2429 Gales Way

Forest Grove, OR 97116

$1,530,000
Price
Beds
4,622 Sq. Ft.
$331 / Sq. Ft.
4,622
Sq. Ft.
$331
per Sq. Ft.

Description

Very nice well kept units, lots of extra parking.3 duplexes together in their own off street cul de sac. The units have 2 BR 1 BA each unit have washer and dryer hook up, Each unit has an attached garage. some of the rents are below market value because of long term tenants. The units are not far from Pacific University and not far from downtown. Owner willing to carry contract with sizable down for 10 years. Seller will pay $ 10,000 closing costs or buy down rate.Very nice well kept units, lots of extra parking.3 duplexes together in their own off street cul de sac. The units have 2 BR 1 BA each unit have washer and dryer hook up, Each unit has an attached garage. some of the rents are below market value because of long term tenants. The units are not far from Pacific University and not far from downtown. Owner willing to carry contract with sizable down for 10 years. Seller will pay $ 10,000 closing costs or buy down rate.
  1. Listed by Linda Smith • Pro Group Realty and Property Management

Property Details for 2429 Gales Way

Parking Features
Driveway, Garage
Zoning
R5
View
City

Location

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LISTING UPDATED: 04/23/2024 03:24 PM

Property Details for 2429 Gales Way

StatusActive
MLS #24567381
Days on Market39
Taxes$6,976 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1968
Lot Size0.73 AC / 31,798 SF
CountyWashington County

Location

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Building Information for 2429 Gales Way

Stories1Residences6Year Built1968Building Size-Lot Size0.73 AC / 31,798 SF

Payment Calculator

$8,931 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,350

Property Taxes

$581

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2429 Gales Way

Summary
Location and General Information
  • Country: US
  • Directions: Camino Dr. to Gales Way.
  • Road Surface: Concrete, Paved
School Information
  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle Or Junior School: Neil Armstrong
Taxes and HOA
  • Management Name: None on site
  • Tax Year: 2023
  • Tax Annual Amount: $6,975.96
  • Parcel Number: R781924
  • Parcel Number 2: R781899
  • Tax Legal Description: FOREST GROVE; SEC 36 TWN 01N RNG 04W ACRES 0.32. & FOREST GROVE; SEC 36 TWN 01N RN 04w ACRES 0.41
Property
Lot Information
  • Acres: 0.73
  • Lot Description: Gentle Sloping, Level, Private, Trees
  • Lot Size Square Feet: 31798.0
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1968
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Wood Siding
  • Roof Type: Composition, Shingle
Interior Features
  • Foundation Details: Concrete Perimeter, Pillar Post Pier
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Gross Income Actual: $77,400.00
  • Gross Income Projected: $77,400.00
  • Gross Rent Multiplier: $19.77
  • Net Income Actual: $57,200.00
  • Net Income Projected: 57200
  • Operating Expenses Projected: $10,200.00
  • Operating Expense: $20,200.00
  • Security Features: Unknown
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6
  • SqFt Approximate Building Total: 4622
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $800
  • Unit Type 1 SqFt: 753.0
  • 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: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 2 Rent: $825
  • Unit Type 2 SqFt: 753.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 3 Rent: $950
  • Unit Type 3 SqFt: 805.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 1
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Features: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 4 Rent: $1,000
  • Unit Type 4 SqFt: 805
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 1
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 5 Rent: $1,450
  • Unit Type 5 SqFt: 805.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 1
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 6 Rent: $1,500
  • Unit Type 6 SqFt: 805.0
  • Unit Type 6 Units Total: 1

Public Records for 2429 Gales Way

Taxable ValueLand-Additions-Total-
Tax Record2023$6,976 ($581 / month)
Home Facts
Total Finished SqFt1,610 SqFtAbove Grade Finished SqFt1,610 SqFtLot Size17,860 SqFtStyleDuplexYear Built1968Year Renovated1978ZoningR-5CountyWASHINGTONAPN1N436DA-01703

Schools near 2429 Gales Way

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.

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2429 Gales Way is a multi-family home for sale in Forest Grove, OR 97116. This property was listed for sale on March 28, 2024 by Pro Group Realty and Property Management, it's currently listed at $1,530,000. 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. 2429 Gales Way is a 0-bed, 0-bath, 4,622 sqft multi-family home built in 1968.

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 Pro Group Realty and Property Management

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