1270 PACIFIC AVE Forest Grove, OR $ 6,300,000
1270 PACIFIC AVE
$ 6,300,000
Recently Listed New Construction
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1270 PACIFIC AVE

Forest Grove, OR, 97116
$ 6,300,000
Bedrooms30 Baths20.0 Sq 26,787

Monthly Estimate*

$ 38,790

1270 PACIFIC AVE, Forest Grove, OR 97116 - Image 1

Multi-Family Home for sale in Forest Grove, OR

for $6,300,000 with 30 bedrooms and 20 full baths. This 26,787 square foot home was built in 2021 on a lot size of 0.8.

Great assumable 5.45 rate loan! These are newer construction duplexes situated just 3 blocks from Pacific University in a great college town location with strong rental demand. The properties feature good street appeal and are convenient to campus, downtown Forest Grove, and commuting routes.**Portfolio Pricing Options:**- 3 duplexes: $660,000 each- 6 duplexes: $645,000 each ($3,870,000 total)- All 10 duplexes: $6,300,000 total Current combined monthly income for all 10 properties is approximately $42,000 +. Roughly half of the $6.3M portfolio purchase price may qualify for loan assumption at a low interest rate. This is an excellent opportunity for investors seeking residential income property in Forest Grove.

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Multi-Family Active

Price

$ 6,300,000

Bedrooms

30

Full Bath

20

Property Type

Multi-Family

Taxes

$ 73,859

Style

Lot Size

0.8

Year Built

2021

Town/City

Forest Grove

County/Region

Washington

MLS | Web ID

578623787

Features
General
Sewer PublicSewer
Heating ForcedAir HeatPump
Cooling CentralAir HeatPump
Roof Composition Shingle
Zoning R-5
Year Built 2021
Stories Count 2
Tax Year 2025
Parcel Number R2220699
Gross Income 463975.0
County Washington
Net Operating Income 326492.0
Operating Expense 137483.0
Property Type MultiFamily
HOA N
Rent Includes Electricity MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions Pacific Ave north of TV Hwy / Hwy 47 intersection
High School Forest Grove
City ForestGrove
Number Of Units Total 20
MLS Area _152
Lot Size Square Feet 34848.0
Listing Terms Conventional
Elementary School Joseph Gale
Tax Annual Amount 73859.0
Middle/Junior High School Neil Armstrong
Property Condition NewConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description GALES CREEK TERRACE NO. 4 LOT 150 ACRES 0.09
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Interior
Basement None
Hot Water Gas Tankless
Unit 10 Beds Total 3
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 3
Unit 3 Baths Total 2
Unit 3 Beds Total 3
Unit 4 Baths Total 2
Unit 4 Beds Total 3
Unit 5 Beds Total 3
Unit 6 Beds Total 3
Unit 7 Beds Total 3
Unit 8 Beds Total 3
Unit 9 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType10 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8 UnitTypeType9
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Exterior
Parking Features Driveway
Lot Features Level
Water Source PublicWater
Exterior Description CementSiding LapSiding VinylSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 26787.0
Lot Size Acres 0.8
Road Surface Type Paved
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Internal Only
Street Number 1 1270
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

fjmueller@comcast.net

Email

Affordability Calculator

$44,945
Per Month
86%
14%
0%
Monthly Principal & Interest
$38,790
Monthly Property Taxes
$6,155
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950345 Elementary School
1951008 Middle School
Forest Grove High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2026$6,300,000 Listed Price

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1270 PACIFIC AVE, Forest Grove, OR, 97116 is a Multi-Family Home for sale at $6,300,000 with 26,787 sqft and a lot size of 0.8. 1270 PACIFIC AVE has 30 bedrooms, 20.0 baths, and was built in 2021. The property's zip code is 97116 which is in Forest Grove, OR