2321 21ST Pl, Forest Grove, OR 97116
MULTI_FAMILY - ForestGrove, OR
- Added:
- Jun 12, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 12 at 3:06 pm
Property Features for 2321 21ST Pl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RMH
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 7, Bedroom 8, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 5, Bathroom 4, Bedroom 4
- Standard status
- Active
- APN
- R747357
- Size
- 3,252 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Description
- STOKES ADDITION TO FOREST GROVE, BLOCK 4, LOT 5 & 6
- Tax Annual Amount
- 5486
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1963
- Floors in Building
- 1
- Number of units
- 4
- Roof type
- Composition
Listing agent Nick Shivers License #200209063 (503) 389-0821
Listing office eXp Realty, LLC 4800 Meadows Rd Ste 300, Salem, OR (888) 814-9613
Listing date Jun 12, 2026
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1963‑built fourplex with baseboard heat and composition roof
- All four units have been freshly remodeled; three units are currently occupied and the 4th unit is available for showings
- Leased at $1,600 per month for the three occupied units, with scheduled increases to $1,680 per month effective September 1, 2026
- Recent exterior and systems upgrades include a new roof (2020) and new gutters (2018)
- Updated PEX plumbing from the meter to the building; ownership covers water, sewer, and garbage while tenants pay electric
- Additional improvements: concrete driveway replacement completed August 2015 and exterior painting completed September 2024
Overview
The property is located in Forest Grove, Oregon near Pacific University and within a rental corridor that serves major employers, shopping, and key commuter routes. Utilities are structured with tenants paying their own electric service, while the owner covers water, sewer, and garbage, which can simplify day-to-day management.
For buyers seeking a stabilized multifamily asset, the current occupancy with scheduled rent increases can support a straightforward operating profile. The three occupied units are leased at $1,600 per month, with scheduled increases to $1,680 per month effective September 1, 2026. The vacant unit allows an on-site owner to inspect and plan leasing without waiting for internal access.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Forest Grove
- County
- Washington
- State
- Oregon
- Longitude
- -123.105456
- Latitude
- 45.52193