Property profile

2321 21ST PL Forest Grove, OR 97116

OFF-MARKET
Quadplex
Property ID
US71-0759452
2,980 SF 0.22 ac lot Built 1963
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A fourplex multifamily property in Forest Grove (RMH zoning) configured as three occupied units and one additional unit space used as a vacancy for inspection purposes. The unit interiors have been remodeled, and the property is supported by capital improvements including a roof replacement in 2020, gutter work completed in 2018, PEX plumbing updates from the meter to the building, and concrete driveway work completed in August 2015, with exterior siding painting completed in September 2024. The site covers approximately 0.22 acres and is located along a rental corridor near Pacific University, major employers, shopping, and commuter routes. Utility responsibility is separated such that tenants are responsible for electricity while water, sewer, and garbage are covered by the owner.

Property profile

Verified
Property type Quadplex
Year built 1963
Total area 2,980 SF
Lot 0.22 ac (9,583 SF)
APN 1N331DC-02200
UPID US71-0759452

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2321 21ST PL Forest Grove, OR 97116
Forest Grove metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2010
Last sale
$222,000
1 recorded transaction
2010
$222,000
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2321 21ST PL?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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