Gillespie realty group

Save
Ask
Tour
Hide
Share
$1,400,000
128 Days On Site

287 W 5TH AVE
Junction City, OR97448

For Sale|Multi Family|Active
12
Beds
4
Total Baths
1905
Built
County:
Lane
Listing courtesy of Corey Walker of Walker Family Development Inc (541) 954-8588

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

287 W 5TH AVE287 W 5TH AVE287 W 5TH AVE287 W 5TH AVE
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,400,000
Days On Site 
128 Days
Bedrooms 
12
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1905
MLS Number 
244936370
Status 
Active
Property Tax 
$4,511.63
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS
4 months agoListing first seen on site
General Features
Acres 
0.14
Disclosures 
Disclosure
Foundation 
Concrete Perimeter
Parking Spaces 
4
Property Condition 
Updated/Remodeled
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
C2
Interior Features
Basement 
Crawl Space
Heating 
Zoned
Save
Ask
Tour
Hide
Share
Exterior Features
Roof 
Composition
Community Features
MLS Area 
_237
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
Laurel
Middle School
Oaklea
High School
Junction City
Listing courtesy of Corey Walker of Walker Family Development Inc (541) 954-8588



The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Walker Family Development Inc are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

Last checked 2026-11-06 08:08 AM PST.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share