Permitted Triplex with 12
287 W 5th Ave Junction City, OR 97448
287 W 5th Ave, Junction City, OR, 97448
$1,400,000
For Sale
$1,400,000
For sale permitted triplex with 12 individually leased bedrooms and tenants paying all utilities.
Days on Market23
Property Features for 287 W 5th Ave
General Information
- Standard status
- Active
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1905
Listing agency
Walker Family Development Inc
(541) 954-8588
Listed by
Corey Walker · License #971100111
(541) 954-8588
Source
Allprofessionalsre
Added: Jun 30 Updated: Jul 22 at 5:48AM Checked: Jul 22 at 5:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walker Family Development Inc
Investment Insights
Based on property information with market context.
This permitted triplex income property is configured to lease 12 individual bedrooms rather than traditional apartment units. The property is described as nearly $8,700 per month in gross rents, and it is reported to be 100% occupied. Tenants pay all utilities, supporting a streamlined operating structure.
The property is presented for sale as a fully tenanted, performing asset from closing day forward, with the remarks indicating no lease-up or vacancy stabilization period at acquisition. No additional interior or exterior specifications beyond the bedroom/lease structure and permitted triplex configuration are provided in the available information.
The property is presented for sale as a fully tenanted, performing asset from closing day forward, with the remarks indicating no lease-up or vacancy stabilization period at acquisition. No additional interior or exterior specifications beyond the bedroom/lease structure and permitted triplex configuration are provided in the available information.
Key Highlights
- Permitted triplex built in 1905.
- Leased as 12 individually rented bedrooms instead of 3 traditional units.
- Nearly $8,700/month in gross rents.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - For sale permitted triplex with 12 individually leased bedrooms and tenants paying all utilities.
Where is this triplex located?
The property is located at 287 W 5th Ave Junction City, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Permitted triplex built in 1905.; Leased as 12 individually rented bedrooms instead of 3 traditional units.; Nearly $8,700/month in gross rents.