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Evan Mann, Broker
REALTOR®
(541) 977-6666
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1270 Pacific Ave, Forest Grove, OR 97116

$6,300,000

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Property Description

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 totalCurrent 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.

1270 Pacific Ave | MLS# 578623787

This multi-family property located at 1270 Pacific Ave, Forest Grove, OR 97116 is currently listed for sale with an asking price of $6,300,000. Search Forest Grove real estate on evanmann.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air, Heat Pump
Fuel Type: Electricity, Gas
Heating: Forced Air, Heat Pump
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $76,139
Year Built: 2021
Square Feet: 26,787

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 2:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 3:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 4:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 5:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 6:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 7:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 8:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 9:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2
Unit Type 10:
Bathroom(s): 2
Bedrooms: 3
Features: Dishwasher, Range, Refrigerator, WasherDryer
Rent: $4300.00
Square Footage: 2694
Total Units: 2

Feature Descriptions

Days on Site: 3
Exterior: Cement Siding, Lap Siding, Vinyl Siding
Gross Income: $44000.00 (Actual)
Hot Water: Gas, Tankless
Lot: Level
Net Income: $400000.00 (Actual)
Operating Expenses: $112149.00 (Actual)
Parking: Driveway
Parking Notes: Driveway
Sewer: Public Sewer
Special View Info: Territorial, Trees/Woods
Units: 20
Water: Public Water

Local Schools

High School: Forest Grove
Middle School: Neil Armstrong
Elementary School: Joseph Gale

Listed By / Shown By

Listed By

Agency Name: Premiere Property Group, LLC
Agency Phone: 503-670-9000

Shown By

Agent Name: Evan Mann, Broker
Agent Phone: (541) 977-6666
Agency Title: Bend Premier Real Estate

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Estimate Your Payment

Estimated Payment

$ 40,038.65 per month $31,856.23 Principal & Interest $6,344.92 Property Tax $1,837.50 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/07/2026. The listing information on this page last changed on 05/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 05/07/2026 4:21:48 AM EST) or RMLS (last updated Thu 05/07/2026 1:50:21 AM EST) or COAR/MLSCO (last updated Thu 05/07/2026 1:31:26 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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