223 S 6TH ST Cottage Grove, OR $ 850,000
223 S 6TH ST
$ 850,000
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223 S 6TH ST

Cottage Grove, OR, 97424
$ 850,000
Bedrooms5 Baths5.0

Monthly Estimate*

$ 5,871

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Multi-Family Home for sale in Cottage Grove, OR

for $850,000 with 5 bedrooms and 5 full baths. This home was built in 1947.

Exceptional Mixed-Use Investment Opportunity in Downtown Cottage Grove! This versatile approximately 4,870 SF commercial building offers five total units, combining three residential units with two retail spaces for multiple income streams and investment potential. Ideally located in downtown Cottage Grove, this two-story property features three extensively remodeled upstairs residential units with new LVP flooring, fresh interior paint, updated kitchen cabinets, new appliances, light fixtures, and new windows. Washer/Dryer hookup and appliances in units 2 and 3. Situated on approximately 0.15 acres with paved on-site parking and C-2P zoning, the property offers flexibility for investors seeking a mixed-use income opportunity or business owners looking to combine commercial space with residential rental income. Conveniently located near downtown shops, restaurants, and local amenities. Take advantage of this unique opportunity to own a versatile income-producing property in the heart of Cottage Grove! Assumable note at 4%

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Multi-Family Active

Price

$ 850,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 4,185

Style

Year Built

1947

Town/City

Cottage Grove

County/Region

Lane

MLS | Web ID

514861558

Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir WallHeater
Roof Flat
Zoning C2P
Security Features Sidewalk
Year Built 1947
Stories Count 2
Parcel Number 0897155
Gross Income 55620.0
County Lane
Net Operating Income 45921.0
Operating Expense 9699.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection Water
Status Active
Directions OR-99 turn Right onto S 6th
High School Cottage Grove
City CottageGrove
Disclosures Disclosure
Number Of Units Total 5
MLS Area _235
Listing Terms Assumable Cash Conventional OwnerWillCarry
Elementary School Bohemia
Tax Annual Amount 4185.61
Middle/Junior High School Lincoln
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 20-03-28-34-08100
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Exterior
Parking Features Paved
Lot Features Level
Water Source PublicWater
Exterior Description Other Stucco
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 0
Unit 5 Beds Total 0
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5
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Internal Only
Street Number 1 223
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* Excluded Features
List By
Tlc Realty

Broker

jpexpertadvisor@gmail.com

Email

Affordability Calculator

$6,219
Per Month
94%
6%
0%
Monthly Principal & Interest
$5,871
Monthly Property Taxes
$349
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
Pricing History
DatePricePrice ChangeDescription
11/5/2026$850,000 Listed Price

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223 S 6TH ST, Cottage Grove, OR, 97424 is a Multi-Family Home for sale at $850,000. 223 S 6TH ST has 5 bedrooms, 5.0 baths, and was built in 1947. The property's zip code is 97424 which is in Cottage Grove, OR