1630 CEDAR ST, Forest Grove, OR 97116 | MLS #448376764 | Cascade Hasson Sotheby’s International Realty
 
Listing provided courtesy of Oregon FirstMLS# 448376764MLS ProviderContact Information: 503-481-7555
  • 78 days on site
  • 2 views

Turnkey Quadplex Investment Opportunity!Discover a rare, income-producing property in the heart of Forest Grove's charming Old Town district. This well-maintained quadplex'comprised of two duplex buildings, offers immediate cash flow with all units currently rented, making it an ideal turnkey investment for both seasoned and first-time investors.Each of the four units features 2 bedrooms, 1 bathroom, plus additional storage shed. The property has seen recent updates, enhancing both curb appeal and long-term efficiency. While the interiors vary in level of updates, all units have been consistently cared for and are in solid condition.Set back in a peaceful, private setting, the property feels like a hidden oasis, complete with a landscaped common area that adds to tenant appeal and retention. Additional features include a 4 car carport, ample off-street parking, and the spacious storage shed.Investors will appreciate the upside potential providing flexibility to adjust rents to market rates or explore an owner-occupant strategy.Whether you're looking to expand your portfolio or secure a stable, income-generating asset with future growth potential, this quadplex checks all the boxes.Pease do not disturb tenants. Write offers subject to interior inspection, after mutual acceptance.

Source: Regional MLS, MLS#: 448376764

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  • Property Type
    Residential Income
  • Lot
    0.30 acres

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  • Median Age
    36
  • Population Density
    378
  • College Educated
    37%
  • Estimated Median Income
    $71,397
  • Estimated Total Home Owners
    6,097
  • Estimated Total Renters
    3,437
  • Owner / Renter Divide
    64% / 36%
  • Estimated Average Household Size
    3
  • Total Population
    27,349
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
5/12/2026Source: Regional MLS Price Reduction
$1,059,900 -1.4%
4/12/2026Source: Regional MLS Added to Database
April 12, 2026