228 W River St Cave Junction, OR 97523
Estimated payment $1,015/month
Highlights
- No HOA
- 1-Story Property
- Baseboard Heating
- Enclosed Patio or Porch
- Attached Carport
- Level Lot
About This Home
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 approximately 624 sq ft of living space and includes a cozy enclosed back porch providing additional storage or relaxation space. The second unit, also approximately 624 sq ft features an enclosed carport with washer and dryer hookups, adding convenience and increased rental appeal. Both units have long-term tenants, presenting an immediate income stream. While the property would benefit from updating, it holds strong potential for value-add improvements and increased returns. Located close to local amenities and positioned in a desirable rental area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,131
Year Built
- Built in 1946
Lot Details
- 0.32 Acre Lot
- 1 Common Wall
- Level Lot
Parking
- Attached Carport
Home Design
- Duplex
- Frame Construction
- Composition Roof
Interior Spaces
- 1-Story Property
- Fire and Smoke Detector
- Oven
Flooring
- Carpet
- Vinyl
Outdoor Features
- Enclosed Patio or Porch
Schools
- Evergreen Elementary School
- Lorna Byrne Middle School
- Illinois Valley High School
Utilities
- No Cooling
- Baseboard Heating
- Water Heater
Listing and Financial Details
- Tax Lot 1200
- Assessor Parcel Number R329721
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Professional Management Expense $2,010
- Gross Income $20,100
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,098 | $94,960 | -- | -- |
| 2024 | $1,098 | $92,200 | -- | -- |
| 2023 | $948 | $89,520 | $0 | $0 |
| 2022 | $973 | $86,920 | -- | -- |
| 2021 | $911 | $84,390 | $0 | $0 |
| 2020 | $923 | $81,940 | $0 | $0 |
| 2019 | $896 | $79,560 | $0 | $0 |
| 2018 | $903 | $77,250 | $0 | $0 |
| 2017 | $888 | $75,000 | $0 | $0 |
| 2016 | $754 | $72,820 | $0 | $0 |
| 2015 | $732 | $70,700 | $0 | $0 |
| 2014 | $717 | $68,650 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | For Sale | $175,000 | +110.8% | $13 / Sq Ft | |
| 10/18/2013 10/18/13 | Sold | $83,000 | -99.2% | -- | View Prior Sale |
| 08/07/2013 08/07/13 | Pending | -- | -- | -- | |
| 03/21/2012 03/21/12 | For Sale | $10,990,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $83,000 | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $62,000 | Seller Take Back |
Source: Oregon Datashare
MLS Number: 220212214
APN: R329721
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