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    Updated Fourplex with Remodeled Units Title is generated by Realmo AI

    2321 21ST Pl, Forest Grove, OR 97116

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    For Sale
    $975,000

    MULTI_FAMILY - ForestGrove, OR

    Property size:
    3,252 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $299/SF
    Added:
    Jun 12, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 12 at 2:06 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

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    Listing Contact
    Nick Shivers

    Listing agent Nick Shivers License #200209063

    Listing office eXp Realty, LLC 4800 Meadows Rd Ste 300, Salem, OR

    Listing date Jun 12, 2026

    MLS# 608596890 Listing URL

    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

    This well-maintained fourplex offers updated, remodeled interiors in all four units. Three units are currently occupied, and the fourth unit is available for showings, providing flexibility for either an owner-occupant or an investor. Property improvements include a new roof completed in 2020, new gutters added in 2018, updated PEX plumbing from the meter to the building, concrete driveway replacement completed in August 2015, and exterior painting completed in September 2024. Tenant layouts are designed for privacy and functionality, supporting a broad range of renters.

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Grove
    County
    Washington
    State
    Oregon
    Longitude
    -123.105456
    Latitude
    45.52193

    FAQs

    What type of property is this?
    Quadplex - Four updated units with a leased majority and a vacancy available for showings, with owner-paid water, sewer, and garbage.
    Where is this quadplex located?
    The property is located at 2321 21ST Pl Forest Grove, OR.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 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
    More about this property
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