2813 22nd Avenue

2813 22nd Avenue

Forest Grove, OR 97116

$890,000
Price
—
Beds
2,862 Sq. Ft.
$311 / Sq. Ft.
2,862
Sq. Ft.
$311
per Sq. Ft.

Description

BUILDING POTENTIAL: This premium duplex on 2813 22nd Ave stands as a testament to quality and potential. Spanning 2862 sqft, each single-level ranch-style unit offers 3 bedrooms, 2 baths, and a spacious kitchen, all laid on gleaming hardwood floors. The central heating and cooling system ensures year-round comfort. All new plumbing was recently installed throughout the whole building. Outdoors, each unit boasts a deck overlooking a huge privately fenced yard. A historic barn adds character, while...BUILDING POTENTIAL: This premium duplex on 2813 22nd Ave stands as a testament to quality and potential. Spanning 2862 sqft, each single-level ranch-style unit offers 3 bedrooms, 2 baths, and a spacious kitchen, all laid on gleaming hardwood floors. The central heating and cooling system ensures year-round comfort. All new plumbing was recently installed throughout the whole building. Outdoors, each unit boasts a deck overlooking a huge privately fenced yard. A historic barn adds character, while the driveway and 2-car garage for each unit provide ample parking. Located just blocks from parks and the historic downtown of Forest Grove, the property's location is prime. But it's the future potential that truly sets this duplex apart. Set on a 0.72 acre lot zoned for RMH Medium-High Density Residential, there's a significant opportunity for expansion. Seller has plans already drawn up for an additional 5plex and city says there's potential for even more units, this isn't just a purchase; it's an investment with huge growth potential and a rare find. Buyer to do due diligence on zoning and building potential. Please do not disturb tenants. Ask about owner occupancy potential.
  1. Listed by Stephen Malfa • Keller Williams Sunset Corridor • 503-319-4759

Property Details for 2813 22nd Avenue

Parking Features
Garage, RVAccess Parking
Zoning
RMH
Parking Total
4.00

Location

Listing Courtesy of Keller Williams Sunset Corridor
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LISTING UPDATED: 05/06/2024 03:13 AM

Property Details for 2813 22nd Avenue

StatusActive
MLS #23046275
Days on Market242
Taxes$7,688 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1996
Lot Size-
CountyWashington County

Location

Listing Courtesy of Keller Williams Sunset Corridor
Add your commute

Building Information for 2813 22nd Avenue

Stories1Residences2Year Built1996Building Size-Lot Size-

Payment Calculator

$5,498 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,857

Property Taxes

$641

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2813 22nd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: "OR-47 S, R on Sunset Dr, L on 26th Ave, R on Hawthorne St, L on 22nd Ave. On right.
School Information
  • Elementary School: Fern Hill
  • High School: Forest Grove
  • Middle Or Junior School: Neil Armstrong
Taxes and HOA
  • Tax Year: 2022
  • Tax Annual Amount: $7,688.45
  • Parcel Number: R2043893
  • Tax Legal Description: 1994-073 PARTITION PLAT, LOT 2, ACRES 0.72
Property
Lot Information
  • Lot Description: Flag Lot, Level
  • 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
  • Year Built: 1996
Utilities
  • Cooling Description: Central Air
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $48,050.00
  • Gross Income Projected: $49,800.00
  • Gross Rent Multiplier: $18.52
  • Net Income Actual: $42,778.00
  • Net Income Projected: 44528
  • Operating Expenses Projected: $36,840.00
  • Operating Expense: $35,089.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 2862
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Air Conditioning, Dishwasher, Hardwood Floors, Washer Dryer
  • Unit Type 1 Rent: $2,100
  • Unit Type 1 SqFt: 1431.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Air Conditioning, Dishwasher, Hardwood Floors, Washer Dryer
  • Unit Type 2 Rent: $2,100
  • Unit Type 2 SqFt: 1431.0
  • Unit Type 2 Units Total: 1

Public Records for 2813 22nd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2022$7,688 ($641 / month)
Home Facts
Total Finished SqFt2,862 SqFtAbove Grade Finished SqFt2,862 SqFtLot Size31,363 SqFtStyleQuadraplexYear Built1996ZoningRMHCountyWASHINGTONAPN1N331DD-04500

Schools near 2813 22nd Avenue

This home is within Forest Grove School District 15.
Rating
School
Type
Grades
Distance
Fern Hill Elementary School
Public - PK to 4
Tom Mccall Upper Elementary School
Public - 5 to 6
Neil Armstrong Middle School
Public - 7 to 8
Forest Grove High School
Public - 9 to 12
Rating
School
Distance
Fern Hill Elementary School
PublicPK 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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More information about 2813 22nd Avenue, Forest Grove, OR 97116

2813 22nd Avenue is a multi-family home for sale in Forest Grove, OR 97116. This property was listed for sale on September 7, 2023 by Keller Williams Sunset Corridor, it's currently listed at $890,000. This listing's school district is Forest Grove School District 15. Nearby schools include Fern Hill Elementary School, Tom Mccall Upper Elementary School and Neil Armstrong Middle School. 2813 22nd Avenue is a 0-bed, 0-bath, 2,862 sqft multi-family home built in 1996.

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: 05/06/2024 03:13 AM