Contact Information: 503-481-7555
Contact Information: 503-481-75551630 CEDAR STForest Grove, OR 97116
Multi-Family · 3,552 Sq. ft. | 0.30 Acres1630 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.
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
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
1630 CEDAR ST Market Data
Based on the last 30 days in this zip code
1630 CEDAR ST History
| Date | Value | Agent |
|---|---|---|
| 5/12/2026Source: Regional MLS | $1,059,900 -1.4% |
|
| 4/12/2026Source: Regional MLS | April 12, 2026 |