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    Forest Grove, OR
    Quadplex

    Forest Grove, OR Quadplexes for Sale

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    Cornelius, OR Hillsboro, OR Gaston, OR Banks, OR North Plains, OR Beaverton, OR Gales Creek, OR Newberg, OR
    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
    Updated 4‑plex built in 1974 with a mix of 3 updated units and 1 unit with room for future improvements
    Several units feature quartz countertops, refreshed kitchens, updated bathrooms, and new flooring
    Zoned heating throughout and a composition roof
    Shared backyard for tenants, plus private storage units for bikes, tools, and seasonal items
    Located on a quiet street near Pacific University, local cafes, parks, and shopping
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    This listing looks promising.

    Here's a quick look at some key insights for

    2229 HAWTHORNE St, ForestGrove, OR 97116

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    • Est. Cap Rate

      5.2%
      NOI ÷ price

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $634K
      Suggested

    • Property Type

      Quadplex
      Built 1974
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Forest Grove, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    12369 SW WALNUT St, Portland, OR 97223

    $1,200,000
    3,950 sqft 0.36 AC lot

    Four-unit setup with covered parking and updated exterior elements suitable for income-focused ownership.

    View details
    Quadplex with Added ADUs
    Quadplex with Added ADUs

    8531 N EDISON St N, Portland, OR 97203

    $675,000
    5,610 sqft 0.11 AC lot

    Four-unit property on separate tax lots, positioned for completion and reconfiguration under RM2 zoning.

    View details
    Four-Plex with Covered Parking
    Four-Plex with Covered Parking

    13397 SW 17TH St, Beaverton, OR 97008

    $844,000
    3,722 sqft 0.21 AC lot

    Well-maintained 4-plex with unit mix and assigned covered parking, plus 2022 roof replacements.

    View details
    Townhome Style Fourplex in Beaverton
    Townhome Style Fourplex in Beaverton

    18440 Southwest Johnson Street, Beaverton, OR 97003

    $1,100,000
    4,200 sqft

    Fourplex with garages, yards, and in a great location.

    View details

    Forest Grove, OR Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Forest Grove, OR on our real estate platform. These investment opportunities span a total of 3,456 square feet of properties for sale, with an estimated market value of $849,900.

    Sale prices for four-unit buildings in Forest Grove, OR start at $849,900, averaging $849,900, and reaching up to $849,900 — 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 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 $1.1M

    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

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    Residential Income

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