Riverfront Duplex with
911 N 9TH St Cottage Grove, OR 97424
New
911 N 9TH St, Cottage Grove, OR, 97424
$750,000
For Sale
$750,000
MULTI_FAMILY - CottageGrove, OR
Property Size3,938 SF
Lot Size0.30 Acres
Price / SF$190.45
Days on Market2
Property Features for 911 N 9TH St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RC
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 6, Bathroom 3, Bathroom 6, Bathroom 2, Bathroom 1, Bathroom 5, Bathroom 4, Bedroom 2
- Standard status
- Active
- APN
- 1818267
- Size
- 3,938 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Description
- 20-03-28-24-00601
- Tax Annual Amount
- 8344
Utilities
- Heating system
- Forced Air
- Water front features
- River Front
- Water front
- 1
Building Details
- Year built
- 2005
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Composition
Listing Agency
Windermere RE Lane County
(541) 484-2022
1600 Oak St., Eugene, OR
Listed by
Angela Cherbas
(541) 914-8803
Added: Jul 16 Checked: Jul 17 at 2:06 pm
MLS# 386788382
Listing URL
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 riverfront duplex features two separate residences, each with spacious layouts and wood floors. The 975-side includes three bedrooms and 2.5 bathrooms, while the 911-side offers three bedrooms and three bathrooms. Both units include washers and dryers, forced-air heating, tankless water heaters, vinyl double-pane windows, and attached two-car garages, along with balconies and patios overlooking the river. The property is fully fenced and provides ample parking, with a recent update package including a new roof and fresh exterior and interior paint completed in June 2026.
Located in Cottage Grove near the heart of town, the property sits within zoning RC.
Located in Cottage Grove near the heart of town, the property sits within zoning RC.
Key Highlights
- Riverfront duplex built in 2005 with river‑facing balconies and patios
- Unit 1: 1,850 SF with 3 bedrooms and 2.5 bathrooms (975 side)
- Unit 2: 2,088 SF with 3 bedrooms and 3 bathrooms (911 side)
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
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex offers two units with in-unit laundry, forced-air heat, tankless water heaters, and attached two-car garages.
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: Riverfront duplex built in 2005 with river‑facing balconies and patios; Unit 1: 1,850 SF with 3 bedrooms and 2.5 bathrooms (975 side); Unit 2: 2,088 SF with 3 bedrooms and 3 bathrooms (911 side)
