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Listed by Real Broker • stephen@findandfinance.com
$909,000
Est. payment /mo
4,404 SqFt
Active
1721 22ND AVE Forest Grove, OR 97116
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,404 sqft
Price per Sqft $206
MLS Listing ID 444219287
Year Built 1930
Annual Tax Amount $10,646
Tax Year 2025
Lot Size 10,890 Sqft
Property Description
Located in the heart of Forest Grove, this remodeled 1930s home offers true flexibility: live in the spacious main house and collect rent, or run it as a fully leased triplex. The sale includes a separate 0.12-acre buildable lot already partitioned for a potential fourth unit. The property totals 4,404 sq ft 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 detached garage. Updated finishes throughout while preserving original character. Outside features a large lot with front porch, patio, pergola, mature landscaping, and multiple driveways. Walking distance to Pacific University, parks, dining, and shopping. Currently generating $6,925 per month in rent ($2,725 main + $2,100 basement + $2,100 ADU) with owner paying utilities. Ideal for an owner-occupant who wants income or an investor seeking immediate cash flow.
Location
State OR
County Washington
Area _152
Zoning RML
Rooms
Basement Finished, Separate Living Quarters Apartment Aux Living Unit
Interior
Heating Forced Air
Cooling Central Air
Exterior
Roof Type Composition
Garage No
Building
Lot Description Level
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Schools
Elementary Schools Harvey Clark
Middle Schools Neil Armstrong
High Schools Forest Grove
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
NEARBY SCHOOLS & PROPERTIES
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