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Newer 20-Unit Fee Simple Duplex Portfolio Near Pacific University

$6,300,000

1270 Pacific Avenue, Forest Grove, OR 97116

Active
Last Updated: 08/26/2026

27,776 sqft

Building Size

34,848 sqft

Lot Area

Details:
Building Size:    27,776 sqft
Lot Area:    34,848 sqft
Units:    20
GRM:    12.5
Year Built:    2021
Price Per Sqft:    $227
Price Per Unit:    $315,000
Zoning:    R5
Floors:    2
Construction Status:    existing / completed
Roof:    Composition / Shingle
HVAC:    Central Air / Heat Pump / Forced Air
Floor:    Duplexes
Highlights:
  • 20 total residential units consisting of 10 fee-simple duplexes
  • 2021 construction / newer construction
  • Approximately 10 blocks from Pacific University
  • 3-bedroom, 2-bath units
  • R-5 zoning
  • 95% rented
Description:

Offering Memorandum available upon request. Newer construction Fee Simple duplexes located approximately 10 blocks from Pacific University. Assumable Loan. Portfolio Pricing: • 3 duplexes: $660,000 each • 6 duplexes: $645,000 each ($3,870,000 total) • All 10 duplexes: $6,300,000 total. Current combined gross monthly rental income is approximately $42,000.

Map:
Documents:
Title
Forest_Grove__OR_-_1270_Pacific_Ave_OM__4_.pdf
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