Shawn Realty 503-515-4499
223 S 6TH ST, Cottage Grove, OR 97424
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- Year Built
- 1947
- County
- Lane
- Annual Tax
- $4,186
- Days on Market
- 5 days
- Open House
- None scheduled
Monthly payment
$5,708 per month
- Principal & interest$5,182
- Property taxes$349
- HOA dues$0
- Home insurance$177
- Utilities$0
10% down · 30-year fixed · 7.18% rate · 7.281% APR (est.)
Rate: Freddie Mac weekly average, as of 11/05/2026. Estimate by Shawn Realty, not RMLS data.
Estimate by Shawn Realty, not RMLS data.
- Interest rate: 7.18% (7.281% APR, estimated). Rate: Freddie Mac weekly average, as of 11/05/2026.
- Down payment: 10% ($85,000) on $850,000; loan $765,000
- Term: 30-year fixed (360 monthly payments)
- Property taxes: $349/mo (RMLS annual tax ÷ 12)
- HOA dues: $0 (no HOA fee listed in RMLS)
- Home insurance: $177/mo (Shawn Realty assumption, 0.25% of price per year; not a quote)
- Est. APR assumes 1% of the loan amount in points and lender fees.
This is an estimate. Verify exact numbers with your lender.
Estimate only, not a loan offer or commitment. Principal, interest, est. property tax and HOA. Excludes homeowners insurance, mortgage insurance (PMI, typically required with under 20% down) and other costs. Actual rate, APR and payment depend on credit, lender and loan program. Talk to a licensed loan officer.
Description
Exceptional Mixed-Use Investment Opportunity in Downtown Cottage Grove! This versatile approximately 4,870 SF commercial building offers five total units, combining three residential units with two retail spaces for multiple income streams and investment potential. Ideally located in downtown Cottage Grove, this two-story property features three extensively remodeled upstairs residential units with new LVP flooring, fresh interior paint, updated kitchen cabinets, new appliances, light fixtures, and new windows. Washer/Dryer hookup and appliances in units 2 and 3. Situated on approximately 0.15 acres with paved on-site parking and C-2P zoning, the property offers flexibility for investors seeking a mixed-use income opportunity or business owners looking to combine commercial space with residential rental income. Conveniently located near downtown shops, restaurants, and local amenities. Take advantage of this unique opportunity to own a versatile income-producing property in the heart of Cottage Grove! Assumable note at 4%
Facts & Features
| Property Type | Multi Family |
|---|---|
| Year Built | 1947 |
| County | Lane |
| Elementary School | Bohemia |
| Middle School | Lincoln |
| High School | Cottage Grove |
| Heating | Baseboard, Forced Air, Wall Heater |
| Roof | Flat |
| View | No |
| Lot Features | Level |
| Parking | Paved |
| Sewer | Public Sewer |
| Water | Public Water |
| Annual Taxes | $4,186 |
| Original List Price | $850,000 |
| RMLS # | 514861558 |
Map data © OpenStreetMap contributors (not RMLS data).
Listed by Jeremy Parmenter • TLC Realty
Listing updated: Nov 5, 2026 at 2:59pm
Source: RMLS #514861558
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Shawn Realty are marked with the RMLS logo, and detailed information about these properties includes the name of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
This content last updated on 11/09/2026 17:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by RMLS.
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Shawn Yu, Shawn Realty · 503-515-4499
Shawn Yu (Shawn Realty) is not the listing agent for this home.
Shawn Realty