2432 MAIN ST Forest Grove, OR $ 889,000
2432 MAIN ST
$ 889,000
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2432 MAIN ST

Forest Grove, OR, 97116
$ 889,000
Bedrooms8 Baths4.0

Monthly Estimate*

$ 6,140

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Multi-Family Home for sale in Forest Grove, OR

for $889,000 with 8 bedrooms and 4 full baths. This home was built in 1980 on a lot size of 0.31.

Excellent investment opportunity! Two duplexes offering a total of four units, each featuring 2 bedrooms and 1 full bathroom. Recent improvements include a new roof, new windows and window blinds throughout, with three of the four units featuring cosmetic updates. All kitchen appliances are included; washers and dryers are excluded. Each unit offers an attached exterior storage space, while the lower-level units enjoy private fenced backyards. Additional amenities include a shared common area and ample on-street and off-street parking. All four units are currently leased, offering an attractive opportunity for investors seeking an income-producing property. Ideally located within walking distance of Pacific University, the Forest Grove Aquatic Center and vibrant downtown Forest Grove, featuring local restaurants, shops and businesses. A fantastic opportunity to add a well located multifamily property to your investment portfolio! Or live in one and rent the other three.

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Multi-Family Active

Price

$ 889,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,370

Style

Lot Size

0.31

Year Built

1980

Town/City

Forest Grove

County/Region

Washington

MLS | Web ID

388668942

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof Composition
Zoning RMH
Security Features None
Year Built 1980
Tax Year 2025
Parcel Number R745233
Gross Income 77976.0
Community Features Commons
County Washington
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes Sewer Water
Status Active
Directions Left onto Bst Right onto 23rd Ave Left onto Main St
High School Forest Grove
City ForestGrove
Number Of Units Total 4
MLS Area _152
Lot Size Square Feet 13503.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Harvey Clark
Tax Annual Amount 7370.58
Middle/Junior High School Neil Armstrong
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description BRANFORD ADDITION TO FOREST GROVE BLOCK 1 LOT PT LOTS 23 & 24
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Interior
Basement CrawlSpace
Storage Attached
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Driveway OnStreet
Lot Features Level
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Lot Size Acres 0.31
Road Surface Type Paved
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Internal Only
Street Number 1 2432
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* Excluded Features
List By
Exp Realty, Llc

Broker

503-754-6602

Contact

Affordability Calculator

$6,754
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,140
Monthly Property Taxes
$614
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1949994 Elementary School
1951008 Middle School
Forest Grove High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2026$889,000 Listed Price

Map


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2432 MAIN ST, Forest Grove, OR, 97116 is a Multi-Family Home for sale at $889,000 with a lot size of 0.31. 2432 MAIN ST has 8 bedrooms, 4.0 baths, and was built in 1980. The property's zip code is 97116 which is in Forest Grove, OR