1308 E Main St, Cottage Grove, OR 97424
Property image
Property image
PENDING
3D VIEW

$1,650,000

  • 4 Beds
  • 6 Baths
  • 4,554 sqft

1308 E Main St, Cottage Grove, OR 97424

Est. Mortgage $9,591/mo*
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Home Highlights

Multi-Family
Built in 2020
$362/sqft
Garage

Local Information

  • Map ViewExplore the area around 1308 E Main St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Exceptional Mixed-Use Investment Opportunity in the Heart of Cottage Grove! Built by JDL Construction in late 2020, this nearly new development includes a fully rented triplex and a separate commercial building, offering immediate income, long-term stability, and strong investment potential. The triplex features two 575 sq ft 1 bed / 1 bath apartments on the ground level, each equipped with stainless steel appliances and stackable washer/dryers. Above is a stunning 1,704 sq ft penthouse accessed by a private elevator inside the attached two-car garage. This luxurious residence offers 2 bedrooms, 2 bathrooms, an office, indoor laundry, and a large walk-in closet. The chef’s kitchen includes two refrigerators, stainless appliances, gas range, quartz countertops, and custom cabinetry. Additional highlights include wide-plank oak flooring, heated tile floors, custom lighting, on-demand hot water, and large picture windows overlooking Coiner Park. The Trex front deck with decorative wrought iron railing spans the length of the penthouse and is accessible through French doors from the primary suite and living room. The separate 1,700 sq ft commercial building is leased with 4 years remaining, providing stable, long-term income. It features ADA compliance, off-street parking, bay door access, ductless HVAC, two bathrooms, conference room, storage room, and front lobby. An electronic wrought iron gate separates the residential and commercial spaces. With existing tenants and strong rental demand, this property offers excellent income potential and future CAP rate upside. Live in the penthouse while generating rental income, or maintain it as a fully functioning investment property. Additional benefit: transferable tax deferral with approximately 4 years remaining, resulting in property taxes of only $756 per year. Prime location, just minutes to I-5 and historic downtown district. A rare opportunity to own one of the best commercial lots on Main Street with built-in income!
Last check for updates: about 12 hours ago
Listing courtesy of Lindsay Martinez, (541) 510-4665
Wonderland Realty LLC
Source: RMLS (OR), MLS#286066990

Home Details for 1308 E Main St

Active Status

MLS Status: Pending

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 6Number of Bathrooms (full): 4Number of Bathrooms (partial): 2
Dimensions and Layout
Living Area: 4554 Square Feet
Appliances & Utilities
Utilities: Cable ConnectedAppliances: Dishwasher, Refrigerator, Washer/Dryer, Gas Water Heater, Tankless Water HeaterDishwasherRefrigerator
Heating & Cooling
Heating: DuctlessHas CoolingAir Conditioning: Air ConditioningHas HeatingHeating Fuel: Ductless
Gas & Electric
Gas: Gas
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Accessibility: Handicap AccessFloors: Hardwood
View
Has a ViewView: City, Mountain(s), Park/Greenbelt
Security
Security: Fire Sprinkler System, Security Gate, Security System Owned

Exterior Features

Exterior Home Features
Roof: Flat Metal
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 10Parking: Off Street,Secured
Frontage
Road Surface Type: Paved
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 133Days on Market: 180+

Property Information

Year Built
Year Built: 2020
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: StuccoNot Attached Property
Property Information
Condition: ApproximatelyParcel Number: 0898831

Price & Status

Price
List Price: $1,650,000Price Per Sqft: $362
Status Change & Dates
Off Market Date: Tue Jul 21 2026

Media

Location

Direction & Address
City: Cottage Grove
School Information
Elementary School: BohemiaJr High / Middle School: LincolnHigh School: Cottage Grove

Agent Information

Listing Agent
Listing ID: 286066990

Building

Building Area
Building Area: 4554 Square Feet

HOA

No HOA

Offer

Listing Terms: Cash, Conventional

Rental Terms, Policies & Fees

Rent Includes: None

Miscellaneous

Mls Number: 286066990

Around this home

What Locals Say about Cottage Grove

At least 67 Trulia users voted on each feature.

  • 88 % Say parking is easy

  • 85 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 79 % Say there's holiday spirit

  • 75 % Say there are sidewalks

  • 72 % Say kids play outside

  • 67 % Say it's walkable to restaurants

  • 66 % Say car is needed

  • 64 % Say people would walk alone at night

  • 62 % Say it's walkable to grocery stores

  • 58 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 53 % Say they plan to stay for at least 5 years

  • 44 % Say streets are well-lit

  • 43 % Say there are community events

  • 39 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • 2n58v7pw55
    "The people here have communicated well with each other and have pulled together in the time of need."
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  • Damion K.
    "Cottage Grove is small town USA that has done work to make it self more attractive to tourism with two nice reservoirs a great rails to trails bake path stocked fishing pounds a up start brewing culture mainly small and unique shops in the renovated down town area food carts it’s small town living 20 minutes from the University of Oregon and the city of Eugene "
    0
    Flag
  • Tabatha P.
    "There are no sidewalks on my street which is a draw back but there are two public parks nearby and a bicycle path that are great for walks. "
    0
    Flag
  • Mamy B.
    "Special place to grow family, parks, playgrounds, stores, restaurants, nature, friendly people, events... "
    0
    Flag
  • Onamarie0955
    "it's a great area to walk, lots of kids and friendly people all the time. So buy a bark collar for you dog if you don't build a fence. "
    0
    Flag
  • Dnid79
    "Halloween and Christmas! Movie night at the fire house for the city, Bohemia Mining Days and the Carnival."
    0
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  • Wendi M.
    "Schwartz Campground is close by and nice hiking and biking trails are right out your front door. Dorena reservoir is very close as well."
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  • Toni L.
    "I used to like living here...but then again Im an adult now and I was a sheltered child. Too many people and the city is not spread out enough for traffic. It takes 15 minutes to get from one end to the other when it used to be less than 5. People are nice, but very nosey. Cant wash my car, change the oil, mow the lawn without 5 people in that time, saying “me next”. We do have walmart, safeway and bimart. Not enough cafes to enjoy.its just your basic mcdonalds or the 3 expensive restaurants ($20+ per plate). And tweakers EVERYWHERE. Im ready to move."
    2
    Flag
  • M
    "Nice place to raise a family. Good people around and lots to do. Bike paths that run all threw town and lots of fishing holes waterfalls lakes and streams good little town where you feel right at home"
    7
    Flag
  • McKinnon
    "This is a small community that fosters a good deal of spirit. Neighbors watch out for each other the people you see every day become friends. I have lived here for 11 + years now and raised 8 children here with great success the schools are great the town offers lots to do all year round and is generally family friendly with lots to explore and do out side crime is almost nil and the local police are fantastic"
    4
    Flag
  • Andrea I.
    "My Husband drives all over the state for work. It is less than 5 minutes to the highway and only 20 minutes to Eugene. Nice flat roads, for when there is ice or snow."
    0
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  • Jani k. C. G.
    "I work from home so this Durant really apply to me. When I did commute in the past, I loved the 20 minute drive to Eugene. It’s beautiful territory! "
    0
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  • Teek728
    "small town, quick 2 min drive to anywhere. has all the basics..kinda wish we had more shops like clothing/shoes or reasonably priced restaurants.. please dont move here..youll ruin it. theres already enough people here."
    0
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Market trends in Cottage Grove

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
61
3MoM

Home Value

Trulia Estimate
$1.57M
Since last month
Increased$5K (+0.3%)
Since last year
Increased$1M (+207.9%)
Since last sale
Increased$1M (+215%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +563% in the last 10 years
MonthEstimated value
2026
August 2026$1.58M
August 2026$1.57M
July 2026$1.57M
June 2026$1.58M
May 2026$1.58M
April 2026$1.58M
March 2026$1.61M
February 2026$526K
January 2026$525K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
796 S R St, Cottage Grove, OR
1.14
Multi-Family Home
$524,900
08/24/26
4
2
1,942

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
260 Columbia Ct, Cottage Grove, OR 97424
0.12
$370,400
3
2
1,332
Off Market
38 S 12th St, Cottage Grove, OR 97424
0.08
$383,000
3
1
1,258
Off Market
45 S 12th St, Cottage Grove, OR 97424
0.11
$401,200
4
1
1,876
Off Market
1601 E Main St, Cottage Grove, OR 97424
0.16
$770,000
2
2
3,180
For Sale
139 S 15th St, Cottage Grove, OR 97424
0.14
$325,000
4
2
1,347
Recently Sold
50 S 16th St, Cottage Grove, OR 97424
0.17
$319,999
3
1
1,004
For Sale
1646 E Gibbs Ave, Cottage Grove, OR 97424
0.20
$321,100
3
1
972
Off Market
243 N Lane St, Cottage Grove, OR 97424
0.19
$322,500
3
1
1,392
Recently Sold
1239 Adams Ave, Cottage Grove, OR 97424
0.16
$358,800
3
1
1,046
Off Market
405 N 16th St, Cottage Grove, OR 97424
0.22
$379,500
3
2
1,348
Off Market
131 N 10th St, Cottage Grove, OR 97424
0.19
$310,000
4
1
1,872
Recently Sold
1509 Harvey Rd, Cottage Grove, OR 97424
0.24
$336,800
3
2
1,610
Off Market

Price and Tax history

DateEventPrice
Jul 21, 2026
Source: RMLS (OR) #286066990
Pending
$1,650,000
Mar 10, 2026
Source: RMLS (OR) #286066990
Listed For Sale
$1,650,000
Jun 17, 2014
Source: Agent Provided
ListingRemoved
$325,000
Jun 4, 2014
Source: Agent Provided
Listed For Sale
$325,000
Mar 3, 2014
Source: Agent Provided
ListingRemoved
$325,000

LGBTQ Local Legal Protections

Lindsay Martinez, Wonderland Realty LLC
Agent Phone: (541) 510-4665
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 Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-09-07 15:19:04 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Frequently asked questions about 1308 E Main St

  • What is the estimated monthly payment for 1308 E Main St?
    Based on a $1,650,000 list price with 20% down at today's rates, the estimated monthly payment for 1308 E Main St in Cottage Grove, OR is approximately $9,846 (about $8,685 principal & interest, $1,086 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Cottage Grove?
    Residents describe Cottage Grove, OR as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Cottage Grove, OR.
  • What are the closest schools to 1308 E Main St?
    The closest schools to 1308 E Main St in Cottage Grove, OR are Cottage Grove High School (rated 5/10), Harrison Elementary School (rated 5/10), Lincoln Middle School (rated 5/10).
  • What is 1308 E Main St estimated to be worth?
    Trulia's estimated value for 1308 E Main St in Cottage Grove, OR is $1,575,000.
  • Does 1308 E Main St have air conditioning?
    Yes, 1308 E Main St in Cottage Grove, OR has air conditioning.
  • Does 1308 E Main St have laundry facilities?
    Yes, 1308 E Main St in Cottage Grove, OR has laundry facilities.
1308 E Main St, Cottage Grove, OR 97424 is a 4 bedroom, 6 bathroom, 4,554 sqft multi-family built in 2020. This property is currently available for sale and was listed by RMLS (OR) on Mar 10, 2026. The MLS # for this home is MLS# 286066990.