- ADDRESS:
- 1630 CEDAR ST Forest Grove, OR 97116
- Price:
- $1,075,000
- Units:
- 4
- Acres:
- 0.3
- Unit 1:
-
2 Bed
1.0 Bath
$1,845/mo
Features: Range, Refrigerator, Storage, Washer/Dryer Hookup - Unit 2:
-
2 Bed
1.0 Bath
$1,745/mo
Features: Range, Refrigerator, Storage, Washer/Dryer Hookup - Unit 3:
-
2 Bed
1.0 Bath
$1,645/mo
Features: Range, Refrigerator, Storage, Washer/Dryer Hookup - Unit 4:
-
2 Bed
1.0 Bath
$1,588/mo
Features: Range, Refrigerator, Storage, Washer/Dryer Hookup - MLS#:
- 448376764
- Lot Size:
- 10,000 to 14,999 SqFt
- Type:
- Multi
- Zone:
- Muti
- Yr Built:
- 1960
- Taxe/yr:
- $6,243.63
- County:
- Washington
- Status:
- Active
- Levels:
- 1
- Heat:
- Baseboard
- Elem:
- Joseph Gale
- Middle:
- Neil Armstrong
- High:
- Forest Grove
- Lot Desc:
- Flag Lot
- Area:
- Hillsboro, Forest Grove
- Courtesy of:
- Oregon First
- Remarks:
- 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.