3229 22ND AVEForestGrove, OR97116

$537,500
2 total units
$27,042 annual income
Capitilization Rate: 3.54
1920 sq. ft
SqFt10000to14999
Elementary School: Fern Hill
Middle School: Neil Armstrong
High School: Forest Grove
Zoning: RMH
1028 days on market

VestorFilter™

Price per unit$268.8K/unit
Price per ft²$279.95/ft²
Recent price drop$2,500
Time on market1028 days

Property Description

Unit 3229:Year lease renewed through August 2022, newer furnace, new water heater, new flooring, new windows. Unit 3231:Month to month (15 yr tenant). Offers subject to interior inspection. Please DO NOT disturb tenants.

{{ compliance-logo }}Listing Provided By Premiere Property Group, LLC

Financial Data

Date Sold2022-05-20
Sold Price$537,500
Price ChangeDropped $2,500 on 04/26/2023
Total $37,500 drop
Original Price$575,000
Current Price$537,500
Property Taxes$3,227

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Home Facts

StatusSold
Year Built1971
Stories1
Exterior Features
MLS ID21505376

Unit Details

Unit 1
Unit 2