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Listed by Oregon First • 503-481-7555
$1,075,000
Est. payment /mo
3,552 SqFt
Active
1630 CEDAR ST Forest Grove, OR 97116
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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
NEARBY SCHOOL & BUSINESS
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