Listing provided courtesy of Premiere Property Group, LLC- MLS# 578623787
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Request Info1270 PACIFIC AVEForest Grove, OR 97116
Multi-Family · 27,077 Sq. ft. | 0.80 Acres$6,300,000
Active
1270 PACIFIC AVE Overview
- Time on Site:
- 58 days
- Visits:
- 0
1031, sell them per your tax scenario. Since these are Fee Simple, you can sell them per your greatest tax advantage. Great assumable 5.45 rate loan! These are newer construction duplexes situated just 13 blocks from Pacific University in a great college town location with strong rental demand. The properties feature good street appeal and are convenient to campus, downtown Forest Grove, and commuting routes. **Portfolio Pricing Options:**- 3 duplexes: $660,000 each- 6 duplexes: $645,000 each ($3,870,000 total)- All 10 duplexes: $6,300,000 total. Current combined monthly income for all 10 properties is approximately $42,000+. Roughly half of the $6.3M portfolio purchase price may qualify for loan assumption at a low interest rate. This is an excellent opportunity for investors seeking residential income property in Forest Grove. Newer development allows you Low Maintenance cost. Fee Simple units. OM available upon request.
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1270 PACIFIC AVE Facts & Features
- Type Multi-Family
- Sq. ft. 27,077
- Price/Sq.ft. $233
- Lot 0.80 Acres
Details
General
School Information
- Elementary School: Joseph Gale
- Middle Or Junior School: Neil Armstrong
- High School: Forest Grove
Income/Expenses
- Gross Income: 0
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 2021
Location/Region
- Country: US
- County Or Parish: Washington
- MLS Area Major: 152 - Hillsboro, Forest Grove
Rent/Lease Information
- Rent Includes: Electricity,Maintenance Grounds,Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 73859.0
- Tax Year: 2025
General Information
- Listing Terms: Conventional
- Parcel Number: R2220699
- Property Condition: New Construction
- Property Type: Multi Family
- Zoning: R-5
Interior
Building Interior
- Building Area Total: 27077.0
General Information
- Basement: None
- Cooling: Central Air,Heat Pump
- Foundation Details: Concrete Perimeter,Slab
- Heating: Forced Air,Heat Pump
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.8
- Lot Size Square Feet: 34848.0
- Road Surface Type: Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition,Shingle
General Information
- Number Of Units Total: 20
- Sewer: Public Sewer
1270 PACIFIC AVE 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
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.1270 PACIFIC AVE Monthly Cost
1270 PACIFIC AVE 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
1270 PACIFIC AVE History
| Date | Value | Agent |
|---|---|---|
| 5/2/2026Source: Regional MLS | May 02, 2026 |