2813 22nd Ave, Forest Grove, OR

$890,000

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2,862

Square feet

About 2813 22nd Ave

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.

Features of 2813 22nd Ave

MLS® # 23046275
Price $890,000
Units 2
Square Footage 2,862
Year Built 1996
Type Multi Family
Status Active

Community Information

Address 2813 22nd Ave
Area 152 - Hillsboro, Forest Grove
City Forest Grove
County Washington
State OR
Zip Code 97116

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
# of Stories 1
Basement Crawl Space

Exterior

Exterior Vinyl Siding, Wood Siding
Lot Description Flag Lot, Level
Roof Composition

School Information

Elementary Fern Hill
Middle Neil Armstrong
High Forest Grove

Additional Information

Date Listed September 7th, 2023
Days on Market 243
Zoning RMH
Short Sale No
RE / Bank Owned No
Cap Rate 4.81

Unit 1 Details

Beds 3
Baths 2
Rent $2,100
Features AirConditioning, Dishwasher, HardwoodFloors, WasherDryer

Unit 2 Details

Beds 3
Baths 2
Rent $2,100
Features AirConditioning, Dishwasher, HardwoodFloors, WasherDryer

Listing Details

OfficeKeller Williams Sunset Corridor
Contact Info503-319-4759

Listing Map

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