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$4,600,000   Price Analysis
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935 Arthur Ave
Cottage Grove, OR 97424
42 bed 28 bath 19,600 SqFt ($234/SqFt)
Built 2023
Listed 2023-09-06, Taxes $796
May be USDA loan restricted due to income limits
near Cottage Grove

Brand new Price!

New 14 unit complex with extraordinary upside potenti al. Very low expenses! Townhome style units featuring 3 bdroom 2 bathrooms that include, LVP flooring, great open floorplans, double sinks in the master bathrooms and nice patio areas for each unit.

Conveniently located to close proximity to schools, shopping and many outdoor activates.


Presented by Javan Gray at
Emerald Property Management In.


Property MLS #23668364 from RMLS

Bedrooms: 42

Cooling Features: WallUnit
Heating Features: Radiant
Heating: Yes
Water Heaters: Electricity

Full Bathrooms: 28

Storage: Attached, Garage

Basement Description: CrawlSpace

Road Surface Type: Paved

Parking Features: Assigned, Guest

View: Mountain

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

Lincoln Middle School is a public middle school located approximately 0.5 miles away.
directions icon Map directions

Harrison Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Cottage Grove High School is a public high school located approximately 0.7 miles away.
directions icon Map directions

Cottage Grove Christian School is a private elementary and middle school located approximately 0.7 miles away.
directions icon Map directions

Gross Income: 321564
Rent Includes: TrashCollection

Number of Units: 14
Unit Type: UnitTypeType1
Bedrooms in Unit-1: 3
Total Bathrooms in Unit-1: 2

LotSizeRange: SqFt20000toAcres1
Annual Tax Amount: 796.16
Source Listing Status: Active
County: Lane
Cap Rate: 5.53
Directions: End of Arthur lane
Tax Year: 2022
Source Property Type: MultiFamily
Parcel Number: 1744042
Zoning: R3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $46,663
$46,663
$796
2021$unknown + $48,928
$48,928
$836
2020$unknown + $46,210
$46,210
$802
2019$unknown + $49,834
$49,834
$841
2018$unknown + $48,928
$48,928
$843
2017$unknown + $49,381
$49,381
$858
2016$unknown + $48,022
$48,022
$848
2015$unknown + $45,304
$45,304
$753
2014$unknown + $45,304
$45,304
$764
2013$unknown + $unknown
$70,115
$1,199
2012$unknown + $unknown
$70,115
$1,155
2011$unknown + $unknown
$68,770
$1,143
2010$unknown + $unknown
$66,767
$1,146
2009$unknown + $unknown
$64,822
$1,109
2008$unknown + $unknown
$62,934
$1,075
2007$unknown + $unknown
$61,101
$1,042

Relisted 2024-06-06
$4,600,000
RMLS
Listing removed 2024-06-02
$4,600,000
RMLS
Listing removed 2024-06-01
$0
RMLS
Price Changed 2024-01-20
$4,600,000
RMLS
Price Changed 2024-01-19
$0
RMLS
Price Changed 2024-01-12
$4,600,000
RMLS
Listed 2023-09-06
$4,800,000
RMLS
Listing removed 2023-04-30
$0
HeroPM
Listed for rent 2022-09-14
$1,995
HeroPM
Sold 2020-02-28
$210,000
Public Record
Sold 2018-11-06
$150,000
Public Record
Sold 2017-07-06
$110,000
RMLS
Listed 2017-06-05
$125,000
RMLS

Net Operating Income: 254564
Operating Expense: 70000

Year Built: 2023
Building Area Total: 19600
New Construction: Yes
Property Age: 1
Property Condition: NewConstruction
Roof: Composition

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.