Duplex with On-Site
For Sale
$419,900
1028 E GROVER Ave, Cottage Grove, OR 97424
MULTI_FAMILY - CottageGrove, OR
Property Size2,716 SF
Lot Size0.18 Acres
Price / SF$154.60
Days on Market273
Property Features for 1028 E GROVER Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1
Elementary school
Bohemia
Middle school
Lincoln
High school
Cottage Grove
Directions
Hwy 99 or 10th to E Grover
Subdivision
_235
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
Legal Description
Partition Plat: CS #36752 2000-P1397
Utilities
Heating system
Zoned, Heat Pump (Heating)
Building Details
Year built
2008
Floors in Building
2
Number of units
2
Roof type
Composition, Shingle
Listing Agency:
RE/MAX Integrity · RE/MAX International
(541) 345-8100
Listed By:
Jon Sims
(541) 510-6695
Added: Nov 3, 2025
Changed: Aug 1
Last Checked: Aug 3 at 2:06AM
MLS# 390997196
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.
Duplex property featuring two homes on a 0.18-acre lot. 1028 E Grover Ave offers 1,840 sq ft of modern living space with vaulted ceilings, stone countertops, stainless steel appliances, and architectural design elements. 1046 E Grover Ave is an 800 sq ft ADU-styled, one-level, one-bedroom home with many modern updates.
The property is zoned R1 and was built in 2008. Heating includes zoned heating and a heat pump system. The roof is described as composition shingle.
With two separate residences on the same lot, the configuration can be useful for owner-occupants or investors seeking an on-site second home.
The property is zoned R1 and was built in 2008. Heating includes zoned heating and a heat pump system. The roof is described as composition shingle.
With two separate residences on the same lot, the configuration can be useful for owner-occupants or investors seeking an on-site second home.
Key Highlights
- Two homes on a 0.18‑acre lot
- 1028 E Grover Ave: 1,840 sq ft with vaulted ceilings
- 1046 E Grover Ave: 800 sq ft ADU‑styled one‑bedroom one‑level home
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
NOI $26,664 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$354.6K
$310.3K – $413.7K
NOI $24,822 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$687.1K
$601.2K – $801.6K
NOI $48,098 @ 7.0% cap · market cap 11.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Explore this area
Business Placement
Demographics for 97424, OR
18,750
Population
7,920
Households
2.4
Avg Household Size
45
Median Age
22%
College-Educated
91%
High-School Grad
246.2 sq mi
ZIP Area
76
Density / Sq Mi
$71,985
Median Household Income
$36,588
Median Earnings
$1,012
Median Rent
$349,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two homes on a 0.18-acre R1 lot, including a heated ADU-style one-bedroom residence.
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 a 0.18‑acre lot; 1028 E Grover Ave: 1,840 sq ft with vaulted ceilings; 1046 E Grover Ave: 800 sq ft ADU‑styled one‑bedroom one‑level home
