$494900

Price cut: $5K (07-07-2025)

3 Bed
2 Bath
1036 SqFt
46 DOM
Built: 1930
Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Investor Opportunity in the Heart of Forest Grove! Located just minutes from Pacific University, this 1930s-era home offers the perfect blend of current rental potential and future development. Situated on an oversized lot and zoned Residential High Density, this property presents a rare opportunity for savvy investors and developers. The existing 3 bedroom, 2 bathroom home has solid bones and rental income potential, but the real value lies in the land. If you subdivide the lot there is significant potential for redevelopment—think duplex, triplex, fourplex, or even a larger multifamily project. Whether you’re looking to renovate and rent, or start fresh with a higher-density build, this property checks all the boxes. Buyers to perform their own due diligence with the City of Forest Grove regarding zoning, land use, and development options. Don’t miss your chance to secure a prime piece of property in a growing area.

Listing Provided Courtesy of Michelle Stepp, Keller Williams Realty Portland Premiere

General Information

MLS #137625849
TypeSingleFamilyResidence
Days on Market 46 DOM
Beds3
Lot Size 10454.4 SqFt
Baths2
SqFt1036
Year built1930
Zoning
CountyWashington
Tax IDR440543
ElemJoseph Gale
MiddleNeil Armstrong
HighForest Grove
PropCategoryResidential
PropTypeSingleFamilyResidence
Neighborhood (Legal)PROSPECT PARK, LOT 2-3

Listing Provided Courtesy of Michelle Stepp, Keller Williams Realty Portland Premiere

Mohan Realty Group data last checked: Jul 24, 2025 01:54 | Listing last modified Jul 07, 2025 16:48, Source:

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Residence Information

Upper SqFt0
Main SqFt1036
Lower SqFt0
Total SqFt1036
SFSrcTax Recors
TotUp/Mn1036
Fireplaces
Bdrms3
Full Bath2
Partial Bath0
Total Bath2
Roof
Garage1, Attached
StyleStories1
ParkingDriveway,OnStreet
Levels1
Year Built1930
Green CertNo
Energy Eff
ExteriorCementSiding
Bsmt/FndCrawlSpace
RVRVParking
URM
BasementCrawlSpace
Foundation
Windows
Amenities

Features and Utilities

Living
KitchenFreeStandingRange
InteriorHardwoodFloors, WasherDryer
ExteriorDeck, Fenced, RVBoatStorage, ToolShed, Yard
AccessibilityOneLevel
CoolMiniSplit
Water
HeatDuctless, MiniSplit, PelletStove
SewerPublicSewer
Hot Water
FuelElectricity

Financial

PTax/Yr3517.82
HOA0
HOA Incl
HOA Fee
Other Dues
Terms ConsideredCash,Conventional,FHA,USDALoan,VALoan
List Date05-23-2025
Rent (If Rented)
Bank Owned/REONo
Short SaleNo

Comparable Information

Pending Date
DOM 46
CDOM 62
Sold Date
TermsCash,Conventional,FHA,USDALoan,VALoan
Original Price$550,000
List Price$494,900
Sold Price
Last ModifiedJul 07, 2025 16:48

Schools

Elementary : Joseph Gale N/A Ratings

Middle : Neil Armstrong N/A Ratings

High : Forest Grove N/A Ratings

Map

Listing courtesy of Keller Williams Realty Portland Premiere.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Jul 24, 2025 01:54 | Listing last modified Jul 07, 2025 16:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

1834 C ST