287 W 5th Ave, Junction City, OR 97448
Local realty services provided by:ERA Freeman & Associates, Realtors
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 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....
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Home facts
- Year built:1905
- Listing ID #:244936370
- Added:92 day(s) ago
- Updated:October 01, 2026 at 12:04 PM
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
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