New construction fourplex with standalone units available in Cottage Grove. Property is approved for the Multi-Unit Property Tax Exemption (MUPTE) with a completion deadline of November 2024, offering significant property tax savings for the next 10 years. Each 900 square foot open layout unit is equipped with 1 bed - 1 bath. Adjacent parcel available for purchase as well. Projected rents are $1,500 per unit. Owner financing available.
The median home value in Cottage Grove, OR is $975,000. This is higher than the county median home value of $416,200. The national median home value is $338,100. The average price of homes sold in Cottage Grove, OR is $975,000. Approximately 53.82% of Cottage Grove homes are owned, compared to 41.58% rented, while 4.61% are vacant. Cottage Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cottage Grove real estate agent to arrange a tour today!
Cottage Grove, Oregon has a population of 10,569. Cottage Grove is more family-centric than the surrounding county with 31.26% of the households containing married families with children. The county average for households married with children is 25.61%.
The median household income in Cottage Grove, Oregon is $52,994. The median household income for the surrounding county is $59,016 compared to the national median of $69,021. The median age of people living in Cottage Grove is 38.5 years.
The average high temperature in July is 80.5 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 47.2 inches per year, with 1.9 inches of snow per year.