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Multifamily Property With Four Homes
New
For Sale
$450,000

32120 NICHOLS Ln, Cottage Grove, OR 97424

MultiFamily, CottageGrove, OR

Property SizeContact for details
Lot Size2.01 Acres
Days on Market5

Property Features for 32120 NICHOLS Ln

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RR5
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 7, Bedroom 9, Bedroom 2, Bathroom 5, Bedroom 6, Bathroom 6, Bathroom 4
Elementary school Harrison
Middle school Lincoln
High school Cottage Grove
Directions To be filled in by the listing agent.
Subdivision _235
Standard status Active
APN 4265060
Lot size 2.01 Acres

Taxes and HOA fees

Tax Description 21-03-08-00-05800
Tax Annual Amount 2768
Legal Description 21-03-08-00-05800

Utilities

Heating system Forced Air

Building Details

Year built 1960
Floors in Building 1
Number of units 4
Roof type Composition
Listing Agency: Amy Dean Real Estate, Inc.
Listed By: Amy Dean · License #200504349
Added: Sep 4 Changed: Sep 7 Last Checked: Sep 8 at 1:06PM
MLS# 369807417

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 multifamily property includes 4 homes on one parcel: 1 stick-built residence and 3 manufactured homes. The residences share one well and are supported by four individual septic systems. The two homes at the front of the property are in poor condition, and the offering is conveyed as-is. Property features include forced-air heating and composition roofing, with a stated year built of 1960.

Located in Cottage Grove, Oregon, the property is identified as RR5 zoning and includes a mix of bedroom and bathroom accommodations across the residences. Buyers should independently verify property details and suitability for their intended use.

Key Highlights

  • 4 homes on one parcel
  • 1 stick‑built home and 3 manufactured homes
  • One shared well serves the property

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Carpet & Flooring Store Computer & Electronic Repair Tech Support Center Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - One parcel combines a site-built residence with manufactured housing and separate septic systems serving the residences.
Where is this multifamily property located?
The property is located at 32120 NICHOLS Ln Cottage Grove, OR.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4 homes on one parcel; 1 stick‑built home and 3 manufactured homes; One shared well serves the property
More about this property
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