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.
Active
Price cut: $15.1K (5/12)
$1,059,900
1630 Cedar St, Forest Grove, OR 97116
8beds
3,552sqft
Multi Family
Built in 1960
-- sqft lot
$1,027,300 Zestimate®
$298/sqft
$-- HOA
What's special
Peaceful private settingAmple off-street parkingLandscaped common areaSpacious storage shedAdditional storage shed
- 88 days |
- 248 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Vijay Gopalswamy 503-481-7555,
Oregon First
Source: RMLS (OR),MLS#: 448376764
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Range, Refrigerator, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Storage
- Basement: None
Interior area
- Total structure area: 3,552
- Total interior livable area: 3,552 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Detached
- Has carport: Yes
Features
- Stories: 1
Lot
- Size: 0.3 Acres
- Features: Flag Lot, SqFt 10000 to 14999
Details
- Parcel number: R425953
- Zoning: Muti
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Existing
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Commons
HOA
- Has HOA: No
Location
- Region: Forest Grove
Financial & listing details
- Price per square foot: $298/sqft
- Annual tax amount: $6,243
- Date on market: 4/12/2026
- Listing terms: Call Listing Agent,Cash,Conventional
- Total actual rent: 6823
- Road surface type: Paved
Estimated market value
$1,027,300
$976,000 - $1.08M
$1,843/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Price change | $1,059,900-1.4%$298/sqft |
Source: | ||
| 4/13/2026 | Listed for sale | $1,075,000$303/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/11/2017 | Listing removed | $1,050 |
Source: Owner Report a problem | ||
| 10/7/2017 | Listed for rent | $1,050 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 97116
Nearby schools
GreatSchools rating
- 3/10Joseph Gale Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 3/10Neil Armstrong Middle SchoolGrades: 7-8Distance: 1.6 mi
- 8/10Forest Grove High SchoolGrades: 9-12Distance: 1.5 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Washington County
- Forest Grove
- 97116
- 1630 Cedar St







