Best Forest Grove duplex cap rate on the market, 6.06!!! Solid investment with this exceptional vintage-hip Mid Century duplex, presenting a rare investment opportunity. Zoned for a 4-plex, the existing garage areas offer the potential for two additional units, with one garage already converted into living space with its own bathroom. Very easy to make a Tri-plex and owner had an estimate for about $20,000 to make the 4th unit. HUGE UPSIDE, with seamless expansion without altering the foundation or roofline. A prime chance for investors to enhance cash flow, ideal for residing in one unit and leasing the other. Boasting parquet flooring and two fireplaces, this property is tailored for strategic investors seeking substantial returns. Excellent Forest Grove location, situated within a quiet confine of a cul-de-sac in a charming neighborhood and close to Pacific University.
Sold
Zillow last checked:
Listing updated:
Bought with:
Guadalupe Duran, 201246764
MORE Realty
Source: RMLS (OR),MLS#: 24581375
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2024 | Sold | $650,000$218/sqft |
Source:  RMLS (OR) #24581375 Report a problem | ||
| 3/14/2024 | Pending sale | $650,000$218/sqft |
Source: RMLS (OR) #24581375 Report a problem | ||
| 2/10/2024 | Listed for sale | $650,000$218/sqft |
Source: RMLS (OR) #24581375 Report a problem | ||
| 11/4/2020 | Listing removed | $1,750$1/sqft |
Source: Residential Rental Group, LLC Report a problem | ||
| 8/6/2020 | Price change | $1,750-4.1%$1/sqft |
Source: Residential Rental Group, LLC Report a problem | ||
| 7/30/2020 | Listed for rent | $1,825$1/sqft |
Source: Residential Rental Group, LLC Report a problem | ||
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Estimated market value
$685,800
