$817,500
SOLD NOV 7, 2024
-- Bed
-- Bath
3,308 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$247 Per Sq Ft

3% Below List Price

92 Days on Market

Highlights

  • New Construction
  • Ductless Heating Or Cooling System
  • Level Lot
  • View of Trees or Woods
  • 2 Car Garage
  • Heating Available

About This Home

As of November 2024

SELLER OFFERING $$$$ towards buyer rate buy down or closing costs! Call for details. You are looking at a super savory income earning opportunity in a prime location! This is one of TWO identical duplexes for sale, each with 3 beds 2 and half baths, 1654 sqft and includes a yard and 1 car garage. Cap rate could be over 7% based on rents could bring in $62,400 in revenue per year. There are two (2231 and 2235 address) Renters are secured at $2,600 per side. Spectacular layout with accommodating features, quality construction, and walkable to Pacific University and Historic downtown Forest Grove and the elementary schools. The main level features easy access, low-maintenance vinyl floors and an open floor plan that seamlessly connects the powder room, living, dining, and kitchen area. Loads of natural light, three generously sized bedrooms. You'll have an attached garage, driveway and plenty of parking in an established neighborhood with a fenced back yard to enjoy fresh air or fun with furry friends. Investors dream, set it and forget it. All photos are of the completed/rented/identical duplex which already sold! Call for details!

Last Agent to Sell the Property

Marta Flori

Inhabit Real Estate Brokerage Email: info@inhabitre.com License #201218751 Listed on: 07/01/2024

Last Buyer's Agent

David Peck

MORE Realty License #200605402

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot
  • Flag Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,308 Sq Ft Home
  • 2-Story Property
  • Views of Woods

Schools

  • Joseph Gale Elementary School
  • Tom Mccall Middle School
  • Forest Grove High School

Utilities

  • Ductless Heating Or Cooling System
  • Mini Split Air Conditioners
  • Heating Available
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number R2228670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,031

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2024
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: FlagLot, Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Joseph Gale
  • High School: Forest Grove
  • Middle Or Junior School: Tom McCall

Lot Info

  • Zoning: RM
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: R2228670

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 1030.74

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2

Similar Homes in Forest Grove, OR

  • 2235 D St, Forest Grove, OR 97116

    $785,000

    • 6 Beds
    • 4 Baths
    • 3,308 Sq Ft
    • 2235 D St
    • Forest Grove, OR

    Perfect turnkey opportunity for any buyer/investor, built from the ground up on July of 2024. Both units are currently leased, ensuring immediate rental income. Townhome style duplex with a touch of modern. 2 identical units, 3 bedrooms 2 1/2 bathrooms each, over 1600 square feet of spacious floorpans with an abundance of natural light and two single car garages for any storage needs. The main

    Alma Lozano eXp Realty LLC

    Section Image
  • 1718 23rd Ave, Forest Grove, OR 97116

    $695,000

    • 5 Beds
    • 3 Baths
    • 3,212 Sq Ft
    • 1718 23rd Ave
    • Forest Grove, OR

    Investment Opportunity Awaits! Timeless Charm! Step into the heart of Forest Grove history with this captivating Craftsman that perfectly blends vintage elegance with modern flair. The main house boasts 3 inviting bedrooms and 2 stylish baths and showcases original woodwork paired with sleek concrete kitchen counters for a unique twist of old meets new.Need extra space or rental income? The

    Tanya Peterson John L. Scott Market Center

    Section Image
  • 1721 22nd Ave, Forest Grove, OR 97116

    $909,000

    • 7 Beds
    • 6 Baths
    • 4,404 Sq Ft
    • 1721 22nd Ave
    • Forest Grove, OR

    Located in the heart of Forest Grove, this versatile remodeled property can function as a spacious single-family home or a turnkey triplex. Included in the sale is a 2nd lot which is buildable for a potential fourth unit. With a total of 4,404 sqft across three units - a 4 bed, 3 bath main home, a 2 bed, 1 bath basement apartment, and a 1 bed, 1.5 bath ADU above the finished garage. This home

    Stephen Malfa Real Broker

    Section Image
  • 3128 Brittany Dr, Forest Grove, OR 97116

    $995,000

    • 5 Beds
    • 3 Baths
    • 4,178 Sq Ft
    • 3128 Brittany Dr
    • Forest Grove, OR

    This property boasts two beautiful duplexes, each offering a mix of 2-bedroom and 3-bedroom units. Each 3-bedroom unit features a primary suite with an ensuite bathroom. All units are fully equipped with a kitchen, inviting family room, a fenced yard/private back patio, ample storage space, washer/dryer hook-ups, and cooling options (A/C or heat pump). A serene, shared courtyard, with a gorgeous

    Kyle Hayden Hayden Group LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $817,500 0.0% $247 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
10/01/2024 10/01/24 Off Market $817,500 -- --
09/03/2024 09/03/24 Price Changed $825,000 -0.6% $249 / Sq Ft
08/15/2024 08/15/24 Price Changed $829,999 0.0% $251 / Sq Ft
07/15/2024 07/15/24 Price Changed $830,000 -1.2% $251 / Sq Ft
07/01/2024 07/01/24 For Sale $840,000 -- $254 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24094979

Regional Multiple Listing Service (RMLS)