Bought with Emerald Property Management In
$899,900
For more information regarding the value of a property, please contact us for a free consultation.
50 S 17TH ST Cottage Grove, OR 97424
3,928 SqFt
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,928 sqft
Price per Sqft $229
MLS Listing ID 210904208
Sold Date 10/16/26
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
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Nearby Locations






