2424 E Whiteaker AvenueCottage Grove, OR97424

$490,000
2 total units
$30,630 annual income
3136 sq. ft
0.16 acres
Elementary School: Bohemia Elem
Middle School: Lincoln Middle
High School: Cottage Grove High
Zoning: R2-Med Density
162 days on market

VestorFilter™

Price per unit$245K/unit
Price per ft²$156.25/ft²
Recent price drop$60,000
Price per acre$3.06M/ac
Time on market162 days

Property Description

Consistently rented duplex with private fenced yards and single-car garages plus driveway parking. 3 bed/2.5 bath units each approx. 1,328 SF leased at $1315 and $1350 per month. Built in 2006 with laminate flooring and tankless water heaters and nearby shopping with easy access to Interstate 5 for quick commuting to Eugene/Springfield. Part of a multifamily portfolio listed for $1,775,000 at a 5.60% cap rate. 3 bed/2+ bath units, each with garages. Each has easy access to highways for commuting. Located in growing markets with consistent occupancy. Madras220150405Cottage Grove220150407Pendleton 220150413220150415

Financial Data

Price ChangeDropped $60,000 on 10/26/2022
Total $60,000 drop
Original Price$550,000
Current Price$490,000
Property Taxes$4,450

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Home Facts

StatusActive
Year Built2006
MLS ID220150407