3124 19TH Pl, Forest Grove, OR 97116
- 6,348 sqft
Multi-Family Home
Built in 1972
0.36acre lot
—— car garage
$236/sqft
Listed 1 month ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- May 26, 2026
- Data Last Updated:
- June 27, 2026 at 7:44AM
- Listing Office:
- Barry Investment Real Estate : 503-593-9707
- Listing Agent:
- Phillip Barry : 503-593-9707
- MLS ID:
- 518419674

- General: Wood siding
- Parking: AssignedOff streetParking spaces: 9
- Roofing: Composition
- General: Block
- Road/Access: Paved
- Golf: Laundry
- Originating MLS: Regional Multiple Listing ServiceInc.
- County: Washington
- Zoning: CCVANDERVELDEN TRACTSLOT 10-11R415090
- Water: Public water
- Sewer: Public sewer
- Source: Regional Multiple Listing ServiceInc.
This listing courtesy of Phillip Barry , Barry Investment Real Estate
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
