Investment Opportunity!! Over 2 Acres! Should be dividable into two legal lots. Currently there are 4 separate addresses: 32144,32146,32142 and 32120 Nichols. 2001 Marlette MH was moved to this site. Includes old house, decent single wide MH and old MH of little value. Property has one Well and 4 Septic tanks. Selling "as is" Only. Need some TLC. Maybe replace old house and MH. Rental income is $4,550. Seller wants cash only.
Active
$550,000
32120 Nichols Ln, Cottage Grove, OR 97424
9beds
3,996sqft
Est.:
Multi Family
Built in 2001
-- sqft lot
$-- Zestimate®
$138/sqft
$-- HOA
What's special
- 1190 days |
- 509 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: October 19, 2025 at 07:35am
Listed by:
David Hemenway 541-954-0151,
H & H Real Estate
Source: RMLS (OR),MLS#: 22112604
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced Air
Cooling
- Air Conditioning
Appliances
- Included: Dishwasher, Range, Electric Water Heater
Features
- Storage
- Basement: Crawl Space
Interior area
- Total structure area: 3,996
- Total interior livable area: 3,996 sqft
Property
Parking
- Parking features: Detached, Garage
- Has garage: Yes
Features
- Stories: 1
- Has view: Yes
- View description: Mountain(s), Trees/Woods
Lot
- Size: 2.2 Acres
- Features: Level, Acres 1 to 3
Details
- Additional parcels included: 4265060,940500
- Parcel number: 4259451
- Zoning: RR5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, T111 Siding, Wood Siding
- Foundation: Skirting
- Roof: Composition
Condition
- Existing
- Year built: 2001
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Cottage Grove
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $202,053
- Annual tax amount: $695
- Date on market: 9/16/2022
- Listing terms: Cash,Owner Will Carry
- Total actual rent: 4575
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2025 | Listed for sale | $550,000+15.8%$138/sqft |
Source:  RMLS (OR) #22112604 Report a problem | ||
| 6/17/2024 | Listing removed | -- |
Source: RMLS (OR) #22112604 Report a problem | ||
| 3/16/2023 | Listing removed | -- |
Source: RMLS (OR) #22112604 Report a problem | ||
| 9/16/2022 | Listed for sale | $475,000+237.7%$119/sqft |
Source: RMLS (OR) #22112604 Report a problem | ||
| 2/23/2005 | Sold | $140,650$35/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $1,362 +113.6% | $121,991 +119.5% |
| 2017 | $638 -52.9% | $55,572 -53.1% |
| 2016 | $1,354 | $118,438 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,221/mo
Principal & interest
$2666
Property taxes
$362
Home insurance
$193
Climate risks
Neighborhood: 97424
Nearby schools
GreatSchools rating
- 5/10Harrison Elementary SchoolGrades: K-5Distance: 2.4 mi
- 5/10Lincoln Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Cottage Grove High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Harrison
- Middle: Lincoln
- High: Cottage Grove
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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