287 W 5th Ave, Junction City, OR 97448

Junction City
Local realty services provided by:Knipe Realty ERA Powered
287 W 5th Ave,Junctioncity, OR 97448
$1,400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: corey walker
Office: walker family development inc541-954-8588
MLS#:244936370
Source:PORTLAND

Price summary

  • Price:$1,400,000

About this home

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...

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Home facts

  • Year built:1905
  • Listing ID #:244936370
  • Added:51 day(s) ago
  • Updated:August 21, 2026 at 11:39 AM

Rooms and interior

  • Basement Description:Crawl Space

Heating and cooling

  • Heating:Zoned

Structure and exterior

  • Roof:Composition
  • Year built:1905
  • Lot area:0.14 Acres
  • Foundation Description:Concrete Perimeter
  • Levels:2 Stories

Schools

  • High school:Junction City
  • Middle school:Oaklea
  • Elementary school:Laurel

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,400,000
  • Tax amount:$4,512 (2025)

Parking

  • Total parking spaces:4
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 21, 2026

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