Investment opportunity in prime location. Discover the potential in this duplex property situated on a spacious .32 acre level lot with a large open yard offering ample outdoor space. With a total of 1248 square feet, this duplex features two separate 2 bedroom, 1 bath units, each with its own unique advantages. Ideal for investors looking to expand their portfolio. The first unit offers approximately 624 sq ft of living space and includes a cozy enclosed back porch providing additional storage or relaxation space. The second unit, also approximately 624 sq ft features an enclosed carport with washer and dryer hookups, adding convenience and increased rental appeal. Both units have long-term tenants, presenting an immediate income stream. While the property would benefit from updating, it holds strong potential for value-add improvements and increased returns. Located close to local amenities and positioned in a desirable rental area.
Active
$175,000
228 W River St, Cave Junction, OR 97523
4beds
13,939sqft
Duplex, Multi Family
Built in 1946
-- sqft lot
$-- Zestimate®
$13/sqft
$-- HOA
What's special
- 62 days
- 834
- 27
Zillow last checked:
Listing updated:
Listed by:
Illinois Valley Real Estate 541-592-4464
Source: Oregon Datashare,MLS#: 220224809
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Oven, Refrigerator, Water Heater
Features
- Flooring: Carpet, Vinyl
- Basement: None
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 13,939
- Total interior livable area: 13,939 sqft
Property
Parking
- Parking features: Attached Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed, Rear Porch
Lot
- Size: 0.32 Acres
- Features: Level
Details
- Additional structures: Other
- Parcel number: R329721
- Zoning description: Sr; Single Fam Res
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Duplex, Multi Family
Materials
- Frame
- Foundation: Other
- Roof: Composition
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Cave Junction
Financial & listing details
- Price per square foot: $13/sqft
- Tax assessed value: $196,340
- Annual tax amount: $1,130
- Date on market: 7/7/2026
- Cumulative days on market: 255 days
- Listing terms: Cash
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
$1,682/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $175,000$13/sqft |
Source:  Oregon Datashare #220224809 Report a problem | ||
| 6/1/2026 | Listing removed | $175,000$13/sqft |
Source: Oregon Datashare #220212214 Report a problem | ||
| 11/21/2025 | Listed for sale | $175,000+110.8%$13/sqft |
Source: Oregon Datashare #220212214 Report a problem | ||
| 10/18/2013 | Sold | $83,000-24.5%$6/sqft |
Source: Oregon Datashare #152928984 Report a problem | ||
| 8/13/2013 | Price change | $109,900+15.8%$8/sqft |
Source: John L Scott Grants Pass #11590 Report a problem | ||
| 3/15/2013 | Price change | $94,900-13.6%$7/sqft |
Source: John L Scott Real Estate #52928984 Report a problem | ||
| 3/23/2012 | Listed for sale | $109,900$8/sqft |
Source: John L Scott Real Estate #52928984 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,131 +3% | $94,960 +3% |
| 2024 | $1,098 +12.3% | $92,200 +3% |
| 2023 | $978 +0.5% | $89,520 |
| 2022 | $973 +2.2% | $89,520 +6.1% |
| 2021 | $952 | $84,390 +3% |
| 2020 | $952 +3% | $81,940 +3% |
| 2019 | $924 | $79,560 +3% |
| 2018 | $924 +2.3% | $77,250 +3% |
| 2017 | $903 +19.9% | $75,000 +3% |
| 2016 | $754 | $72,820 +3% |
| 2015 | $754 +5.1% | $70,700 +3% |
| 2014 | $717 +4.5% | $68,650 +3% |
| 2013 | $686 +3.1% | $66,660 +3% |
| 2012 | $665 +6.1% | $64,720 +3% |
| 2011 | $627 +1.9% | $62,840 +3% |
| 2010 | $615 +2.9% | $61,010 +3% |
| 2009 | $598 +2.4% | $59,240 +3% |
| 2008 | $583 +2.2% | $57,520 +3% |
| 2007 | $571 +4.5% | $55,850 +6.1% |
| 2005 | $546 +0.5% | $52,660 +3% |
| 2004 | $544 +10.4% | $51,130 +3% |
| 2003 | $492 | $49,650 +3% |
| 2002 | $492 +15.3% | $48,210 +3% |
| 2001 | $427 | $46,810 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97523
Nearby schools
Schools provided by the listing agent
- Elementary: Evergreen Elem
- Middle: Lorna Byrne Middle
- High: Illinois Valley High
Source: Oregon Datashare. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
