287 W 5th Ave, Junction City, OR 97448
Local realty services provided by:CENTURY 21 Agate Realty
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....
Contact an agent
Home facts
- Year built:1905
- Listing ID #:244936370
- Added:71 day(s) ago
- Updated:September 10, 2026 at 11:58 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
New listings near 287 W 5th Ave
- New
$490,000Active3 beds 2 baths1,414 sq. ft.959 W 17th Ave, JunctionCity, OR 97448
MLS# 376557354Listed by: HYBRID REAL ESTATE - New
$469,000Active3 beds 3 baths1,893 sq. ft.460 Timothy St, JunctionCity, OR 97448
MLS# 147032643Listed by: HEART AND HOME REAL ESTATE - New
$534,900Active3 beds 2 baths1,763 sq. ft.1221 Juniper St, JunctionCity, OR 97448
MLS# 411206087Listed by: RE/MAX INTEGRITY
$469,000Active3 beds 2 baths1,492 sq. ft.1070 Prairie Meadows Ave, JunctionCity, OR 97448
MLS# 563302600Listed by: EXP REALTY, LLC
$525,000Active4 beds 3 baths2,334 sq. ft.2601 W 13th Pl, JunctionCity, OR 97448
MLS# 753921404Listed by: COLDWELL BANKER PROFESSIONAL GROUP
$439,900Active4 beds 2 baths1,468 sq. ft.953 W 17th Ave, JunctionCity, OR 97448
MLS# 352718284Listed by: OREGON LIFE HOMES
$499,900Pending3 beds 2 baths2,059 sq. ft.1206 Alderdale Dr, JunctionCity, OR 97448
MLS# 134075541Listed by: ELITE REALTY PROFESSIONALS
$379,000Pending3 beds 1 baths1,021 sq. ft.160 Saxon Pl, JunctionCity, OR 97448
MLS# 590069258Listed by: TRIPLE OAKS REALTY LLC
$514,900Active3 beds 3 baths2,143 sq. ft.1451 Gladiola Dr, JunctionCity, OR 97448
MLS# 284956305Listed by: TRIPLE OAKS REALTY LLC
$410,000Active3 beds 3 baths1,720 sq. ft.1126 W 6th Ave, JunctionCity, OR 97448
MLS# 751707224Listed by: MARTIN & CO REALTY