92424 Highway 99 S Junction City, OR 97448
Estimated payment $5,004/month
Highlights
- Very Popular Property
- Territorial View
- Lap Siding
- RV Access or Parking
- Corner Lot
- No Heating
About This Home
Discover a rare investment opportunity in Junction City, Oregon! This updated 7-unit multifamily property sits on a generous 1.5-acre lot, zoned Rural Commercial, offering a wealth of development possibilities—including a convenience store, RV park, or storage units. This property has recently undergone a full exterior upgrade with brand-new siding, roofing, windows, and fresh paint, ensuring long-term durability and curb appeal. Inside, 4 of the 7 units have been beautifully renovated, featuring LVP flooring, SS appliances, and modern cabinetry for a clean, contemporary feel. Coin operated laundry for extra income! Whether you're looking to expand your rental portfolio or explore commercial development opportunities, this property offers both immediate cash flow and long-term upside. Don’t miss this unique chance to own a prime piece of real estate with multiple income streams and future potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,951
Year Built
- Built in 1930
Lot Details
- 1.5 Acre Lot
- Corner Lot
- Level Lot
Home Design
- Stem Wall Foundation
- Composition Roof
- Lap Siding
- Cement Siding
Interior Spaces
- 3,780 Sq Ft Home
- 1-Story Property
- Territorial Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- Driveway
- RV Access or Parking
Schools
- Territorial Elementary School
- Oaklea Middle School
- Junction City High School
Utilities
- No Cooling
- No Heating
- Well
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 0051415
Community Details
Overview
- 7 Units
Building Details
- Operating Expense $8,400
- Gross Income $50,400
- Net Operating Income $42,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/26/2025 05/26/25 | For Sale | $850,000 | +150.0% | $225 / Sq Ft |
| 08/23/2019 08/23/19 | Sold | $340,000 | -15.0% | $90 / Sq Ft |
| 07/11/2019 07/11/19 | Pending | -- | -- | -- |
| 10/19/2018 10/19/18 | For Sale | $399,900 | -- | $106 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 773709969
APN: 0051415
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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