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1342 Pacific Ave
Forest Grove, OR 97116
Multifamily Property For Sale · 20 Units

Investment Highlights

  • Newer Construction in a college town
  • Tiered pricing: 3 duplexes at $660k each, 6 at $645k each ($3,870,000) or all 10 at $6.3M

Executive Summary

Newer construction Fee Simple duplexes located approximately 10 blocks from Pacific University. Assumable Loan. Portfolio Pricing: • 3 duplexes: $660,000 each • 6 duplexes: $645,000 each ($3,870,000 total) • All 10 duplexes: $6,300,000 total. Current combined gross monthly rental income is approximately $42,000. OM available upon request.

Property Facts

Price Per Unit $99,000
Sale Type Investment
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
No. Units 20
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class C
Lot Size 0.80 AC
Building Size 2,694 SF
No. Stories 1
Year Built 2021
Zoning EFU

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 6 - -

Property Taxes

Property Taxes

Parcel Number
R0439751
Land Assessment
$112,750
Improvements Assessment
$0
Total Assessment
$112,750
  • Listing ID: 41286916

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: 1342 Pacific Ave, Forest Grove, OR 97116

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