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    701 Caves Hwy Cave Junction, OR 97523

    For Sale
    $299,000

    Quadruplex, Bungalow - Cave Junction, OR

    Type:Quadruplex
    Lot size:
    2.48 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 701 Caves Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    Rr5; Rural Res 5 Ac
    APN
    R330405
    Parking features
    Driveway
    Appliances
    Refrigerator
    Lot size
    2.48 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1970
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Bungalow

    EXP REALTY LLC (888) 814-9613 [email protected]

    Listing agent China Rose (888) 814-9613 License #201218988

    Listing date Nov 5, 2025

    MLS# 220208860 Listing URL

    Copyright © 2025 Southern Oregon MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Generating Quadruplex on 2.48 Acres

    This 2.48-acre property in Cave Junction, Oregon, features four residential units and is zoned RR5. It includes three income-producing units and one recently remodeled vacant unit. The property comprises two one-bedroom, one-bathroom cottages, each renting for $825. Additionally, there is a refreshed two-bedroom, one-bathroom cottage, previously rented at $875, with new appliances and flooring. A 1,056-square-foot two-bedroom, one-bathroom modular home is also on the property, renting for $1,000. The tenants operate under month-to-month agreements. The property is supported by a shared well and two septic systems. Located off Highway 199 next to the fire station, this property offers immediate cash flow and potential for future value enhancement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cave Junction
    County
    Josephine
    State
    Oregon
    Longitude
    -123.635055
    Latitude
    42.158335

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    FAQs

    What type of property is this?
    Quadplex - Four-unit income property with development potential in Cave Junction, Oregon.
    Where is this quadplex located?
    The property is located at 701 Caves Hwy Cave Junction, OR.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Four-unit income property on 2.48 acres with RR5 zoning.; - Three income-producing units currently rented, plus one recently remodeled vacant unit.; - Strong income producer with immediate cash flow.
    (888) 814-9613
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    701 Caves Hwy Cave Junction, OR 97523
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Caves Hwy Cave Junction, OR 97523
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