$ 1,075,000
-
$1,075,000
Price -
8
Bed -
4
Bath -
3,552
SqFt
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About the Listing ORFT01 - GOPVIJ
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.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Multi-Family
MLS ®
448376764
Year Built
1960
Total Square Footage
3,552
Lot/Acreage
0.3
County
Washington
Elementary School
Joseph Gale
Middle School
Neil Armstrong
High School
Forest Grove
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Flag Lot
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: Muti
- Roof: Composition
- Others: Existing
- Sewer: Public Sewer
- Parking Features: Carport,Detached
Financial Details
- Tax Amount: $6,244
- Taxes w/Assessments: N/A
- Tax/Property ID: R425953
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
1630 Cedar St Forest Grove, OR 97116
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