Riverfront Duplex with Attached
For Sale
$600,000
911 N 9th St, Cottage Grove, OR 97424
Two spacious residences offer private outdoor areas, dedicated garages, and flexible owner-occupant or rental use.
Property Size3,938 SF
Price / SF$152.36
Days on Market71
Property Features for 911 N 9th St
General Information
Standard status
Active
Size
3,938 SF
Property subtype
Multi-Family
Units
Unit Mix
3BR/2.5BA, 3BR/3BA
Multifamily Units
2
Amenities
wood floors
washers and dryers
attached garages
balconies and patios
fully fenced
Building Details
Year Built
2005
Listing Agency:
Windermere RE Lane County
Listed By:
Angela Cherbas
(541) 914-8803
Source:
Evokepropertypartners
Added: Aug 6
Changed: Oct 12
Last Checked: Oct 7 at 5:06PM
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, built in 2005, contains two residences totaling 3,938 square feet. The 911-side unit provides 3 bedrooms, 3 bathrooms, and 2,088 square feet; the 975-side unit includes 3 bedrooms, 2.5 bathrooms, and 1,850 square feet. Both homes feature wood flooring, washers and dryers, forced-air heating, tankless water heaters, vinyl double-pane windows, attached two-car garages, and outdoor areas oriented toward the river. The property is fully fenced and includes ample parking.
Located at 911 N 9th St in Cottage Grove, the duplex is minutes from the heart of town. A new roof and fresh interior and exterior paint were completed in June 2026. The two-unit configuration supports owner-occupied living with additional residential space or separate rental use.
Located at 911 N 9th St in Cottage Grove, the duplex is minutes from the heart of town. A new roof and fresh interior and exterior paint were completed in June 2026. The two-unit configuration supports owner-occupied living with additional residential space or separate rental use.
Key Highlights
- Riverfront duplex with two 3‑bedroom residences totaling 3,938 square feet
- 911‑side unit: 3 bedrooms, 3 bathrooms, and 2,088 square feet
- 975‑side unit: 3 bedrooms, 2.5 bathrooms, and 1,850 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,661
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,220
$773.2K
Cap Rate 7%
$552,300
$552.3K
Cap Rate 9%
$429,567
$429.6K
Market Conditions
NOI Build-Up for 3,938 SF
Gross rent
$59.1K $15.00/SF
− Vacancy
−$3.8K −$0.98/SF
EGI
$55.2K $14.03/SF
− OpEx
−$16.6K −$4.21/SF
NOI
$38.7K $9.82/SF
Area
Lane County, OR
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,220
Cap Rate 7%
$552,300
Cap Rate 9%
$429,567
Alternative Uses
Best Use
Multifamily LT 5
$552.3K
$483.3K – $644.4K
NOI $38,661 @ 7.0% cap · market cap 6.44%
Second Best
Apartment 5plus
$514.2K
$449.9K – $599.9K
NOI $35,991 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$996.3K
$871.7K – $1.16M
NOI $69,739 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
662
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?
Duplex - Two spacious residences offer private outdoor areas, dedicated garages, and flexible owner-occupant or rental use.
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 $600,000.
What are key features of this property?
This property features: Riverfront duplex with two 3‑bedroom residences totaling 3,938 square feet; 911‑side unit: 3 bedrooms, 3 bathrooms, and 2,088 square feet; 975‑side unit: 3 bedrooms, 2.5 bathrooms, and 1,850 square feet
