287 W 5TH AVE Junction City, OR $ 1,400,000
287 W 5TH AVE
$ 1,400,000
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287 W 5TH AVE

Junction City, OR, 97448
$ 1,400,000
Bedrooms1 Baths6.0

Monthly Estimate*

$ 8,840

287 W 5TH AVE, Junction City, OR 97448 - Image 1
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Multi-Family Home for sale in Junction City, OR

for $1,400,000 with 1 bedroom and 6 full baths. This home was built in 1905 on a lot size of 0.14.

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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Multi-Family Active

Price

$ 1,400,000

Bedrooms

1

Full Bath

6

Property Type

Multi-Family

Taxes

$ 4,511

Style

Lot Size

0.14

Year Built

1905

Town/City

Junction City

County/Region

Lane

MLS | Web ID

244936370

Features
General
Sewer PublicSewer
Heating Zoned
Roof Composition
Zoning C2
Year Built 1905
Stories Count 2
Tax Year 2025
Parcel Number 0016236
Gross Income 104340.0
County Lane
Net Operating Income 81993.0
Operating Expense 22346.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Hwy 99 (Ivy) East on 5th. Corner 5th & Holly
High School Junction City
City JunctionCity
Disclosures Disclosure
Number Of Units Total 12
MLS Area _237
Lot Size Square Feet 6098.0
Listing Terms Cash Conventional
Elementary School Laurel
Tax Annual Amount 4511.63
Middle/Junior High School Oaklea
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 1504323405600
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Interior
Basement CrawlSpace
Unit 1 Baths Total 6
Unit 1 Beds Total 1
Unit Type UnitTypeType1
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Exterior
Water Source PublicWater
Total Parking 4.0
Exterior Description CementSiding WoodSiding
Foundation Details ConcretePerimeter
Lot Size Acres 0.14
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Internal Only
Street Number 1 287
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* Excluded Features
List By
Walker Family Development Inc

Broker

walkerfamilyre@yahoo.com

Email

Affordability Calculator

$9,216
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,840
Monthly Property Taxes
$376
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949243 Elementary School
1948888 Middle School
Junction City High School High School
Pricing History
DatePricePrice ChangeDescription
6/30/2026$1,400,000 Listed Price

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287 W 5TH AVE, Junction City, OR, 97448 is a Multi-Family Home for sale at $1,400,000 with a lot size of 0.14. 287 W 5TH AVE has 1 bedrooms, 6.0 baths, and was built in 1905. The property's zip code is 97448 which is in Junction City, OR