Browse All Cottage Grove OR Multi-Family Properties for Sale

4 HOMES on over 2 ACRES!!! Potentially dividable. Unique opportunity with 1 stick built home and 3 manufactured homes on one parcel, served by one shared well and four individual septic systems. All square footage is approximate. Buyer to perform their own due diligence regarding all property details. Please be aware the 2 front homes are in poor condition. AS-IS sale; seller to make no repairs. CASH or Seller Carry only! Seller willing to carry with a minimum of 50% down at 5% interest.

32120 NICHOLS LN, Cottage Grove

$600,000

386788382 MLS

Riverfront duplex just minutes from the heart of Cottage Grove offering an excellent opportunity for owner-occupied living or investment. The 975 side features 3 bedrooms, 2.5 bathrooms, and 1,850 square feet, while the 911 side offers 3 bedrooms, 3 bathrooms, and 2,088 square feet. Both units feature spacious rooms, wood floors, washers and dryers, forced-air heating, tankless water heaters, vinyl double-pane windows, attached two-car garages, and balconies and patios overlooking the river. The property is fully fenced and provides ample parking. Recent updates include a new roof and fresh exterior and interior paint completed in June 2026. Well maintained and ideally located, this riverfront property offers flexibility, comfort, and long-term investment potential.

911 N 9TH ST, Cottage Grove

$539,000

684971736 MLS

Turnkey, high-quality DUPLEX—ideal for owner-occupancy with income potential, investment, or multigenerational living. Both units are vacant, offering flexibility to occupy one side and rent the other or rent both. Each unit features 2 bedrooms, 1.5 baths, an oversized one-car garage, Lanz birch kitchen cabinets, tile kitchen floors, vaulted bedroom ceilings, and ceiling fans. Fully rebuilt down to the studs in 2010. The 1520 unit was just refreshed with new interior paint, carpet, and appliances. The 1522 unit includes a bonus room plus a nearly new Tuff Shed. Spacious front and back yards. Convenient location just one block to a park with pickleball courts and two blocks to shopping, dining, and everyday services. Similar mirror-image floor plans, except 1520 does not include the bonus room.

1522 E WASHINGTON AVE, Cottage Grove

$770,000

448645088 MLS

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.

1601 E MAIN ST, Cottage Grove

$1,650,000

286066990 MLS

Exceptional Mixed-Use Investment Opportunity in the Heart of Cottage Grove! Built by JDL Construction in late 2020, this nearly new development includes a fully rented triplex and a separate commercial building, offering immediate income, long-term stability, and strong investment potential. The triplex features two 575 sq ft 1 bed / 1 bath apartments on the ground level, each equipped with stainless steel appliances and stackable washer/dryers. Above is a stunning 1,704 sq ft penthouse accessed by a private elevator inside the attached two-car garage. This luxurious residence offers 2 bedrooms, 2 bathrooms, an office, indoor laundry, and a large walk-in closet. The chef’s kitchen includes two refrigerators, stainless appliances, gas range, quartz countertops, and custom cabinetry. Additional highlights include wide-plank oak flooring, heated tile floors, custom lighting, on-demand hot water, and large picture windows overlooking Coiner Park. The Trex front deck with decorative wrought iron railing spans the length of the penthouse and is accessible through French doors from the primary suite and living room. The separate 1,700 sq ft commercial building is leased with 4 years remaining, providing stable, long-term income. It features ADA compliance, off-street parking, bay door access, ductless HVAC, two bathrooms, conference room, storage room, and front lobby. An electronic wrought iron gate separates the residential and commercial spaces. With existing tenants and strong rental demand, this property offers excellent income potential and future CAP rate upside. Live in the penthouse while generating rental income, or maintain it as a fully functioning investment property. Additional benefit: transferable tax deferral with approximately 4 years remaining, resulting in property taxes of only $756 per year. Prime location, just minutes to I-5 and historic downtown district. A rare opportunity to own one of the best commercial lots on Main Street with built-in income!

1308 E MAIN ST, Cottage Grove

$899,900

210904208 MLS

Rare opportunity to acquire a newer construction fourplex designed for low maintenance and long-term performance. This thoughtfully built investment property offers strong income potential, with projected rents of approximately $1,500 per unit. The property benefits from the Multi-Unit Property Tax Exemption (MUPTE), providing significant property tax savings with many years remaining.Each of the four 1-bedroom, 1-bath cottage-style units features efficient, modern layouts and high-quality finishes that appeal to today’s market. The open-concept main level includes durable hard-surface flooring, spacious living areas ideal for entertaining, and well-appointed kitchens with butcher block and granite countertops, along with ample cabinetry.Upstairs, each unit offers a generous private bedroom suite with a full ensuite bath and direct access to a private balcony. Individually metered electricity adds efficiency and simplifies management.A truly rare, modern fourplex with excellent cash-flow potential—you won’t find another opportunity like this on the market. Schedule a private tour today!

50 S 17TH ST, Cottage Grove

Start Your Search

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Cottage Grove Multi-Family Real Estate

Our website features the best real estate search for multi-family properties available in Cottage Grove and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!