Multifamily Property with Four
For Sale
$450,000
32120 NICHOLS Ln, Cottage Grove, OR 97424
MultiFamily, CottageGrove, OR
Property SizeContact for details
Lot Size2.01 Acres
Days on Market31
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 1, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 7, Bedroom 6, Bedroom 8, Bathroom 4, Bedroom 9, Bathroom 5, Bathroom 6
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
(541) 554-4442
Added: Sep 4
Changed: Oct 2
Last Checked: Oct 4 at 7:06PM
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.
The 2.01-acre property includes four homes: one stick-built residence and three manufactured homes. A shared well serves the site, with a recently installed pump, and each home has its own septic system. Two of the manufactured homes have new roofs. The two homes at the front of the property are in poor condition, and the sale is as-is with no repairs by the seller.
The parcel is zoned RR5. The property includes a mix of construction types and separate septic systems across its four residences.
The parcel is zoned RR5. The property includes a mix of construction types and separate septic systems across its four residences.
Key Highlights
- Four homes on 2.01 acres: one stick‑built residence and three manufactured homes
- One shared well with a new pump
- Four individual septic systems
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four residences share a well, with separate septic systems serving each home.
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: Four homes on 2.01 acres: one stick‑built residence and three manufactured homes; One shared well with a new pump; Four individual septic systems
