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  • $795,000

    1601 E Main St, Cottage Grove, OR 97424

    2beds
    3,180sqft
    : 
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    Multi Family
    Built in 2019
    -- sqft lot
    $-- Zestimate®
    $250/sqft
    $-- HOA

    What's special

    High-visibility corner lotOpen-concept layoutsFront and rear entrancesInstant hot water heatersIndoor laundry roomsAda-compliant half bathroomsStainless steel appliances
    Built in 2019, this well-maintained property sits on a high-visibility corner lot, offering excellent exposure for commercial use while also providing comfortable residential living above. The location is highly convenient, within seconds to pharmacies, medical offices, Safeway, restaurants, and other retail amenities. The building includes four total units—two commercial spaces on the ground floor and two residential apartments upstairs. All units are currently leased, generating an immediate gross income of $4,650 per month. Three units rent for $1,250 each, while one apartment is currently leased at $900.The property features a paved parking lot with 9+ spaces, as well as a detached four-unit storage building at the rear.The commercial suites offer flexibility for a variety of uses and can be customized or combined into a larger space if desired. Each unit includes concrete floors, ADA-compliant half bathrooms, and both front and rear entrances. Upstairs, the two residential units are nicely finished and each offer one bedroom and one and a half bathrooms. They feature open-concept layouts, knotty pine cabinetry, spacious breakfast bars, pantries, stainless steel appliances, LVP flooring, indoor laundry rooms, and instant hot water heaters. Each apartment also includes a private second-story balcony.
    84 days
    |
    164
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Mitchell donatamitchell@msn.com,

    Mitchell and Associates Real Estate LLC,

    Arlanda Mitchell 541-357-1799,

    Mitchell and Associates Real Estate LLC

    Source: RMLS (OR),MLS#: 448645088MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 6
      • Full bathrooms: 2
      • Partial bathrooms: 4
      Heating
      • Ductless
      Cooling
      • Heat Pump, Air Conditioning
      Appliances
      • Included: Dishwasher, Range, Electric Water Heater
      Interior area
      • Total structure area: 3,180
      • Total interior livable area: 3,180 sqft

      Property

      Parking
      • Total spaces: 9
      • Parking features: Paved
      Features
      • Stories: 2
      • Patio & porch: Deck
      • Has view: Yes
      • View description: City
      Lot
      • Size: 0.28 Acres
      • Features: Level, SqFt 10000 to 14999
      Details
      • Parcel number: 0900306
      • Zoning: C2P

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Metal Siding, Wood Siding
      • Roof: Metal
      Condition
      • Approximately
      • Year built: 2019

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Cottage Grove

      Financial & listing details

      • Price per square foot: $250/sqft
      • Tax assessed value: $633,412
      • Annual tax amount: $6,700
      • Date on market: 4/6/2026
      • Listing terms: Cash,Conventional
      • Total actual rent: 2150
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/16/2026Listed for sale$795,000+808.6%$250/sqft
        Source: RMLS (OR) #448645088 Report a problem
        2/11/2019Sold$87,500$28/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,701 +2.6%$366,724 +3%
        2024$6,532 +2.3%$356,043 +3%
        2023$6,387 +4%$345,673 +3%
        2022$6,141 +2.8%$335,605 +3%
        2021$5,972 +122.4%$325,831 +124.5%
        2020$2,686 +113.8%$145,111 +108.4%
        2019$1,256 +1.3%$69,620 +3%
        2018$1,240 $67,593 +3%
        2017$1,240 +2.9%$65,624 +3%
        2016$1,206 +1.5%$63,713 +3%
        2015$1,188 +8%$61,857 +3%
        2014$1,100 +3.4%$60,055 +3%
        2013$1,064 +10%$58,306 +3%
        2012$967 $56,608 +3%
        2011-- $54,959 +3%
        2010-- $53,358 +3%
        2009-- $51,804 +3%
        2008-- $50,295 +3%
        2007-- $48,830 +3%
        2006-- $47,408 +3%
        2005-- $46,027 +3%
        2004-- $44,686 +3%
        2003-- $43,384 +3%
        2002-- $42,120 +3%
        2001-- $40,893 +3%
        2000-- $39,702

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97424

        Getting around

        75 / 100
        Very Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Harrison,Bohemia
        • Middle: Lincoln
        • High: Cottage Grove

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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