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11-Unit Apartment Complex
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1655 Douglas St, Forest Grove, OR 97116

Four buildings offer varied floorplans, individual utility metering, and off-street parking.

Property SizeContact for details
Days on Market144

Property Features for 1655 Douglas St

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 4 x 2BR/1BA, 2 x 2BR/1.5BA townhouse, 5 x 3BR/1BA
Multifamily Units 11

Amenities

on-site laundry
rentable storage
green space
off-street parking
washer/dryer hook-ups

Building Details

Year Built 1984
Buildings 4
Listing Agency: Marcus & Millichap - Portland
Listed By: Georgie Christensen-Riley · License #201253912
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 5:05AM

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 Marcus & Millichap - Portland

Investment Insights

Based on property information with market context.

Constructed in 1984, this apartment property includes 11 units across four buildings, with both single-story and two-story configurations. The unit mix comprises four two-bedroom, one-bath homes; two two-bedroom, one-and-one-half-bath townhouses; and five three-bedroom, one-bath homes. Units 1-6 and 9 include washer and dryer connections, while the property also provides on-site laundry with owner-operated machines, rentable storage, landscaped open areas, and off-street parking.

Water, sewer, and electricity are individually metered for each unit. Roofs and gutters have been replaced on three of the four buildings, including the six-plex. Interior improvements vary by unit and may include flooring, paint, countertops, fixtures, and motion-sensing bathroom fans. The property is professionally managed and maintained and occupies a single tax lot adjacent to Rogers Park on Douglas St.

Key Highlights

  • 11 units across four buildings, including two single‑story and two two‑story structures
  • Unit mix includes four 2‑bedroom/1‑bath, two 2‑bedroom/1.5‑bath townhouses, and five 3‑bedroom/1‑bath units
  • Individual metering for water, sewer, and electricity at each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Hair Salon Catering Service Furniture & Home Goods Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

855
Businesses Nearby

Demographics for 97116, OR

29,351
Population
10,229
Households
2.9
Avg Household Size
36
Median Age
33%
College-Educated
90%
High-School Grad
82.1 sq mi
ZIP Area
358
Density / Sq Mi
$87,308
Median Household Income
$42,330
Median Earnings
$1,397
Median Rent
$479,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four buildings offer varied floorplans, individual utility metering, and off-street parking.
Where is this apartment building located?
The property is located at 1655 Douglas St Forest Grove, OR.
What are key features of this property?
This property features: 11 units across four buildings, including two single‑story and two two‑story structures; Unit mix includes four 2‑bedroom/1‑bath, two 2‑bedroom/1.5‑bath townhouses, and five 3‑bedroom/1‑bath units; Individual metering for water, sewer, and electricity at each unit
More about this property
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