2608 MAIN ST Forest Grove, OR97116

$515,000
2 total units
4 total bedrooms
2 total bathrooms
$28,968 annual income
Capitilization Rate: 4.55
1832 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Harvey Clark
Middle School: Neil Armstrong
High School: Forest Grove
Zoning: RMH
1220 days on market

VestorFilter™

Price per unit$257.5K/unit
Price per ft²$281.11/ft²
Price per acre$2.19M/ac
Price per bedroom$128.8K/bed
Time on market1220 days

Property Description

Ideally located across from Pacific University, this updated duplex has a lot more potential. Dividable lot per seller with RMH zoning: multifamily high density that could allow 4 more units. Buyers to do their own due diligence. Both units have their own garages, large kitchens and French doors that lead to private, fenced back yards. Enjoy the income now and the future bonus of dividing and/or creating more units.

{{ compliance-logo }}Listing Provided By John L Scott Portland SW

Financial Data

Date Sold2021-01-25
Sold Price$515,000
Original Price$475,000
Current Price$515,000
Property Taxes$3,098

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Home Facts

StatusSold
Year Built1950
Stories2
Exterior Features
MLS ID20347241

Unit Details

Unit 1
Unit 2