Check Availability
$890,000
Multifamily - For Sale

2813 22ND AVE

Forest Grove, OR 97116
bedrooms
Studio
bathrooms
0 Bath
square feet
2862 Sqft
$5,011
Estimated Monthly
$0
HOA / Fees
1.29%
Cap Rate

About This Property

BUILDING POTENTIAL: This premium duplex on 2813 22nd Ave stands as a testament to quality and potential. Spanning 2862 sqft, each single-level ranch-style unit offers 3 bedrooms, 2 baths, and a spacious kitchen, all laid on gleaming hardwood floors. The central heating and cooling system ensures year-round comfort. All new plumbing was recently installed throughout the whole building. Outdoors, each unit boasts a deck overlooking a huge privately fenced yard. A historic barn adds character, while the driveway and 2-car garage for each unit provide ample parking. Located just blocks from parks and the historic downtown of Forest Grove, the property's location is prime. But it's the future potential that truly sets this duplex apart. Set on a 0.72 acre lot zoned for RMH Medium-High Density Residential, there's a significant opportunity for expansion. Seller has plans already drawn up for an additional 5plex and city says there's potential for even more units, this isn't just a purchase; it's an investment with huge growth potential and a rare find. Buyer to do due diligence on zoning and building potential. Please do not disturb tenants. Ask about owner occupancy potential.

The manager has listed the unit size as 2862 square feet.
Unit Size
2,862Ft²
Days on Market
237 days
Land Size
-
Price per sqft
$311
Property Type
Multifamily
Property Taxes
$641
HOA Dues
-
Year Built
1975
Listed By
Stephen Malfa
Stephen Malfa
Keller Williams Realty Professionals
Last updated: 3 months ago (RMLSOR #23046275)

Price History

Date / Event Date Event Price
Jan 24, 2024 Relisted $890,000
Relisted
Jan 19, 2024 No longer available -
No longer available
Sep 7, 2023 Listed by Keller Williams Sunset Corridor $890,000
Listed by Keller Williams Sunset Corridor

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Vinyl Siding
Wood Siding

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

2813 22nd Avenue 2813 22nd Avenue, Forest Grove, OR 97116
  • 1 Unit for Sale
More about this Building
2813 22nd Avenue
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About Forest Grove


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