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    Forest Grove, OR
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    Forest Grove, OR Multifamily Properties for Sale

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    Cornelius, OR Hillsboro, OR Gaston, OR
    8 properties
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    New Duplex Portfolio Opportunity
    Updated: May 1
    New Duplex Portfolio Opportunity

    Forest Grove, OR 97116

    $6,300,000
    27,077 sqft · 0.80 AC lot
    10 duplex portfolio with Year Built 2021 construction
    Heating options: heat pump and forced air; cooling includes central air and heat pump
    Roof: shingle/composition
    Portfolio pricing options: 3 duplexes at $660,000 each, 6 duplexes at $645,000 each, or all 10 duplexes for $6,300,000 total
    Current combined monthly income for all 10 properties is approximately $42,000+
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    This listing looks promising.

    Here's a quick look at some key insights for

    1270 PACIFIC Ave, ForestGrove, OR 97116

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $332K
      Annual

    • Price @ 7% Cap

      $4.75M
      Suggested

    • Property Type

      Duplex
      Built 2021
    View Property Analytics
    Updated 4-Plex Residential Income
    Updated: Jun 30
    Updated 4-Plex Residential Income

    Forest Grove, OR 97116

    $849,900
    3,456 sqft · 0.21 AC lot
    4‑plex built in 1974 with zoned heating and a composition roof
    Three of four units have been updated with quartz countertops, refreshed kitchens, updated bathrooms, and new flooring
    Fourth unit offers room for future improvements or customization
    Shared backyard for tenant use
    Private storage units for bikes, tools, and seasonal items
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    Turnkey Forest Grove Quadplex Investment
    Turnkey Forest Grove Quadplex Investment

    Forest Grove, OR 97116

    $1,059,900
    3,552 sqft · 0.30 AC lot

    Income-producing quadplex in Forest Grove's Old Town district.

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    One-Level Brick Duplex with Carport
    One-Level Brick Duplex with Carport

    Forest Grove, OR 97116

    $439,900
    1,200 sqft · 0.15 AC lot

    Two one-level units each with living, kitchen, dining, bedroom, and bath, plus carport parking.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    MULTI_FAMILY - ForestGrove, OR
    MULTI_FAMILY - ForestGrove, OR

    1270 Pacific Ave, Forest Grove, OR 97116

    $6,300,000
    26,787 sqft · 0.80 AC lot

    Fee simple Newer duplexes near Pacific University with strong rental demand. 1031 exchange

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    Forest Grove Multifamily Investment Opportunity
    Forest Grove Multifamily Investment Opportunity

    3118-3124 19th Pl, Forest Grove, OR 97116

    $1,495,000
    6,348 sqft

    Well-maintained, 8-unit apartment complex with operational upside.

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    Multi Family
    Multi Family

    2014 Main Street, Forest Grove, OR 97116

    $1,249,000
    650 sqft

    Duplexes · 650 SF

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    New Construction Duplex Portfolio
    New Construction Duplex Portfolio

    1270 PACIFIC AVE, Forest Grove, OR 97116

    $6,300,000

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

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Forest Grove, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Attached Garages
    Duplex with Attached Garages

    169 NE SKYLAR St, Hillsboro, OR 97124

    $705,000
    2,584 sqft · 0.14 AC lot

    Well-maintained duplex with identical three-bedroom layouts, gas fireplaces, and fenced backyards for flexible owner-occupant or rental use.

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    Hillsboro Triplex: Investment Opportunity
    Hillsboro Triplex: Investment Opportunity

    121 SE 8TH Ave, Hillsboro, OR 97123

    $1,049,999
    2,652 sqft · 0.02 AC lot

    Updated triplex in Hillsboro near Pacific University and downtown.

    View details
    New Construction Townhome
    New Construction Townhome

    18694 SW JUDITH Ln, Beaverton, OR 97003

    $799,900

    Turnkey new build with no HOA, modern finishes, and included washer, dryer, and refrigerator.

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    Move-in Ready Condo in Beaverton
    Move-in Ready Condo in Beaverton

    770 NW 185TH AVE #203, Beaverton, OR 97006

    $264,000

    2-bedroom, 1-bathroom condo in the Tansabourne area.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vernonia Land with Development Potential
    Vernonia Land with Development Potential

    Cougar St, Vernonia, OR 97064

    $899,000
    10.43 AC lot

    10.43 acres in Vernonia, OR, ideal for residential development.

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    Tillamook Land Investment Opportunity
    Tillamook Land Investment Opportunity

    02600 12th St, Tillamook, OR 97141

    $799,000
    3.78 AC lot

    3.78 acres zoned for multi-family development near Tillamook.

    View details
    Lexington Westside Highway RV Resort
    Lexington Westside Highway RV Resort

    1820 West Side Hwy, Kelso, WA 98626

    Contact for pricing
    20.00 AC lot

    Proposed 184-space RV resort with river access in Lexington.

    View details
    Coastal Resort Lot with Amenities
    Coastal Resort Lot with Amenities

    6225 N Coast Hwy Lot 195, Newport, OR 97365

    $125,000

    Back-in lot near clubhouse with resort amenities and beach access.

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    Off-Market Properties in Forest Grove, OR

    Consider similar Off-Market properties in Forest Grove, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1913 23rd Ave
    APARTMENT HOUSE (5+ UNITS)

    1913 23rd Ave, Forest Grove, OR 97116-2476

    Value Estimation by Request
    0.24 AC lot
    View details
    3834 Pacific Ave, Unit 365
    APARTMENT HOUSE (100+ UNITS)

    3834 Pacific Ave, Forest Grove, OR 97116-2695

    Unit 365
    $29,495,000
    Estimated value
    171,288 sqft · 7.33 AC lot
    View details
    2824 22nd Ave
    APARTMENT HOUSE (5+ UNITS)

    2824 22nd Ave, Forest Grove, OR 97116-1862

    Value Estimation by Request
    1.70 AC lot
    View details
    2829 Pacific Ave
    MOBILE HOME PARK, TRAILER PARK

    2829 Pacific Ave, Forest Grove, OR 97116-1881

    Value Estimation by Request
    2,070 sqft · 0.72 AC lot
    View details
    1907 23rd Ave
    APARTMENT HOUSE (5+ UNITS)

    1907 23rd Ave, Forest Grove, OR 97116-1663

    $650,000
    Estimated value
    0.35 AC lot
    View details
    2311 21st Pl
    APARTMENT HOUSE (5+ UNITS)

    2311 21st Pl, Forest Grove, OR 97116-1710

    $995,000
    Estimated value
    0.22 AC lot
    View details
    2227 A St
    APARTMENT HOUSE (5+ UNITS)

    2227 A St, Forest Grove, OR 97116

    Value Estimation by Request
    0.65 AC lot
    View details
    3103 Pacific Ave
    APARTMENT HOUSE (5+ UNITS)

    3103 Pacific Ave, Forest Grove, OR 97116-1820

    $1,205,000
    Estimated value
    5,651 sqft · 0.57 AC lot
    View details
    2508 Pacific Ave
    APARTMENT HOUSE (5+ UNITS)

    2508 Pacific Ave, Forest Grove, OR 97116-2377

    Value Estimation by Request
    0.24 AC lot
    View details
    3210 22nd Ave
    APARTMENT HOUSE (5+ UNITS)

    3210 22nd Ave, Forest Grove, OR 97116-1933

    $1,310,000
    Estimated value
    8,668 sqft · 0.74 AC lot
    View details
    1528 21st Pl, Unit B
    APARTMENT HOUSE (5+ UNITS)

    1528 21st Pl, Forest Grove, OR 97116-1665

    Unit B
    $1,360,000
    Estimated value
    6,980 sqft · 0.40 AC lot
    View details
    3007 22nd Pl
    APARTMENT HOUSE (5+ UNITS)

    3007 22nd Pl, Forest Grove, OR 97116-1897

    $1,700,000
    Estimated value
    0.57 AC lot
    View details
    2141 Quince St
    APARTMENT HOUSE (5+ UNITS)

    2141 Quince St, Forest Grove, OR 97116-2099

    Value Estimation by Request
    1.16 AC lot
    View details
    3124 19th Pl
    APARTMENT HOUSE (5+ UNITS)

    3124 19th Pl, Forest Grove, OR 97116-2087

    $1,130,000
    Estimated value
    6,348 sqft · 0.33 AC lot
    View details
    2250 Laurel St
    APARTMENT HOUSE (5+ UNITS)

    2250 Laurel St, Forest Grove, OR 97116-1870

    $700,000
    Estimated value
    0.33 AC lot
    View details
    3018 19th Ave
    APARTMENT HOUSE (5+ UNITS)

    3018 19th Ave, Forest Grove, OR 97116-2642

    $1,100,000
    Estimated value
    0.37 AC lot
    View details

    Forest Grove, OR Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Forest Grove, OR, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 69,070 square feet of properties for sale, with an estimated market value of $17,693,700.

    Sale prices for multifamily properties in Forest Grove, OR start at $439,900, averaging $2,527,671, and reaching up to $6,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 4
    Quadplexes 2
    Apartment buildings 1

    Demographics Overview

    Population 30K
    Population Growth (5Y) +10.6%
    Median Household Income $87,308
    College Educated 44.0%

    High-Yield Neighborhoods for Investment

    Identify Forest Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97116 $3.8M

    Taxes & Financing

    Tax Rate (average for all types) 1.85%
    Property Tax per SF $18.73 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washington County

    Retail

    Residential Income

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