50 S 17TH ST, Cottage Grove, OR 97424
50 S 17TH ST, Cottage Grove, OR 97424
50 S 17TH ST, Cottage Grove, OR 97424
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Listed by RE/MAX Integrity • 541-345-8100
$929,900
Est. payment /mo
3,928 SqFt
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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


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Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

Tim Penner

+1(971) 777-3137

concierge@pennergroupproperties.com

9792 SW Nimbus Ave, Beaverton, OR, 97008, USA

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50 S 17TH ST