3124 19th Pl, Forest Grove, OR 97116
Local realty services provided by:Knipe Realty ERA Powered
3124 19th Pl,Forestgrove, OR 97116
$1,495,000
- - Beds
- - Baths
- 6,348 sq. ft.
- Multi-family
- Active
Listed by: phillip barry
Office: barry investment real estate503-593-9707
MLS#:518419674
Source:PORTLAND
Price summary
- Price:$1,495,000
- Price per sq. ft.:$235.51
About this home
The Donna Place Apartments is an 8-unit multifamily asset located in the desirable Forest Grove submarket of Washington County. Originally constructed in 1972, the property features a low-density, single-level courtyard setting with a strong history of stable occupancy.The unit mix consists of (2) one-bedroom units and (6) two-bedroom units, offering broad tenant appeal within a quiet, residential setting. The units feature large floor plans, with most units having access to large private patios. The property currently generates solid in-place income supported by a mix of long-term residents and recently updated units. There is some near-term upside in the rents, along with additional revenue sources that can be further utilized – including the addition of Utility Bill back (not currently in place), and the implementation of storage locker rentals (currently on-site but not being rented *Potential for a new owner to renovate and capitalize on storage revenue*).Ownership has completed several capital improvements over time, including a new roof in 2017, and many ongoing interior updates at unit turnovers. The property has also benefited from the installation of new PEX water lines installed roughly 15-20 years ago, and new energy efficient vinyl windows & sliders throughout (installed roughly 15-20 years ago).The Donna Place Apartments offer investors the opportunity to acquire a well-maintained, stabilized asset with clear operational upside. A rare opportunity to invest in Forest Grove, one of Washington County’s most stable and desirable submarkets.Seller is a licensed real estate broker in the State of Oregon and is acting as the listing broker for the Property....
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Home facts
- Year built:1972
- Listing ID #:518419674
- Added:28 day(s) ago
- Updated:June 24, 2026 at 11:19 AM
Rooms and interior
- Living area:6,348 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1972
- Building area:6,348 sq. ft.
- Lot area:0.36 Acres
- Lot Features:Level
- Foundation Description:Block
- Levels:1 Story
Schools
- High school:Forest Grove
- Middle school:Tom McCall
- Elementary school:Joseph Gale
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,495,000
- Price per sq. ft.:$235.51
- Tax amount:$8,070 (2025)
Parking
- Total parking spaces:9
- Parking description:Assigned, Off Street
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