Seller's Agent in 2025
Li Lanz
Li Lanz Properties, LLC
(503) 936-4154
1 in this area
200 Total Sales
1330 SE 4th St Unit 1340 Gresham, OR 97080
Historic Southeast Neighborhood
4
Beds
2
Baths
1,664
Sq Ft
10,454
Sq Ft Lot
Highlights
- No HOA
- 2 Car Garage
- Wood Siding
- Baseboard Heating
- Level Lot
- 1-Story Property
About This Home
As of October 2025Welcome to this solid and well-maintained duplex in a quiet residential pocket of Gresham. Offering 2 bedrooms, 1 bathroom, and attached garage for each unit. This property is ideal for investors looking for immediate rental income. Large 10,500 sqft lot with ample off-street parking. One unit was updated in 2024 with new flooring, kitchen cabinets and countertops. Property is fully occupied, tenants would like to stay. Separate electric meters, owner pays water/sewer, landscaping, and garbage. Make offers subject to interior inspection within 5 days, do not disturb tenants.
Last Agent to Sell the Property
Li Lanz Properties, LLC Brokerage Email: li@lilanzproperties.com License #200308290 Listed on: 09/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,930
Year Built
- Built in 1969 | Remodeled
Lot Details
- 10,454 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- East Gresham Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Rent includes sewer, water
- Assessor Parcel Number R270124
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $10,560
- Gross Income $37,200
- Net Operating Income $26,641
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2025
Closed on
Sep 30, 2025
Sold by
Trunk Mark Timothy
Bought by
Featherston David
Seller's Agent
Li Lanz
Li Lanz Properties, LLC
Buyer's Agent
Marty Spellman
John L. Scott Portland Metro
List Price
$479,000
Sold Price
$507,500
Premium/Discount to List
$28,500
5.95%
Views
15
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.00%
Purchase Details
Closed on
Jun 13, 2006
Sold by
Marcus Enterprises Llc
Bought by
Trunk Mark T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 2006
Sold by
Marcus Donald R
Bought by
Marcus Enterprises Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $507,500 | Ticor Title | |
| Warranty Deed | -- | Ticor Title Insurance Compan | |
| Warranty Deed | $199,000 | First American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | Sold | $507,500 | +5.9% | $305 / Sq Ft |
| 09/07/2025 09/07/25 | Pending | -- | -- | -- |
| 09/01/2025 09/01/25 | For Sale | $479,000 | -- | $288 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,151 | $253,110 | -- | -- |
| 2024 | $4,930 | $245,740 | -- | -- |
| 2023 | $4,492 | $238,590 | $0 | $0 |
| 2022 | $4,367 | $231,650 | $0 | $0 |
| 2021 | $4,257 | $224,910 | $0 | $0 |
| 2020 | $4,005 | $218,360 | $0 | $0 |
| 2019 | $3,900 | $212,000 | $0 | $0 |
| 2018 | $3,719 | $205,830 | $0 | $0 |
| 2017 | $3,568 | $199,840 | $0 | $0 |
| 2016 | $3,146 | $194,020 | $0 | $0 |
| 2015 | $3,078 | $188,370 | $0 | $0 |
| 2014 | $2,953 | $182,890 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Li Lanz
-
Marty Spellman
Buyer's Agent in 2025
Marty Spellman
John L. Scott Portland Metro
(971) 279-9905
2 in this area
21 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 332192065
APN: R270124
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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 brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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