10
See all 10 photos
Listed by Walker Family Development Inc
$1,400,000
Est. payment /mo
6,098 Sqft Lot
New
287 W 5TH AVE Junction City, OR 97448
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 244936370
Year Built 1905
Annual Tax Amount $4,511
Tax Year 2025
Lot Size 6,098 Sqft
Property Description
An exceptional opportunity to acquire a high-performing income property in the heart of downtown Junction City. This permitted triplex offers a unique investment model that maximizes rental income by leasing 12 individual bedrooms rather than the three units as traditional apartments. This is a rare, income-maximized, engine generating, nearly $8,700/month in gross rents. This concept not only helps maximize the property's income stream, but minimizes the vacancy loss as well if a tenant moves out, you still have 11 others still paying. This model is so effective and keeps occupancy so high because of housing affordability and the high demand of low-income renters in the Junction City area. Leasing individual bedrooms rather than whole units — producing gross revenues substantially above what traditional unit-by-unit rental would yield in this submarket. With Junction City positioned as an affordable alternative to Eugene's tightening rental market, demand for individual rooms is strong and growing. 100% Occupied — Day-One Cash Flow. Tenants pay all utilities. No lease-up risk. No vacancy stabilization period. A buyer steps into a fully tenanted, fully performing asset from closing day forward.
Location
State OR
County Lane
Area _237
Zoning C2
Rooms
Basement Crawl Space
Interior
Heating Zoned
Exterior
Roof Type Composition
Garage No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Laurel
Middle Schools Oaklea
High Schools Junction City
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
GET MORE INFORMATION