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1161 1181 THAYER AVE Cottage Grove, OR $ 350,000
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1161 1181 THAYER AVE
$ 350,000
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1161 1181 THAYER AVE

Cottage Grove, OR, 97424
$ 350,000
Bedrooms4 Baths2.0 Sq 1,576

Monthly Estimate*

$ 2,417

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Multi-Family Home for sale in Cottage Grove, OR

for $350,000 with 4 bedrooms and 2 full baths. This 1,576 square foot home was built in 1977 on a lot size of 0.21.

Conveniently located on a spacious corner lot, this classic 1977 duplex offers steady rental history and excellent long-term potential. Each side features an identical mirrored floor plan designed for low-maintenance living. Perfect for an investor looking to add a reliable asset to their portfolio, or an owner-occupant wanting to live in one side and rent out the other. Both sides are occupied photos are from before occupied or personal items removed. Please do not disturb occupants. Shown by appointment only.

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Multi-Family Pending

Price

$ 350,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,215

Style

Lot Size

0.21

Year Built

1977

Town/City

Cottage Grove

County/Region

Lane

MLS | Web ID

498517027
Features
General
Sewer PublicSewer
Heating Baseboard Ceiling
Cooling None
Roof Composition
Zoning R1
Garage Spaces 2.0
Year Built 1977
Stories Count 1
Tax Year 2025
Parcel Number 1215035
Gross Income 26400.0
County Lane
Net Operating Income 13985.0
Operating Expense 12415.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Pending
Directions Exit 174 Right on Row River Left on Hwy 99 L N 10th St Chadwick N 11th R Thayer
High School Cottage Grove
City CottageGrove
Disclosures Disclosure
Number Of Units Total 2
MLS Area _235
Lot Size Square Feet 9147.0
Listing Terms Cash Conventional
Elementary School Bohemia
Tax Annual Amount 3215.42
Middle/Junior High School Lincoln
Property Condition Approximately
Virtual Tour https://fusion.realtourvision.com/idx/343581
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 20-03-28-42-00501
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Interior
Basement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Assigned
Lot Features CornerLot Level
Water Source PublicWater
Total Parking 4.0
Exterior Description T111Siding
Foundation Details ConcretePerimeter
Building Area Total 1576.0
Lot Size Acres 0.21
Road Surface Type Gravel
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Internal Only
Street Number 1 1161
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* Excluded Features
List By
Jim Downing Realty

Broker

tralenawhitten@live.com

Email

Affordability Calculator

$2,685
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,417
Monthly Property Taxes
$268
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1948911 Elementary School
1949237 Middle School
Cottage Grove High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/5/2026$350,000 Listed Price

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1161 1181 THAYER AVE, Cottage Grove, OR, 97424 is a Multi-Family Home for sale at $350,000 with 1,576 sqft and a lot size of 0.21. 1161 1181 THAYER AVE has 4 bedrooms, 2.0 baths, and was built in 1977. The property's zip code is 97424 which is in Cottage Grove, OR

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