Sold694d on market
2418 Cedar Cir
Forest Grove, OR, 97116 • 97116 • Washington County
$650,000
$218/sqft
7Beds
4Baths
2,982Sqft
1968Built
Property DNA
On the None
Other
Wood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
11 views
People checking out this listing
694 days on market
Established listing
$218/sqft
Price per square foot
About this home
Multi Family · Built 1968
Best Forest Grove duplex cap rate on the market, 6.06!!! Solid investment with this exceptional vintage-hip Mid Century duplex, presenting a rare investment opportunity. Zoned for a 4-plex, the existing garage areas offer the potential for two additional units, with one garage already converted into living space with its own bathroom. Very easy to make a Tri-plex and owner had an estimate for about $20,000 to make the 4th unit. HUGE UPSIDE, with seamless expansion without altering the foundation or roofline. A prime chance for investors to enhance cash flow, ideal for residing in one unit and leasing the other. Boasting parquet flooring and two fireplaces, this property is tailored for strategic investors seeking substantial returns. Excellent Forest Grove location, situated within a quiet confine of a cul-de-sac in a charming neighborhood and close to Pacific University.
Estimated monthly payment
Based on current rates
$4,029/month
Principal & Interest$3,162
Property Tax$650
Insurance$217
Down payment20% ($130,000)
3%50%
Est. 6.13% rate · 30yr fixed · $520,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1968
HeatingBaseboard, Fireplace(s)
CoolingNone
ParkingAssigned, Paved
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionExisting
Year built1968
Systems
HeatingBaseboard, Fireplace(s)
CoolingNone
ConstructionBrick, Lap Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingAssigned, Paved
BasementCrawl Space
Location & Tax
Neighborhood97116
ZoningRMH
Annual tax$5,608
ParcelR744485
Bathrooms & Fees
Full baths3
Partial baths1
Features & details
7 categories of property features
Interior Features
Appliances
Refrigerator
Washer/Dryer
Electric Water Heater
Flooring
Wood
Heating
Baseboard
Fireplace(s)
Cooling
None
Exterior Features
Parking
Assigned
Paved
Construction
Brick
Lap Siding
Lot Features
Corner Lot
Cul-De-Sac
Level
SqFt 7000 to 9999
Listing insights
Market data and value estimates
StatusSold
Days on market694
Est. value$669,100
Est. rent$1,903/mo
Tax rate0.83%
Price/sqft$218
On marketJan 19, 2024
PostedAug 22, 2025
Last sold$650,000
MLS statusSold
MLS updatedMay 13, 2024
Tour days6
Views11
How are the schools in Forest Grove?
3 schools rated nearby
Location
Forest Grove, OR, 97116
Price history
6 events
DateEventPrice$/sqftSource
May 13, 2024Sold$650,000$218RMLS (OR)
Mar 14, 2024Pending Sale$650,000$218RMLS (OR)
Feb 10, 2024Listed For Sale$650,000$218RMLS (OR)
Nov 4, 2020Listing Removed$1,750$1Residential Rental Group, LLC
Aug 6, 2020Price Change$1,750$1Residential Rental Group, LLC
Jul 30, 2020Listed For Rent$1,825$1Residential Rental Group, LLC
Sold$650,000
May 13, 2024•$218/sqft•RMLS (OR)
Pending Sale$650,000
Mar 14, 2024•$218/sqft•RMLS (OR)
Listed For Sale$650,000
Feb 10, 2024•$218/sqft•RMLS (OR)
Listing Removed$1,750
Nov 4, 2020•$1/sqft•Residential Rental Group, LLC
Price Change$1,750
Aug 6, 2020•$1/sqft•Residential Rental Group, LLC
Listed For Rent$1,825
Jul 30, 2020•$1/sqft•Residential Rental Group, LLC
Nearby homes
Neighborhood details
Local context around this listing
Forest Grove, OR • Washington County
Nearby neighborhoods
Dilley
Nearby cities
BeavertonCorneliusForest GroveGarden Home-WhitfordHillsboroRaleigh HillsRockcreekSherwood
Nearby zip codes
97116
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