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About This Home

This 8-bedroom, 4-bathroom residential multi family at 1630 CEDAR St in ForestGrove, OR is listed for $1,075,000 ($303 per sqft). Built in 1960, the home offers 3,552 sqft of living space on a 0.30 acres lot.

Agent Description

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.

Key Features

  • Built in 1960
  • 0.30 acre lot

Property Details

1 story
4 full
1960

Monthly Cost Estimate

$5,749/mo

20% down · 6.5% · 30 years

Principal$777
Interest$4,658
Insurance$314

Estimates only. Actual payments may vary.

Location

1630 CEDAR St

ForestGrove, OR 97116

Property Details

Heating

Baseboard

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 1630 CEDAR St is listed at $1,075,000 ($303/sqft). The estimated monthly payment is $4,658 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.30 acre lot.

This property is listed by Vijay Gopalswamy and can be reached at 5034817555 or Team@VijayRealtyGroup.com.

VG

Vijay Gopalswamy

Agent at Oregon First

(503) 481-7555

Listed by Oregon First

MLS# 448376764· Source: listhub· Updated 2 days ago

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1630 CEDAR St, ForestGrove, OR 97116

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