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Riverfront Duplex with Two Garages

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
Listed by Angela Cherbas
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.

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 (±1% cap)
NOI $38,661 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$514.2K
$449.9K – $599.9K (±1% cap)
NOI $35,991 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$996.3K
$871.7K – $1.16M (±1% cap)
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

Suggested Use

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

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

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
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