Forest Grove, OR 97116,1907 23RD AVE
Forest Grove, OR 97116,1907 23RD AVE
Forest Grove, OR 97116,1907 23RD AVE
Forest Grove, OR 97116,1907 23RD AVE
Forest Grove, OR 97116,1907 23RD AVE
Forest Grove, OR 97116,1907 23RD AVE
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Listed by Keller Williams Sunset Corridor • 971-235-9561
Bought with eXp Realty, LLC

$650,000

$650,000

Est.Price: ?

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Est. payment /mo

5,130 SqFt


SOLD DATE : 06/20/2024

Key Details

Sold Price $650,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,130 sqft

Price per Sqft $126

MLS Listing ID 24546217

Sold Date 06/20/24

Year Built 1920

Annual Tax Amount $4,897

Tax Year 2023

Lot Size 0.290 Acres

Property Description

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.

Location

State OR

County Washington

Community Laundry

Area _152

Zoning RMH

Rooms

Basement Full Basement, Unfinished

Interior

Heating Wall Heater

Cooling None

Exterior

Community Features Laundry

Roof Type Composition

Garage No

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Middle Schools Neil Armstrong

High Schools Forest Grove

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)
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+1(503) 351-6569

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2175 NW Raleigh St. # 110, Portland, OR, 97210, United States

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