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  • $650,000

    1907 23rd Ave, Forest Grove, OR 97116

    6beds
    5,130sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $624,400 Zestimate®
    $127/sqft
    $1,835 Estimated rent

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    What's special

    Located near the Pacific University campus, the property is a six-unit, two-story apartment property comprised of all flat units and was built in 1920. Construction is primarily wood frame exterior walls with painted wood lap siding and wood frame roof with composition shingle cover. The property is comprised of one-bedroom units with one bathroom. Current rents are approximately 35% below current averages for one bedroom apartments in the area. The astute investor could bring rents to market over time as well as finish out the basement to add an additional unit to the portfolio. Offer subject to interior inspection. Do not Disturb Tenants.

    Zillow last checked: 8 hours ago

    Listing updated: June 25, 2024 at 02:34am

    Listed by:

    Benjamin Ficker 971-235-9561,

    Keller Williams Sunset Corridor

    Bought with:

    James Spitler, 201229856

    eXp Realty, LLC

    Source: RMLS (OR),MLS#: 24546217MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    • Laundry: Common Area
    Features
    • Basement: Full,Unfinished,Storage Space
    Interior area
    • Total structure area: 5,130
    • Total interior livable area: 5,130 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Stories: 3
    Lot
    • Size: 0.29 Acres
    • Features: Level, SqFt 10000 to 14999
    Details
    • Parcel number: R745741
    • Zoning: RMH

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Laundry
    Location
    • Region: Forest Grove

    HOA & financial

    Other financial information
    • Total actual rent: 5320

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
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    Estimated market value
    $624,400