2235 D St, Forest Grove, OR 97116

$825,000 Asking Price

6 beds
3 baths
3,308  sqft
Built in 2024

SELLER OFFERING $$$$ towards buyer rate buy down or closing costs! Call for details. You are looking at a super savory income earning opportunity in a prime location! This is one of TWO identical duplexes for sale, each with 3 beds 2 and half baths, 1654 sqft and includes a yard and 1 car garage. Cap rate could be over 7% based on rents could bring in $62,400 in revenue per year. There are two (2231 and 2235 address) Renters are secured at $2,600 per side. Spectacular layout with accommodating features, quality construction, and walkable to Pacific University and Historic downtown Forest Grove and the elementary schools. The main level features easy access, low-maintenance vinyl floors and an open floor plan that seamlessly connects the powder room, living, dining, and kitchen area. Loads of natural light, three generously sized bedrooms. You'll have an attached garage, driveway and plenty of parking in an established neighborhood with a fenced back yard to enjoy fresh air or fun with furry friends. Investors dream, set it and forget it. All photos are of the completed/rented/identical duplex which already sold! Call for details!


Features & Amenities

Interior

General:
High ceilings, Vinyl floor
Appliances:
Disposal, Free standing refrigerator, Stainless steel appliance
Basement:
None
A/C:
Mini split
Heating:
Ductless, Mini split

Exterior

General:
Cement siding, Fenced
Style:
Stories 2
Parking:
Driveway, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
DoublePaneWindows,VinylFrames
General:
Concrete perimeter

Location

Road/Access:
Concrete, Paved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Washington

Lot

Zoning:
RM, 2023-015 PARTITION PLAT, LOT 1, ACRES 0.18, R2228669

Utilities

Water:
Public Water
Sewer:
Public Sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Inhabit Real Estate, Marta Flori

About Forest Grove, OR

Housing

Number of Units
10,849
Median Home Value
$362,889
Median Rent
$1,103

35.56% of housing units are renter occupied.

3.78% are vacant.

Commute

Car
65.68%
Public Transportation
2.39%
Walk to Work
4.13%
Work from Home
25.38%
Other
1.31%

The median travel time to work is 20 minutes.

People

Population
29,785
Median Age
37.00
Median Household Size
2.78

Education

High School
25.92%
Associate’s Degree
7.34%
Bachelor’s Degree
18.44%
Graduate Degree
11.54%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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