About This Home

This 30-bedroom, 20-bathroom residential multi family at 1270 PACIFIC Ave in Forestgrove, OR is listed for $6,300,000 ($233 per sqft). Built in 2021, the home offers 27,077 sqft of living space on a 0.80 acres lot.

Key Features

  • Built in 2021
  • 0.80 acre lot
  • 2 stories

Property Details

2 stories
20 full
2021

Amenities

ViewA/C
Listing Description

Newer-construction, fee-simple duplexes located approximately 10 blocks from Pacific University. Current combined gross monthly rental income is approximately $42,000. Assumable loan with a 5.45% interest rate. Income-producing properties with established rental income and assumable financing. Potential opportunity for a 1031 exchange. Buyer to verify rental income, loan terms, assumability, and all property information.

Monthly Cost Estimate

$33,694/mo

20% down · 6.5% · 30 years

Principal$4,556
Interest$27,300
Insurance$1,838

Estimates only. Actual payments may vary.

Location

1270 PACIFIC Ave

Forestgrove, OR 97116

Property Details

Views

Territorial

Heating

Forced AirHeat Pump (Heating)

Cooling

Central AirHeat Pump

Questions & Answers

This 30-bedroom, 20-bathroom residential multi family at 1270 PACIFIC Ave is listed at $6,300,000 ($233/sqft). The estimated monthly payment is $33,694 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2021, 0.80 acre lot, 2 stories.

This property is listed by Fred Mueller.

FM

Fred Mueller

Agent at Premiere Property Group, LLC

Listed by Premiere Property Group, LLC · Broker phone: (503) 670-9000 · View on Broker Site · Broker website

MLS# 578623787· Source: Regional Multiple Listing Services· 180 days on PropertySimple

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1270 PACIFIC Ave, Forestgrove, OR 97116

Open this listing in: