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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 Banks, OR North Plains, OR Beaverton, OR Newberg, OR Portland, OR
    8 properties
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    Duplex with Long-Term Tenants
    Updated: Sep 1
    Duplex with Long-Term Tenants

    Forest Grove, OR 97116

    $549,900
    1,980 sqft 0.12 AC lot
    Duplex with 1,980 square feet of building area
    Two units occupied by long‑term tenants
    0.12‑acre lot in Forest Grove, OR
    RH zoning
    Built in 1999
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    Brick Duplex
    Updated: Jul 4
    Brick Duplex

    Forest Grove, OR 97116

    $385,000
    1,200 sqft 0.15 AC lot
    Two residences, each with one bedroom and one bathroom
    1,200 square feet on a 0.15‑acre lot
    One‑level brick construction; built in 1950
    RMH zoning
    Near Pacific University, the Forest Grove Aquatic Center, downtown, transit, and local services
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    Duplex Apartment Buildings
    Duplex Apartment Buildings

    Forest Grove, OR 97116

    $6,300,000
    27,077 sqft 0.80 AC lot

    Built in 2021, the properties have forced-air and heat-pump heating, with central air and heat-pump cooling.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Tenant-Occupied Duplex
    Tenant-Occupied Duplex

    2216 23rd Ave, Forest Grove, OR 97116

    $549,900
    1,980 sqft

    Both units are occupied by long-term tenants near the University and Forest Grove’s historic downtown area.

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    Single-Level Brick Duplex
    Single-Level Brick Duplex

    2307 Sunset Dr, Forest Grove, OR 97116

    $385,000
    1,200 sqft

    Two one-bedroom units with separate living, kitchen, and dining areas near Pacific University and downtown services.

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    2021 Fee Simple Duplex Portfolio
    2021 Fee Simple Duplex Portfolio

    1270 Pacific Ave, Forest Grove, OR 97116

    $6,300,000
    27,077 sqft

    Fee simple duplexes built in 2021 near Pacific University and downtown Forest Grove.

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    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 Terrace Apartment Buildings
    Forest Terrace Apartment Buildings

    1508 21st Pl, Forest Grove, OR 97116

    $1,850,000

    Updated multifamily community with one- and two-bedroom homes, on-site laundry, parking, and storage.

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    Based on your search, we've compiled 76 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

    Opportunities in Nearby Cities

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

    Quadplex with Attached Garages
    Quadplex with Attached Garages

    1540 SE BUSH St, Hillsboro, OR 97123

    $1,100,000
    3,108 sqft 0.42 AC lot

    Four two-bedroom units include private outdoor areas, laundry hookups, and forced-air heating.

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    Two-Unit Duplex with Covered Parking
    Two-Unit Duplex with Covered Parking

    713 SE ENGLEWOOD Dr, Hillsboro, OR 97123

    $540,000
    1,820 sqft 0.20 AC lot

    Income property with two three-bedroom residences, separate electric meters, and dedicated exterior storage.

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    Updated Three-Unit Townhome Triplex
    Updated Three-Unit Townhome Triplex

    121 SE 8th Ave, Hillsboro, OR 97123

    $1,049,999
    2,652 sqft

    Each residence offers two bedrooms, 1.1 baths, and a private fully fenced yard.

    View details
    Updated Triplex with Fenced Yards
    Updated Triplex with Fenced Yards

    121 SE 8TH Ave, Hillsboro, OR 97123

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

    Three townhome-style residences offer separate tax lots, private outdoor areas, and flexible rental or owner-occupant use.

    View details

    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

    Estimated value:
    $370,000
    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
    Estimated value:
    $29,495,000
    171,288 sqft 7.33 AC lot
    View details
    2824 22nd Ave
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $1,725,000
    1.70 AC lot
    View details
    2829 Pacific Ave
    MOBILE HOME PARK, TRAILER PARK

    2829 Pacific Ave, Forest Grove, OR 97116-1881

    Estimated value:
    $480,000
    2,070 sqft 0.72 AC lot
    View details
    1907 23rd Ave
    APARTMENT HOUSE (5+ UNITS)

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

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

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

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

    2227 A St, Forest Grove, OR 97116

    Estimated value:
    $390,000
    0.65 AC lot
    View details
    3103 Pacific Ave
    APARTMENT HOUSE (5+ UNITS)

    3103 Pacific Ave, Forest Grove, OR 97116-1820

    Estimated value:
    $1,355,000
    5,651 sqft 0.57 AC lot
    View details
    2508 Pacific Ave
    APARTMENT HOUSE (5+ UNITS)

    2508 Pacific Ave, Forest Grove, OR 97116-2377

    Estimated value:
    $80,000
    0.24 AC lot
    View details
    3210 22nd Ave
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $795,000
    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
    Estimated value:
    $1,200,000
    6,980 sqft 0.40 AC lot
    View details
    3007 22nd Pl
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $1,805,000
    0.57 AC lot
    View details
    2141 Quince St
    APARTMENT HOUSE (5+ UNITS)

    2141 Quince St, Forest Grove, OR 97116-2099

    Estimated value:
    $305,000
    1.16 AC lot
    View details
    3124 19th Pl
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $290,000
    6,348 sqft 0.33 AC lot
    View details
    2250 Laurel St
    APARTMENT HOUSE (5+ UNITS)

    2250 Laurel St, Forest Grove, OR 97116-1870

    Estimated value:
    $730,000
    0.33 AC lot
    View details
    3018 19th Ave
    APARTMENT HOUSE (5+ UNITS)

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

    Estimated value:
    $1,150,000
    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 87,301 square feet of properties for sale, with an estimated market value of $22,619,800.

    Sale prices for multifamily properties in Forest Grove, OR start at $385,000, averaging $2,827,475, 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 5
    Apartment buildings 2

    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 $2.8M

    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 Residential Income pricing trends in Washington County

    Residential Income

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