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.
Active
$1,400,000
287 W 5th Ave, Junction City, OR 97448
72beds
1,800sqft
Multi Family
Built in 1905
-- sqft lot
$-- Zestimate®
$778/sqft
$-- HOA
What's special
- 86 days
- 195
- 0
Zillow last checked:
Listing updated:
Listed by:
Corey Walker 541-954-8588,
Walker Family Development Inc
Source: RMLS (OR),MLS#: 244936370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 72
- Bathrooms: 24
- Full bathrooms: 18
- Partial bathrooms: 6
Heating
- Zoned
Features
- Basement: Crawl Space
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Parking
- Total spaces: 4
Features
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Features: SqFt 5000 to 6999
Details
- Parcel number: 0016236
- Zoning: C2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Junction City
Financial & listing details
- Price per square foot: $778/sqft
- Annual tax amount: $4,511
- Date on market: 6/30/2026
- Listing terms: Cash,Conventional
- Total actual rent: 52170
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Listed for sale | $1,400,000+1128.1%$778/sqft |
Source: | ||
| 5/17/2017 | Sold | $114,000-15.7%$63/sqft |
Source: | ||
| 3/27/2017 | Listed for sale | $135,200$75/sqft |
Source: Oregon Real Estate Services #17398630 Report a problem | ||
| 3/23/2017 | Pending sale | $135,200$75/sqft |
Source: Oregon Real Estate Services #17398630 Report a problem | ||
| 3/23/2017 | Listed for sale | $135,200-9.9%$75/sqft |
Source: Oregon Real Estate Services #17398630 Report a problem | ||
| 7/26/2016 | Listing removed | $150,000$83/sqft |
Source: Keller Williams /Eugene-Spfld #16667457 Report a problem | ||
| 6/8/2016 | Pending sale | $150,000-4.5%$83/sqft |
Source: Keller Williams /Eugene-Spfld #16667457 Report a problem | ||
| 10/28/2015 | Listing removed | $157,000$87/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 10/19/2015 | Listed for sale | $157,000$87/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 9/21/2015 | Pending sale | $157,000$87/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 8/18/2015 | Price change | $157,000+25.6%$87/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 6/8/2015 | Pending sale | $125,000$69/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 6/3/2015 | Price change | $125,000-13.8%$69/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 5/22/2015 | Listed for sale | $145,000$81/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 2/21/2015 | Pending sale | $145,000$81/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 12/28/2014 | Price change | $145,000-6.5%$81/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 11/26/2014 | Price change | $155,000-6.1%$86/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 10/31/2014 | Price change | $165,000-5.7%$92/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 10/1/2014 | Price change | $175,000-5.4%$97/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 9/19/2014 | Price change | $185,000-2.1%$103/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 8/27/2014 | Listed for sale | $189,000$105/sqft |
Source: Realty ONE Group Platinum #14479366 Report a problem | ||
| 7/9/2014 | Listing removed | $189,000$105/sqft |
Source: Realty ONE Group Platinum #14346748 Report a problem | ||
| 7/2/2014 | Price change | $189,000-5%$105/sqft |
Source: Realty ONE Group Platinum #14346748 Report a problem | ||
| 6/13/2014 | Listed for sale | $199,000-8.7%$111/sqft |
Source: Realty One Group Platinum #14346748 Report a problem | ||
| 12/14/2013 | Listing removed | $218,000$121/sqft |
Source: John L Scott Real Estate #13656522 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97448
Nearby schools
Schools provided by the listing agent
- Elementary: Laurel
- Middle: Oaklea
- High: Junction City
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
