👑 Turnkey Rental Condo with No Rental Cap in Forest Grove 👑
Price: $155,000
This is the kind of deal that makes sense for investors looking for a low-maintenance rental in a growing area without breaking the bank. The no rental cap and pet-friendly policy give you flexibility and help widen the tenant pool, while the HOA covering garbage, sewer, and water helps keep monthly expenses more predictable. This property is located in a USDA-financing zone. With the unit already move-in ready, this could work well as a straightforward buy-and-hold investment with solid long-term rental potential.
3404 19th Ave #212, Forest Grove, OR 97116
2 beds | 1 bath | 834 sqft
Built in 1979
Move-in ready
Covered private balcony with exterior storage closet
Dedicated parking spot
Pets allowed
No rental cap
Close to schools, wineries, parks, and outdoor recreation
Near grocery stores, restaurants, and daily shopping
HOA fee: $461 per month includes garbage, sewer, and water
Rental rates: $1,750–$1,850 per month
ARV Comps:
AS IS – no rehab:
https://www.zillow.com/homedetails/3404-19th-Ave-APT-103-Forest-Grove-OR-97116/48524935_zpid/ – Sold at $215,000
Rehabilitation complete:
https://www.zillow.com/homedetails/3404-19th-Ave-APT-203-Forest-Grove-OR-97116/48524959_zpid/ – Sold at $230,000
https://www.zillow.com/homedetails/3404-19th-Ave-APT-206-Forest-Grove-OR-97116/48524962_zpid/ – Sold at $225,000
Public Walkthrough on 5/15 at 3 PM
Closing date: 6/5/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.
Please contact us via DM or call if you have any other questions (503) 404-4532.
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
