Listing provided courtesy of Mitchell and Associates Real Estate LLC- MLS# 448645088MLS ProviderContact Information: [email protected]

1601 E MAIN STCottage Grove, OR 97424

Multi-Family · 3,180 Sq. ft. | 0.28 Acres
$795,000 Active

1601 E MAIN ST Overview

Time on Site:
74 days
Visits:
1

Built in 2019, this well-maintained property sits on a high-visibility corner lot, offering excellent exposure for commercial use while also providing comfortable residential living above. The location is highly convenient, within seconds to pharmacies, medical offices, Safeway, restaurants, and other retail amenities. The building includes four total units'two commercial spaces on the ground floor and two residential apartments upstairs. All units are currently leased, generating an immediate gross income of $4,650 per month. Three units rent for $1,250 each, while one apartment is currently leased at $900.The property features a paved parking lot with 9+ spaces, as well as a detached four-unit storage building at the rear.The commercial suites offer flexibility for a variety of uses and can be customized or combined into a larger space if desired. Each unit includes concrete floors, ADA-compliant half bathrooms, and both front and rear entrances. Upstairs, the two residential units are nicely finished and each offer one bedroom and one and a half bathrooms. They feature open-concept layouts, knotty pine cabinetry, spacious breakfast bars, pantries, stainless steel appliances, LVP flooring, indoor laundry rooms, and instant hot water heaters. Each apartment also includes a private second-story balcony.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1601 E MAIN ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,180
  • Price/Sq.ft. $250
  • Lot 0.28 Acres

Details

General

School Information

  • Elementary School: Harrison
  • Middle Or Junior School: Lincoln
  • High School: Cottage Grove

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2019

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 235 - Lane Co: South Lane Properties

Rent/Lease Information

  • Rent Includes: Maintenance Grounds

Tax Information

  • Tax Annual Amount: 6700.67

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 0900306
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: C2P

Interior

Building Interior

  • Building Area Total: 3180.0

General Information

  • Cooling: Heat Pump
  • Heating: Ductless
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Paved
  • Parking Total: 9.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.28
  • Lot Size Square Feet: 12196.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Metal

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

1601 E MAIN ST Neighborhood

Community

97424 (Cottage Grove) Demographics

43
Median Age
79
Population Density (per sq. mile)
31%
College Educated
$54,104
Estimated Median Income
4,897
Estimated Total Home Owners
2,413
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1601 E MAIN ST Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1601 E MAIN ST Market Data

Based on the last 30 days in this zip code

$572,574
Average List Price
$290
Average Price per Square Foot
16
Properties Sold
99
Average Days on Market
98
Properties for Sale
Calculations provided by Reliance Network

1601 E MAIN ST History

Date Event Value Agent
5/18/2026Source: Regional MLS Added to Database
May 18, 2026
4/16/2026Source: Regional MLS Added to Database
April 16, 2026