composition

LOCATION


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Listing Office: eXp Realty, LLC. Listing Agent: China Rose. Listing ID: 220208860

Last Updated May 27, 2026 5:17 PM
Data last checked against Oregon DataShare on June 6, 2026 6:37 PM

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