1601 E MAIN ST Cottage Grove, OR $ 795,000
1601 E MAIN ST
$ 795,000
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1601 E MAIN ST

Cottage Grove, OR, 97424
$ 795,000
Bedrooms2 Baths6.0 Sq 3,180

Monthly Estimate*

$ 4,895

1601 E MAIN ST, Cottage Grove, OR 97424 - Image 1
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 2
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 3
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 4
1601 E MAIN ST, Cottage Grove, OR 97424 - Image 5

Multi-Family Home for sale in Cottage Grove, OR

for $795,000 with 2 bedrooms and 6 full baths. This 3,180 square foot home was built in 2019 on a lot size of 0.28.

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.

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Multi-Family Active

Price

$ 795,000

Bedrooms

2

Full Bath

6

Property Type

Multi-Family

Taxes

$ 6,700

Style

Lot Size

0.28

Year Built

2019

Town/City

Cottage Grove

County/Region

Lane

MLS | Web ID

448645088

Features
General
Sewer PublicSewer
Heating Ductless
Cooling HeatPump
Roof Metal
Zoning C2P
Year Built 2019
Stories Count 2
Parcel Number 0900306
Gross Income 0
County Lane
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds
Status Active
Directions CORNER OF S 16TH AND E MAIN
High School Cottage Grove
City CottageGrove
Number Of Units Total 2
MLS Area _235
Lot Size Square Feet 12196.0
Listing Terms Cash Conventional
Elementary School Harrison
Tax Annual Amount 6700.67
Middle/Junior High School Lincoln
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TL 20-03-28-44-03100
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Exterior
Parking Features Paved
Lot Features Level
Water Source PublicWater
Total Parking 9.0
Exterior Description MetalSiding WoodSiding
Building Area Total 3180.0
Lot Size Acres 0.28
Road Surface Type Paved
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Interior
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 1
Unit 2 Baths Total 3
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 1601
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* Excluded Features
List By
Mitchell And Associates Real Estate Llc

Broker

donatamitchell@msn.com

Contact

Affordability Calculator

$5,453
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,895
Monthly Property Taxes
$558
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1951018 Elementary School
1949237 Middle School
Cottage Grove High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2026$795,000 Listed Price

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1601 E MAIN ST, Cottage Grove, OR, 97424 is a Multi-Family Home for sale at $795,000 with 3,180 sqft and a lot size of 0.28. 1601 E MAIN ST has 2 bedrooms, 6.0 baths, and was built in 2019. The property's zip code is 97424 which is in Cottage Grove, OR