1601 E MAIN ST, Cottage Grove, OR 97424
- $795,000
- 3,180
- SqFt
- List Price
- $795,000
- Days on Market
- 112
- MLS#
- 448645088
- Property Type
- Multifamily
- Sqft. of Residence
- 3,180
- Lot Size
- 10, 000 to 14, 999 SqFt
- Region
- Lane Co: South Lane Properties
- Status
- ACTIVE
Property Description
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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Additional Information
- Tax Amount
- $6,700
- Year Built
- 2019
- High School
- Cottage Grove
- Elementary School
- Harrison
- Middle School
- Lincoln
- Acres
- 0.28
- Living Area
- 3,180
- Stories
- 2
- Terms
- Cash, Conventional
- Cooling Description
- Heat Pump
- Fuel Description
- Electricity
- Heating Description
- Ductless
- Hoa Rent Includes
- Maintenance Grounds
- Hot Water Description
- Electricity
- Exterior Description
- Metal Siding, Wood Siding
- Roof Type
- Metal
- Sewer Description
- Public Sewer
- View
- City
- Parking
- Paved
- Parking Description
- Paved
- Road Surface
- Paved
- Number Of Units Total
- 2
- Unit Type One Baths Total
- 3
- Unit Type One Beds Total
- 1
- Unit Type One Rent
- 900
- Unit Type One Sq Ft
- 781
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 3
- Unit Type Two Beds Total
- 1
- Unit Type Two Units Total
- 1
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Listing courtesy of Mitchell and Associates Real Estate LLC.
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.