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Mike Farrell

mikehomecenter@gmail.com +1(360) 910-1926

Listed by Oregon First • Team@VijayRealtyGroup.com

$1,075,000

Est. payment - /mo

3,552 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,552 sqft

Price per Sqft $302

MLS Listing ID 448376764

HOA Y/N No

Year Built 1960

Annual Tax Amount $6,243

Tax Year 2025

Lot Size 0.300 Acres

Property Description

Turnkey Quadplex Investment Opportunity!Discover a rare, income-producing property in the heart of Forest Grove's charming Old Town district. This well-maintained quadplex—comprised of two duplex buildings, offers immediate cash flow with all units currently rented, making it an ideal turnkey investment for both seasoned and first-time investors.Each of the four units features 2 bedrooms, 1 bathroom, plus additional storage shed. The property has seen recent updates, enhancing both curb appeal and long-term efficiency. While the interiors vary in level of updates, all units have been consistently cared for and are in solid condition.Set back in a peaceful, private setting, the property feels like a hidden oasis, complete with a landscaped common area that adds to tenant appeal and retention. Additional features include a 4 car carport, ample off-street parking, and the spacious storage shed.Investors will appreciate the upside potential providing flexibility to adjust rents to market rates or explore an owner-occupant strategy.Whether you're looking to expand your portfolio or secure a stable, income-generating asset with future growth potential, this quadplex checks all the boxes.Pease do not disturb tenants. Write offers subject to interior inspection, after mutual acceptance.

Location

State OR

County Washington

Community Commons

Area _152

Zoning Muti

Rooms

Basement None

Interior

Heating Baseboard

Cooling None

Exterior

Community Features Commons

Roof Type Composition

Garage No

Building

Lot Description Flag Lot

Story 1

Foundation Concrete Perimeter, Slab

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Joseph Gale

Middle Schools Neil Armstrong

High Schools Forest Grove

Others

Acceptable Financing CallListingAgent, Cash, Conventional

Listing Terms CallListingAgent, Cash, Conventional

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Regional Multiple Listing Service (RMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 910-1926

mikehomecenter@gmail.com

1630 CEDAR ST Forest Grove, OR 97116