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$5,500,000   Price Analysis
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125 Gateway Blvd
Cottage Grove, OR 97424
83 bed 37 bath 20,104 SqFt ($273/SqFt)
Built 1972
Listed 2022-10-14, Taxes $2,493
May be USDA loan restricted due to income limits
near Cottage Grove

Unique opportunity fr an investment property.

Gateway Apartments are Section 8 housing in Cottage Grove. Includes basketball court, playground, off-street parking and central laundry.

Improvements made to interior and exterior. Please do not dis turb the residents. Units are (1) 1/1 (26) 2/1 and (10) 3/1.


Presented by Gabe Johansen at
SMI REAL ESTATE.


Property MLS #22060873 from RMLS

Bedrooms: 83

Full Bathrooms: 37

Heating Features: Baseboard
Heating: Yes
Water Heaters: Gas

Elementary School: Bohemia
High School: Cottage Grove
Middle School: Lincoln

Lincoln Middle School is a public middle school located approximately 1.2 miles away.
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Cottage Grove High School is a public high school located approximately 1.3 miles away.
directions icon Map directions

Bohemia Elementary School is a public elementary school located approximately 1.3 miles away.
directions icon Map directions

Cottage Grove Christian School is a private elementary and middle school located approximately 0.6 miles away.
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Number of Units: 37
Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

LotSizeRange: Acres1to3
Annual Tax Amount: 2424.650000000
Source Listing Status: Active
County: Lane
Directions: Hwy 99 to E Main St. East on E Main to Gateway Blvd - head north. Property is on the West side
Tax Year: 2021
Source Property Type: MultiFamily
Parcel Number: 1006368
Zoning: R3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$136,255
$2,493
2021$unknown + $unknown
$132,287
$2,424
2020$unknown + $unknown
$128,434
$2,377
2019$unknown + $unknown
$124,694
$2,249
2018$unknown + $unknown
$121,063
$2,221
2017$unknown + $unknown
$117,537
$2,159
2016$unknown + $unknown
$114,114
$2,127
2015$unknown + $unknown
$110,790
$1,969
2014$unknown + $unknown
$107,563
$1,937
2013$unknown + $unknown
$104,430
$1,904
2012$unknown + $unknown
$101,388
$1,731
2011$unknown + $unknown
$98,435
$1,685
2010$unknown + $unknown
$95,568
$1,640
2009$unknown + $unknown
$92,784
$1,588
2008$unknown + $unknown
$90,082
$1,539
2007$unknown + $unknown
$87,458
$1,491

Price Changed 2024-05-02
$5,500,000
RMLS
Price Changed 2024-05-02
$5,500,000
Willamette
Price Changed 2024-04-13
$6,250,000
RMLS
Price Changed 2024-04-11
$6,250,000
Willamette
Price Changed 2024-02-16
$6,500,000
RMLS
Price Changed 2024-02-16
$6,500,000
Willamette
Price Changed 2024-01-20
$6,700,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Listed 2022-10-14
$6,700,000
RMLS
Listed 2022-10-14
$6,700,000
Willamette
Sold 1991-03-29
$1,280,000
Public Record

Year Built: 1972
Building Area Total: 20104
Property Age: 52
Levels or Stories: 2

Sewer: PublicSewer
Water Source: PublicWater
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.