Travis Watts - Coldwell Banker Walla Walla Logo
$899,900
 $4,831 est/mo Sourced by Back At You

50 S 17th St,CottageGrove, OR 97424

CottageGrove, OR 97424

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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 potentialyou won’t find another opportunity like this on the market. Schedule a private tour today!

Details

MLS #210904208
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year2022
Days On Site232
Listing Provided ByRE/MAX Integrity | Nile Stark

Features

SQ Feet3,928
Story(s)2
Units4
ZoningR1
Acreage0.17

Interior

HeatingDuctless, Mini Split, Wall Heater
Heating YnYes
CoolingHeat Pump, Mini Split
Cooling YnYes

Exterior

RoofComposition, Shingle
Foundation DetailsSlab
Lot FeaturesLevel

Parking

Attached Garage YnNo
Parking FeaturesOff Street, Paved

Taxes

Property599

Area Information

StateOR
CountyLane
CityCottageGrove
Zip Code97424
School DistrictCottage Grove
Elementary SchoolHarrison
High SchoolCottage Grove
Listing VS Median (in 97424)
Price:
$899,900
low | high
Med:
$424,900
100% of Average
sqft:
3,928
low | high
Med:
1,192
100% of Average
$ / sqft:
$229
low | high
Med:
$356
5.592157517875% of Average
On site:
232
low | high
Med:
82
100% of Average
Sourced by Back At You

Market Activity 97424

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Contact

Learn More About This Property

Travis Watts

Travis Watts

Coldwell Banker Walla Walla

Certified Luxury Home Marketing Specialist, Luxury Property Specialist (509) 386-0955travis@teamwatts.com
StateOR
CountyLane
CityCottageGrove
Zip Code97424
School DistrictCottage Grove
Elementary SchoolHarrison
High SchoolCottage Grove
Listing VS Median (in 97424)
Price:
$899,900
low | high
Med:
$424,900
100% of Average
sqft:
3,928
low | high
Med:
1,192
100% of Average
$ / sqft:
$229
low | high
Med:
$356
5.592157517875% of Average
On site:
232
low | high
Med:
82
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $674K - $1.124M
sqft: 2,500 - 4,500
Nearby Listings Property ImageNearby Listings Details
1601 E MAIN ST Property Photo 1
$770,000
1601 E Main St
Cottagegrove, OR 97424
1601 E MAIN ST Property Photo 1
$750,000
1601 E Main St
Cottagegrove, OR 97424
Listing Updated: August 2, 2026 at 12:38:22 PM PDT