1270 PACIFIC AVE, Forest Grove, OR 97116

Building Details

Year Built

2021

Listing office Premiere Property Group, LLC

Listing date May 1, 2026

Source Realestatepdx

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Premiere Property Group, LLC

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Overview

The offering is a newer construction duplex portfolio delivered as fee simple. It includes multiple purchase configurations, ranging from a smaller group of duplexes to the full set of 10 properties. The portfolio is being marketed for 1031 exchange buyers, with the option to sell based on the buyer’s tax scenario.

The properties are positioned in Forest Grove, Oregon at 1270 Pacific Ave, about 13 blocks from Pacific University. The remarks also note convenient access to downtown Forest Grove and commuting routes, supporting tenant mix tied to proximity to campus and local employment.

Purchase options are available at $660,000 per duplex for 3 duplexes, $645,000 per duplex for 6 duplexes (total $3,870,000), or $6,300,000 for all 10 duplexes. The current combined monthly income for all 10 properties is approximately $42,000+. The buyer may also have an opportunity to assume a loan described as having a 5.45 rate, with the remarks stating that roughly half of the $6.3M portfolio price may qualify for assumption at that low interest rate. For investors and buyers seeking residential income through a fee simple duplex package, the campus-near configuration and portfolio structuring are central considerations.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Forest Grove

County

Washington

State

Oregon

Longitude

-123.125001

Latitude

45.5198444

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FAQs

What type of property is this?

Duplex - Fee simple duplex portfolio near Pacific University, with assumable financing and combined $42,000+ monthly income.

Where is this duplex located?

The property is located at 1270 PACIFIC AVE Forest Grove, OR.

What is the asking price?

The asking price for this property is $6,300,000.

What are key features of this property?

This property features: Newer 2021 duplex portfolio in Forest Grove, just 13 blocks from Pacific University.; Fee simple duplexes offered individually or as a portfolio: 3 duplexes, 6 duplexes, or all 10 duplexes.; Portfolio pricing: 6 duplexes at $645,000 each ($3,870,000 total) or all 10 duplexes at $6,300,000 total.