Overview
- 3552 Sqft
- 1960
- MultiFamily
- 448376764
- 0.3 Acres
- Oregon First
- Vijay Gopalswamy
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.
Details
Updated on June 2, 2026 at 7:12 am-
MLS# 448376764
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Price $1,059,900
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Property Size 3552 Sqft
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Land Area 0.3 Acres
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Garage Size x x
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Year Built 1960
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Property Type MultiFamily
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Property Status Active
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Office Name Oregon First
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Agent Name Vijay Gopalswamy
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Office Phone 503-646-5006
Additional details
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Listing Terms Call Listing Agent, Cash, Conventional
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Roof Composition
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Sewer Public Sewer
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Cooling None
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Heating Baseboard
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County Washington
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Property Type MultiFamily
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Parking Carport, Detached
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Elementary School Joseph Gale
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Middle School Neil Armstrong
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High School Forest Grove
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Community Features Commons
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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