# 701 Caves Highway, Cave Junction, OR 97523

> **TL;DR:** multi-family, $295,900 ($127/sqft), built 1977, 2,336 sqft. Est. $1,582/mo. Listed 369 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $295,900 |
| Price/sqft | $127 |
| Square Feet | 2,336 |
| Year Built | 1977 |
| Lot Size | 108,029 sqft (2.48 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active |
| Days on Market | 369 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,496 |
| Estimated Insurance | $86 |
| **Total** | **$1,582** |

## Nearby Schools

- **Elementary:** Evergreen Elem
- **Middle:** Lorna Byrne Middle
- **High:** Illinois Valley High

## Property Highlights

- Built in 1977
- 2.48 acre lot

## Description

### Agent Description
Investor Alert! This 4-unit income property on 2.48 acres with RR5 zoning in Cave Junction is a rare find. The property includes 4 income-producing units. Features include two 1 bed/1 bath cottages renting at $825 each, a refreshed 2 bed/1 bath cottage rented at $800 with new appliances and flooring, and a 2 bed/1 bath 1,056 sq. ft. modular home renting for $1,000. Supported by a shared well and two septic systems, all tenants are on month-to-month agreements. Conveniently located off Hwy 199 next to the fire station, this strong income producer delivers immediate cash flow with excellent potential for future value-add. Don't miss this solid investment! Owner Will Carry!

## Location

- **Address:** 701 Caves Highway, Cave Junction, OR 97523
- **County:** Josephine
- **Neighborhood:** Josephine Addition To Grants Pass
- **Coordinates:** 42.158335, -123.635055
- **Google Maps:** https://www.google.com/maps?q=42.158335,-123.635055

## Listing Agent

- **Name:** China Rose
- **Brokerage:** EXP REALTY LLC
- **Phone:** (888) 814-9613
- **Broker Phone:** (888) 814-9613
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/701-Caves-Hwy_Cave-Junction_OR_97523_M18146-21951?f=listhub&s=ODOR&m=220208860&c=propsimple)

## Photos

![701 Caves Highway - Photo 1](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f143151306r.jpg)

![701 Caves Highway - Photo 2](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2930752908r.jpg)

![701 Caves Highway - Photo 3](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f3844003287r.jpg)

![701 Caves Highway - Photo 4](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f3699128880r.jpg)

![701 Caves Highway - Photo 5](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f3198981150r.jpg)

![701 Caves Highway - Photo 6](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2342421872r.jpg)

![701 Caves Highway - Photo 7](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f1010525849r.jpg)

![701 Caves Highway - Photo 8](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2930678432r.jpg)

![701 Caves Highway - Photo 9](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f440097914r.jpg)

![701 Caves Highway - Photo 10](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f3867539877r.jpg)

![701 Caves Highway - Photo 11](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f378944085r.jpg)

![701 Caves Highway - Photo 12](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2329064536r.jpg)

![701 Caves Highway - Photo 13](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2774245568r.jpg)

![701 Caves Highway - Photo 14](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2148487120r.jpg)

![701 Caves Highway - Photo 15](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f677195745r.jpg)

![701 Caves Highway - Photo 16](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f102292311r.jpg)

![701 Caves Highway - Photo 17](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2188723417r.jpg)

![701 Caves Highway - Photo 18](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2849207543r.jpg)

![701 Caves Highway - Photo 19](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f1408857259r.jpg)

![701 Caves Highway - Photo 20](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f402363096r.jpg)

![701 Caves Highway - Photo 21](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2205346122r.jpg)

![701 Caves Highway - Photo 22](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f1006685236r.jpg)

![701 Caves Highway - Photo 23](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f1352332525r.jpg)

![701 Caves Highway - Photo 24](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f2674646343r.jpg)

![701 Caves Highway - Photo 25](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f3514894354r.jpg)

![701 Caves Highway - Photo 26](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f4083926683r.jpg)

![701 Caves Highway - Photo 27](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f1141265218r.jpg)

![701 Caves Highway - Photo 28](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f3041306215r.jpg)

![701 Caves Highway - Photo 29](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f638816284r.jpg)

![701 Caves Highway - Photo 30](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f3039338094r.jpg)

![701 Caves Highway - Photo 31](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f267521799r.jpg)

![701 Caves Highway - Photo 32](http://lh.rdcpix.com/80af50f2e488d8d8ade33a94e256bd4el-f1775879314r.jpg)

---

**MLS#:** 220208860 | **Updated:** 2026-08-28
**Source:** listhub

*Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/701-caves-highway-cave-junction-or-97523-20208860)

---

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