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Image 1 - 50 South 17th Street, Cottage Grove, OR 97424, USA - House for sale

Image 2 - 50 South 17th Street, Cottage Grove, OR 97424, USA - House for sale

Image 3 - 50 South 17th Street, Cottage Grove, OR 97424, USA - House for sale

Image 4 - 50 South 17th Street, Cottage Grove, OR 97424, USA - House for sale

Image 5 - 50 South 17th Street, Cottage Grove, OR 97424, USA - House for sale

Image 6 - 50 South 17th Street, Cottage Grove, OR 97424, USA - House for sale

Image 7 - 50 South 17th Street, Cottage Grove, OR 97424, USA - House for sale

Image 8 - 50 South 17th Street, Cottage Grove, OR 97424, USA - House for sale

Home For Sale In Cottage Grove, Oregon

50 South 17th Street, Cottage Grove, OR 97424, USA

Home For Sale In Cottage Grove, Oregon

house for sale

Listed: 03/27/24

50 South 17th Street, Cottage Grove, OR 97424, USA

4 Bed:

4 Bath:

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Price

$ 1,19M

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About This House

Rare to market, this brand-new 4-plex is designed for long-term success. With an owner carry opportunity available, minimum term length of 5 years with attractive terms. Great investment opportunity, with projected rents at$1, 500.00per unit. Adjacent parcel with engineered plans for 3 more residential units and 2 commercial ground units with a residential unit above ready for approval to be purchased separately or as a package. Moreover, approved for the Multi-Unit Property Tax Exemption (MUPTE) currently with a construction completion deadline of November 2024. Saving the property owner tens of thousands in property taxes over the next 10 years. No taxes starting from the completion of the 3 additional units! These meticulously crafted one bed, one bath Cottage Style units … Full description

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Original listing

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Cottage Grove Housing & Living

Household Income

Median household income: $40,436

Number of households: 4,022

The average household income in Cottage Grove, OR grew from $38,994 to $40,436 in the past year. This data is an estimate based upon 4,022 households in Cottage Grove, OR.
The chart below presents how household income is distributed in Cottage Grove, OR in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cottage Grove, OR compared to median property taxes around the country. The prevalent amount of property taxes in Cottage Grove, OR equals $2k-$3k , which is more than the national average.