Riverfront Duplex with Two
911 N 9th St Cottage Grove, OR 97424
911 N 9th St, Cottage Grove, OR, 97424
$750,000
For Sale
$750,000
Duplex offering two riverfront units with attached two-car garages, in-unit laundry, and outdoor space.
Property Size3,938 SF
Price / SF$190.45
Days on Market8
Property Features for 911 N 9th St
General Information
- Standard status
- Active
- Size
- 3,938 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 2005
Listing agency
Windermere RE Lane County
(541) 914-8803
Listed by
Angela Cherbas
(541) 914-8803
Source
Allprofessionalsre
Added: Jul 16 Updated: Jul 22 at 3:17PM Checked: Jul 22 at 3:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere RE Lane County
Investment Insights
Based on property information with market context.
This riverfront duplex features two separate units, each with spacious interiors and outdoor space overlooking the river. The 975 side is configured with three bedrooms and 2.5 bathrooms, with forced-air heating, a tankless water heater, vinyl double-pane windows, wood floors, in-unit washers and dryers, and an attached two-car garage. The 911 side includes three bedrooms and three bathrooms, with similar mechanical and finishes, plus an attached two-car garage and a balcony or patio.
The property is fully fenced and includes ample parking. Recent improvements include a new roof and fresh exterior and interior paint completed in June 2026.
Both units are designed for owner-occupant flexibility or rental use, with practical features throughout such as tankless hot water, in-unit laundry, and attached garage parking for each side.
The property is fully fenced and includes ample parking. Recent improvements include a new roof and fresh exterior and interior paint completed in June 2026.
Both units are designed for owner-occupant flexibility or rental use, with practical features throughout such as tankless hot water, in-unit laundry, and attached garage parking for each side.
Key Highlights
- Duplex built in 2005 with two riverfront sides in Cottage Grove
- 975 side: 3BR, 2.5BA, 1,850 SF with wood floors, in‑unit washer/dryer, forced‑air heat, tankless water heater
- 911 side: 3BR, 3BA, 2,088 SF with wood floors, in‑unit washer/dryer, forced‑air heat, tankless water heater
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 | $59.1k | $15.00 |
| − Vacancy | −$3.8k | −$0.98 |
| EGI | $55.2k | $14.03 |
| − OpEx | −$16.6k | −$4.21 |
| NOI | $38.7k | $9.82 |
3,938 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$552.3K
$483.3K – $644.4K
NOI $38,661 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$514.2K
$449.9K – $599.9K
NOI $35,991 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$996.3K
$871.7K – $1.16M
NOI $69,739 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex offering two riverfront units with attached two-car garages, in-unit laundry, and outdoor space.
Where is this duplex located?
The property is located at 911 N 9th St Cottage Grove, OR.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Duplex built in 2005 with two riverfront sides in Cottage Grove; 975 side: 3BR, 2.5BA, 1,850 SF with wood floors, in‑unit washer/dryer, forced‑air heat, tankless water heater; 911 side: 3BR, 3BA, 2,088 SF with wood floors, in‑unit washer/dryer, forced‑air heat, tankless water heater