Listing provided courtesy of Walker Family Development Inc- MLS# 244936370MLS Provider

287 W 5TH AVEJunction City, OR 97448

Multi-Family · 0.14 Acres
$1,400,000 Active

287 W 5TH AVE Overview

Time on Site:
1 hours
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

287 W 5TH AVE Facts & Features

  • Type Multi-Family
  • Lot 0.14 Acres

Details

General

School Information

  • Elementary School: Laurel
  • Middle Or Junior School: Oaklea
  • High School: Junction City

Income/Expenses

  • Gross Income: 104340.0
  • Net Operating Income: 81993.0
  • Operating Expense: 22346.0

Building Information

  • Year Built: 1905

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 237 - Lane Co: Junction City

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 4511.63
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 0016236
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: C2

Interior

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Zoned
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6098.0
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 12
  • Sewer: Public Sewer

287 W 5TH AVE Neighborhood

Community

97448 (Junction City) Demographics

44
Median Age
93
Population Density (per sq. mile)
33%
College Educated
$62,953
Estimated Median Income
3,681
Estimated Total Home Owners
1,574
Estimated Total Renters
70% / 30%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

287 W 5TH AVE Market Data

Based on the last 30 days in this zip code

$593,154
Average List Price
$328
Average Price per Square Foot
15
Properties Sold
134
Average Days on Market
65
Properties for Sale
Calculations provided by Reliance Network

287 W 5TH AVE History

Date Event Value Agent
6/30/2026Source: Regional MLS Added to Database
June 30, 2026