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    Two Homes in Cottage Grove

    1028 E GROVER Ave Cottage Grove, OR 97424

    Claim this Listing
    For Sale
    $419,900

    MULTI_FAMILY - CottageGrove, OR

    Property size:
    2,716 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $154/SF
    Added:
    Nov 3, 2025
    Days on Market:
    251
    Last Refresh:
    Jul 12 at 3:06 am

    Property Features for 1028 E GROVER Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R1
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1
    Standard status
    Active
    APN
    1665098
    Size
    2,716 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Description
    Partition Plat: CS #36752 2000-P1397
    Tax Annual Amount
    6203

    Utilities

    Heating system
    Heat Pump (Heating), Zoned

    Building Details

    Year built
    2008
    Floors in Building
    2
    Number of units
    2
    Roof type
    Composition, Shingle

    Listing agent Jon Sims

    Listing office RE/MAX Integrity 4710 Village Plz Lp Ste 200, Eugene, OR

    Listing date Nov 3, 2025

    MLS# 390997196 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    This property features two homes situated on a 0.18-acre lot in Cottage Grove, Oregon. The first home, located at 1028 E. Grover, offers 1840 square feet of living space with vaulted ceilings, stone countertops, stainless steel appliances, and architectural elements. The second home, located at 1046 E Grover, is an 800 square foot accessory dwelling unit (ADU) with one bedroom and modern updates. The property is located in the heart of Cottage Grove.

    Key Highlights

    • Two Homes on One Lot: Main house and ADU offer rental income potential or multi‑generational living.
    • Modern Updates: Both homes feature modern updates, suggesting move‑in readiness.
    • Prime Location: Situated in the heart of Cottage Grove, offering convenient access to local amenities.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.7k $15.00
    − Vacancy −$2.6k −$0.98
    EGI $38.1k $14.03
    − OpEx −$11.4k −$4.21
    NOI $26.7k $9.82
    2,716 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $380.9K
    $333.3K – $444.4K (±1% cap)
    NOI $26,664 @ 7.0% cap · market cap 6.35%
    Second Best
    Apartment 5plus
    $354.6K
    $310.3K – $413.7K (±1% cap)
    NOI $24,822 @ 7.0% cap · market cap 5.91%
    Theoretical Best
    Office A
    $687.1K
    $601.2K – $801.6K (±1% cap)
    NOI $48,098 @ 7.0% cap · market cap 11.45%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Electrical Service Carpet & Flooring Store Daycare Center HVAC Service Law Firm Home Appliance Store Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Duplex - Two homes on a single lot in Cottage Grove, Oregon.
    Where is this duplex located?
    The property is located at 1028 E GROVER Ave Cottage Grove, OR.
    What is the asking price?
    The asking price for this property is $419,900.
    What are key features of this property?
    This property features: Two Homes on One Lot: Main house and ADU offer rental income potential or multi‑generational living.; Modern Updates: Both homes feature modern updates, suggesting move‑in readiness.; Prime Location: Situated in the heart of Cottage Grove, offering convenient access to local amenities.
    Contact an agent
    (541) 510-6695
    We can help!
    Contact an agent
    Jon Sims
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