1721 22nd Avenue

Forest Grove, OR 97116

$899,000
Price
Beds
3,790 Sq. Ft.
$237 / Sq. Ft.
3,790
Sq. Ft.
$237
per Sq. Ft.

Description

[3 Unit Home + Buildable Lot For 4th Unit - Owner occupancy potential, call with questions] Welcome to the timeless elegance of 1721 22nd Ave, a unique home that captures the charm of the past with the conveniences of modern living. This detached home, an impressive 3,790 sqft in total living space, is split into three distinct units - a spacious 4 bed 3 bath main home, a cozy 2 bed 1 bath basement apartment, and a chic 1 bed 1.5 bath garage ADU. The property was originally built in 1930 and has...[3 Unit Home + Buildable Lot For 4th Unit - Owner occupancy potential, call with questions] Welcome to the timeless elegance of 1721 22nd Ave, a unique home that captures the charm of the past with the conveniences of modern living. This detached home, an impressive 3,790 sqft in total living space, is split into three distinct units - a spacious 4 bed 3 bath main home, a cozy 2 bed 1 bath basement apartment, and a chic 1 bed 1.5 bath garage ADU. The property was originally built in 1930 and has been beautifully remodeled, offering a sense of classic allure blended seamlessly with a high-end makeover. Step inside to a realm of luxury and comfort, where the hardwood flooring will lead you on a journey through light-filled rooms, all thoughtfully designed. The main kitchen features stainless steel appliances, an island, and concrete countertops, perfect for those family meals or entertaining guests. Every bathroom across this property is meticulously crafted with tile exuding an aura of cleanliness and sophistication. The home sits on a generously sized double lot. The outdoor space is a sanctuary with a porch, patio, and gazebo. A large driveway and garage offer ample space for vehicles. A standout feature of this property is the separately partitioned .12-acre lot, which is buildable. The homes location is ideal, being extremely close to Pacific University, parks, food, and shopping. Whether you are looking for a home with character, or an investor keen on 3 rental units with extra building potential, this property ticks all the boxes. Don't miss this rare opportunity to own a piece of Forest Grove history coupled with modern luxury. Please do not disturb tenants. Market rents are $2695 for the main home, $1495 for the basement apartment, and $1750 for the detached ADU + garage building.

Property Details for 1721 22nd Avenue

Zoning
RML
Parking Total
5.00

Location

Listing Courtesy of Keller Williams Sunset Corridor
Add your commute
LISTING UPDATED: 05/27/2024 03:31 AM

Property Details for 1721 22nd Avenue

StatusActive
MLS #23047587
Days on Market166
Taxes$9,993 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1930
Lot Size-
CountyWashington County

Location

Listing Courtesy of Keller Williams Sunset Corridor
Add your commute

Building Information for 1721 22nd Avenue

Stories3Residences3Year Built1930Building Size-Lot Size-

Payment Calculator

$5,739 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$833

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1721 22nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: W on OR-8 W/SW Baseline St, R on B St, L on 22nd Ave. Home on right.
School Information
  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle Or Junior School: Neil Armstrong
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $9,993.48
  • Parcel Number: R2172184
  • Tax Legal Description: 2010-021 PARTITION PLAT, LOT 1, ACRES 0.13
Property
Lot Information
  • Lot Description: Level
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1930
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas, Tankless
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Finished
  • Stories: 3
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $50,966.00
  • Gross Income Projected: $79,740.00
  • Gross Rent Multiplier: $17.64
  • Investor Information: According To Owner, Leases, Profit Loss Statement, Rent Records
  • Net Income Actual: $14,058.00
  • Net Income Projected: 50548
  • Operating Expenses Projected: $29,192.00
  • Operating Expense: $36,908.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 3790
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Air Conditioning, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $2,695
  • Unit Type 1 SqFt: 1991.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,495
  • Unit Type 2 SqFt: 907.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Dishwasher, Hardwood Floors, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $1,750
  • Unit Type 3 SqFt: 892.0
  • Unit Type 3 Units Total: 1

Property History for 1721 22nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1721 22nd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$1,052 ($88 / month)
Home Facts
Beds2Total Finished SqFt2,898 SqFtAbove Grade Finished SqFt2,898 SqFtLot Size5,227 SqFtStyleSingle Family ResidenceYear Built1930ZoningRMLCountyWASHINGTONAPN1N436DD-16500Fireplace TypeHas Fireplace

Schools near 1721 22nd Avenue

This home is within Forest Grove School District 15.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Harvey Clarke Elementary School
PublicK to 4

Tom Mccall Upper Elementary School
Public5 to 6

Neil Armstrong Middle School
Public7 to 8

Forest Grove High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1721 22nd Avenue is a multi-family home for sale in Forest Grove, OR 97116. This property was listed for sale on December 13, 2023 by Keller Williams Sunset Corridor, it's currently listed at $899,000. It has been on the market for a total of 166 days and was last sold on March 8, 2017. This listing's school district is Forest Grove School District 15. Nearby schools include Harvey Clarke Elementary School, Tom Mccall Upper Elementary School and Neil Armstrong Middle School. 1721 22nd Avenue is a 0-bed, 0-bath, 3,790 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Sunset Corridor

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2024 RMLS, Portland, Oregon. Last updated: 05/27/2024 03:31 AM