Search
Two Quadplexes With Long-Term Tenants
For Sale
Contact for pricing

2311 21st Pl, Forest Grove, OR 97116

Two four-plex properties are available with long-term tenants in place near Pacific University.

Property SizeContact for details
Days on Market123

Property Features for 2311 21st Pl

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8
Listing Agency: Fuller Group
Listed By: Steven Hunker, CCIM · License #OR #201207305
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 11:24AM

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 Fuller Group

Investment Insights

Based on property information with market context.

Two separate four-plex properties are available for sale, each with long-term tenants already in place. The offerings include 2311 21st Place and 2321 21st Place, with both buildings also available together.

Both locations are described as being in an ideal area, approximately one block from Pacific University.

The properties are positioned as residential income quadplex assets with stable occupancy based on the presence of long-term tenants.

Key Highlights

  • Two four‑plex properties available, each with long‑term tenants in place
  • 2311 21st Place four‑plex priced at $1,050,000
  • 2321 21st Place four‑plex priced at $950,000

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Hair Salon Grocery & Convenience Store Nail Salon Kitchen & Bath Showroom Furniture & Home Goods

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

849
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Two four-plex properties are available with long-term tenants in place near Pacific University.
Where is this quadplex located?
The property is located at 2311 21st Pl Forest Grove, OR.
What are key features of this property?
This property features: Two four‑plex properties available, each with long‑term tenants in place; 2311 21st Place four‑plex priced at $1,050,000; 2321 21st Place four‑plex priced at $950,000
(503) 367-0516 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message