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Listed by RE/MAX Integrity • 541-345-8100
$929,900
Est. payment /mo
3,928 SqFt
Price Dropped by $30K
50 S 17TH ST Cottage Grove, OR 97424
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,928 sqft
Price per Sqft $236
MLS Listing ID 210904208
HOA Y/N No
Year Built 2022
Annual Tax Amount $599
Tax Year 2025
Lot Size 7,405 Sqft
Property Description
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!
Location
State OR
County Lane
Area _235
Zoning R1
Rooms
Basement None
Interior
Heating Ductless, Mini Split, Wall Heater
Cooling Heat Pump, Mini Split
Exterior
Roof Type Composition,Shingle
Garage No
Building
Lot Description Level
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Harrison
Middle Schools Lincoln
High Schools Cottage Grove
Others
Acceptable Financing Cash, Conventional, FHA, Other, VALoan
Listing Terms Cash, Conventional, FHA, Other, VALoan
NEARBY SCHOOLS & PROPERTIES
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