Great opportunity to own a multi-unit complex in Forest Grove! The complex contains two duplexes, each with a 2-bedroom and a 3-bedroom unit. The duplexes are separated by a common courtyard with a gorgeous Japanese maple in the center. The 3-bedroom units have a primary suite with a primary bathroom. All the units have a kitchen, family room, fenced yard/back patio, storage, Washer/dryer hook-ups, and cooling (A/C or heat-pump). The property also includes two carports and communal parking. Brand new roof with transferable warranty. The exterior is in great shape!
Rare gem in this four-plex near Pacific University. Each unit has been meticulously maintained, offering a cozy and inviting atmosphere with very low maintenance. The layout of the units ensures privacy and comfort, making it an attractive option for tenants, owners and investors! Whether you're an experienced investor, a newcomer to the real estate market or looking for an owner occupied investment, this 4plex offers an excellent opportunity for financial growth. Take advantage of the robust rental market near the college campus and capitalize on the strong demand for quality housing in Forest Grove. Ask lender about new FHA guidelines for owner occupied 4plex with low downs!
The median home value in Forest Grove, OR is $516,000. This is lower than the county median home value of $545,400. The national median home value is $338,100. The average price of homes sold in Forest Grove, OR is $516,000. Approximately 59.37% of Forest Grove homes are owned, compared to 36.51% rented, while 4.12% are vacant. Forest Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Forest Grove real estate agent to arrange a tour today!
Forest Grove, Oregon 97116 has a population of 25,767. Forest Grove 97116 is more family-centric than the surrounding county with 37.21% of the households containing married families with children. The county average for households married with children is 36.2%.
The median household income in Forest Grove, Oregon 97116 is $73,499. The median household income for the surrounding county is $92,025 compared to the national median of $69,021. The median age of people living in Forest Grove 97116 is 35 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 42.3 inches per year, with 3.5 inches of snow per year.