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Cave Junction, OR Multifamily Homes & Duplexes for Sale

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    $295,900

    $3K PRICE DROP
    • 6 Beds
    • 3 Baths
    • 2,336 Sq Ft

    701 Caves Hwy, Cave Junction, OR 97523

    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

    China Rose eXp Realty, LLC

    701 Caves Hwy, Cave Junction, OR 97523
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    $175,000

    • 4 Beds
    • 2 Baths
    • 13,939 Sq Ft

    228 W River St, Cave Junction, OR 97523

    Investment opportunity in prime location. Discover the potential in this duplex property situated on a spacious .32 acre level lot with a large open yard offering ample outdoor space. With a total of 1248 square feet, this duplex features two separate 2 bedroom, 1 bath units, each with its own unique advantages. Ideal for investors looking to expand their portfolio. The first unit offers

    Lynn Johnson Illinois Valley Real Estate

    228 W River St, Cave Junction, OR 97523

Why Live in Cave Junction

Cave Junction, located in Southern Oregon’s Illinois Valley, is a tight-knit community of just over 2,000 residents. The town is known for its community-oriented atmosphere, where locals frequently visit staples like Taylor's Sausage Country Store and run into friends. Cave Junction offers a variety of dining options along U.S. Route 199, including Carlos Restaurante, Wild River Brewing & Pizza Co., River Valley Restaurant, and Pietro's Italian Restaurant. Grocery shopping is convenient with Shop Smart and Grocery Outlet supermarkets nearby. Housing in Cave Junction ranges from early 20th-century homes to new constructions, including bungalows, ranch-style homes, and manufactured homes, many with mountain views. The area is known for its affordable housing prices compared to other communities in the valley. Outdoor enthusiasts enjoy the Illinois River for rafting and kayaking, and the Illinois River Fork State Park offers trails and a disc golf course. The nearby Oregon Caves National Monument and Preserve features marble caves and additional trails. Community events such as the Cave Junction Farmers Market and the annual Labor Day Festival at Jubilee Park are popular local traditions. Commuters have access to U.S. Route 199, connecting them to Grants Pass 30 miles north, which offers more retail options and the closest full-service hospital.

Home Price Trends

Median Sale Price
$299,000
Median Single Family Sale Price
$317,450
Median 2 Bedroom Sale Price
$260,000
Average Price Per Sq Ft
$210
Number of Homes for Sale
24
Last 12 months Home Sales
27
Months of Supply
10.70
Median List Price
$326,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-4%
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