Listing provided courtesy of Oregon First- MLS# 448376764MLS ProviderContact Information: 503-481-7555

1630 CEDAR STForest Grove, OR 97116

Multi-Family · 3,552 Sq. ft. | 0.30 Acres
$1,059,900 Active

1630 CEDAR ST Overview

Time on Site:
78 days
Visits:
2

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.

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1630 CEDAR ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,552
  • Price/Sq.ft. $298
  • Lot 0.30 Acres

Details

General

School Information

  • Elementary School: Joseph Gale
  • Middle Or Junior School: Neil Armstrong
  • High School: Forest Grove

Income/Expenses

  • Gross Income: 81876.0
  • Net Operating Income: 63838.0
  • Operating Expense: 18038.0

Building Information

  • Year Built: 1960

Location/Region

  • Country: US
  • County Or Parish: Washington
  • MLS Area Major: 152 - Hillsboro, Forest Grove

Community/Development

  • Community Features: Commons

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 6243.63
  • Tax Year: 2025

General Information

  • Listing Terms: Call Listing Agent,Cash,Conventional
  • Parcel Number: R425953
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: Muti

Interior

Building Interior

  • Building Area Total: 3552.0

General Information

  • Basement: None
  • Cooling: None
  • Foundation Details: Concrete Perimeter,Slab
  • Heating: Baseboard
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Carport,Detached
  • Parking Total: 4.0

Lot Information

  • Lot Features: Flag Lot
  • Lot Size Acres: 0.3
  • Lot Size Square Feet: 13068.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

1630 CEDAR ST Neighborhood

Community

97116 (FOREST GROVE) Demographics

36
Median Age
378
Population Density (per sq. mile)
37%
College Educated
$71,397
Estimated Median Income
6,097
Estimated Total Home Owners
3,437
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1630 CEDAR ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1630 CEDAR ST Market Data

Based on the last 30 days in this zip code

$603,435
Average List Price
$273
Average Price per Square Foot
33
Properties Sold
89
Average Days on Market
147
Properties for Sale
Calculations provided by Reliance Network

1630 CEDAR ST History

Date Event Value Agent
5/12/2026Source: Regional MLS Price Reduction
$1,059,900 -1.4%
4/12/2026Source: Regional MLS Added to Database
April 12, 2026