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Brian Johnson

brian@bcjohnsonhomes.com +1(503) 957-5587

Listed by RE/MAX Integrity • 541-345-8100

$ 929,900

Est. payment | -/mo

3,928 SqFt

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$ 929,900

Est. payment | -/mo

Save

3,928 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,928 sqft

Price per Sqft $236

MLS Listing ID 210904208

HOA Y/N No

Year Built 2022

Annual Tax Amount $599

Tax Year 2025

Lot Size 7,405 Sqft

Property Description

Rare opportunity to acquire a newer construction fourplex designed for low maintenance and long-term performance. This thoughtfully built investment property offers strong income potential, with projected rents of approximately $1,500 per unit. The property benefits from the Multi-Unit Property Tax Exemption (MUPTE), providing significant property tax savings with many years remaining.Each of the four 1-bedroom, 1-bath cottage-style units features efficient, modern layouts and high-quality finishes that appeal to today's market. The open-concept main level includes durable hard-surface flooring, spacious living areas ideal for entertaining, and well-appointed kitchens with butcher block and granite countertops, along with ample cabinetry.Upstairs, each unit offers a generous private bedroom suite with a full ensuite bath and direct access to a private balcony. Individually metered electricity adds efficiency and simplifies management.A truly rare, modern fourplex with excellent cash-flow potential—you won't find another opportunity like this on the market. Schedule a private tour today!

Location

State OR

County Lane

Area _235

Zoning R1

Rooms

Basement None

Interior

Heating Ductless, Mini Split, Wall Heater

Cooling Heat Pump, Mini Split

Exterior

Roof Type Composition,Shingle

Garage No

Building

Lot Description Level

Story 2

Foundation Slab

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Harrison

Middle Schools Lincoln

High Schools Cottage Grove

Others

Acceptable Financing Cash, Conventional, FHA, Other, VALoan

Listing Terms Cash, Conventional, FHA, Other, VALoan

Regional Multiple Listing Service (RMLS)

Nearby Locations

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Brian Johnson

REALTOR®, Licensed in Oregon & Washington | Lic# 201220025

brian@bcjohnsonhomes.com

+1(503) 957-5587

5523 N Atlantic Ave, Portland, OR, 97217, USA

50 S 17TH ST Cottage Grove, OR 97424

Brian Johnson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION

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50 S 17TH ST