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  • $650,000

    2418 Cedar Cir, Forest Grove, OR 97116

    7beds
    2,982sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $644,900 Zestimate®
    $218/sqft
    $3,683 Estimated rent

    What's special

    Best Forest Grove duplex cap rate on the market, 6.06!!! Solid investment with this exceptional vintage-hip Mid Century duplex, presenting a rare investment opportunity. Zoned for a 4-plex, the existing garage areas offer the potential for two additional units, with one garage already converted into living space with its own bathroom. Very easy to make a Tri-plex and owner had an estimate for about $20,000 to make the 4th unit. HUGE UPSIDE, with seamless expansion without altering the foundation or roofline. A prime chance for investors to enhance cash flow, ideal for residing in one unit and leasing the other. Boasting parquet flooring and two fireplaces, this property is tailored for strategic investors seeking substantial returns. Excellent Forest Grove location, situated within a quiet confine of a cul-de-sac in a charming neighborhood and close to Pacific University.

    Zillow last checked: 7 hours ago

    Listing updated: May 13, 2024 at 05:33am

    Listed by:

    Jesse Dill 503-969-3236,

    Premiere Property Group, LLC

    Bought with:

    Guadalupe Duran, 201246764

    MORE Realty

    Source: RMLS (OR),MLS#: 24581375MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 3
    • Partial bathrooms: 1
    Heating
    • Baseboard, Fireplace(s)
    Cooling
    • None
    Appliances
    • Included: Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Flooring: Wood
    • Basement: Crawl Space
    Interior area
    • Total structure area: 2,982
    • Total interior livable area: 2,982 sqft

    Property

    Parking
    • Parking features: Assigned, Paved
    Features
    • Waterfront features: Other
    • Body of water: None
    Lot
    • Features: Corner Lot, Cul-De-Sac, Level, SqFt 7000 to 9999
    Details
    • Parcel number: R744485
    • Zoning: RMH

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Lap Siding
    • Foundation: Concrete Perimeter
    Condition
    • Existing
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Forest Grove

    HOA & financial

    Other financial information
    • Total actual rent: 3600

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $644,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $644,900