Newer-construction, fee-simple duplexes located approximately 10 blocks from Pacific University. Current combined gross monthly rental income is approximately $42,000. Assumable loan with a 5.45% interest rate. Income-producing properties with established rental income and assumable financing. Potential opportunity for a 1031 exchange. Buyer to verify rental income, loan terms, assumability, and all property information.
Active
$6,300,000
1270 Pacific Ave, Forest Grove, OR 97116
60beds
27,077sqft
Multi Family
Built in 2021
-- sqft lot
$-- Zestimate®
$233/sqft
$-- HOA
What's special
- 154 days
- 230
- 11
Zillow last checked:
Listing updated:
Listed by:
Fred Mueller 503-750-8030,
Premiere Property Group, LLC
Source: RMLS (OR),MLS#: 578623787
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 60
- Bathrooms: 40
- Full bathrooms: 40
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Gas Water Heater, Tankless Water Heater
Features
- Basement: None
Interior area
- Total structure area: 27,077
- Total interior livable area: 27,077 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Territorial, Trees/Woods
Lot
- Size: 0.8 Acres
- Features: Level, SqFt 20000 to Acres1
Details
- Parcel number: R2220699
- Zoning: R-5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding, Lap Siding, Vinyl Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition,Shingle
Condition
- New Construction
- Year built: 2021
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Forest Grove
Financial & listing details
- Price per square foot: $233/sqft
- Annual tax amount: $73,859
- Date on market: 5/1/2026
- Listing terms: Conventional
- Total actual rent: 86000
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Listed for sale | $6,300,000$233/sqft |
Source:  RMLS (OR) #578623787 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97116
Nearby schools
Schools provided by the listing agent
- Elementary: Joseph Gale
- Middle: Neil Armstrong
- High: Forest Grove
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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