Regional Multiple Listing Service, Inc.

Turnkey Quadplex Investment Opportunity!Discover a rare, income-producing property in the heart of Forest Grove’s charming Old Town district. This well-maintained quadplex—comprised of two duplex buildings, offers immediate cash flow with all units currently rented, making it an ideal turnkey investment for both seasoned and first-time investors.Each of the four units features 2 bedrooms, 1 bathroom, plus additional storage shed. The property has seen recent updates, enhancing both curb appeal and long-term efficiency. While the interiors vary in level of updates, all units have been consistently cared for and are in solid condition.Set back in a peaceful, private setting, the property feels like a hidden oasis, complete with a landscaped common area that adds to tenant appeal and retention. Additional features include a 4 car carport, ample off-street parking, and the spacious storage shed.Investors will appreciate the upside potential providing flexibility to adjust rents to market rates or explore an owner-occupant strategy.Whether you’re looking to expand your portfolio or secure a stable, income-generating asset with future growth potential, this quadplex checks all the boxes.Pease do not disturb tenants. Write offers subject to interior inspection, after mutual acceptance.
Cedar , Between 16th & 15th. Flag lot to Duplexes

Dwelling Type: MultiFamily
Subdivision: N/A
Year Built: 1960, County: US
Cedar , Between 16th & 15th. Flag lot to Duplexes

Listing is courtesy of Oregon First