1620 CEDAR ST Forest Grove, OR97116

$929,000
4 total units
8 total bedrooms
4 total bathrooms
$55,140 annual income
Capitilization Rate: 4.98
3552 total sq. ft
20,000 SqFt to .99 Acres
Elementary School: Harvey Clark
Middle School: Tom McCall
High School: Forest Grove
Zoning: multi
931 days on market

VestorFilter™

Price per unit$232.3K/unit
Price per ft²$261.54/ft²
Price per acre$1.98M/ac
Price per bedroom$116.1K/bed
Time on market931 days

Property Description

Hidden oasis in Old Town presents amazing investment opportunity! 2 sets of duplexes, each with 2bed/1ba with separate office or storage space! Units fully rented but 3 lowest rents are on month-month leases making increasing rents or utilizing as an owner occupied easier. Property includes 2 car garage with workbench, ample parking, carport, shed, tranquil and private yard with landscaped commons area.

{{ compliance-logo }}Listing Provided By John L. Scott Market Center

Financial Data

Date Sold2021-11-15
Sold Price$929,000
Original Price$929,000
Current Price$929,000
Property Taxes$5,031

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Home Facts

StatusSold
Year Built1960
Stories1
Exterior Features
MLS ID21327751

Unit Details

Unit 1
Unit 2
Unit 3
Unit 4