$655,000
$20K PRICE DROP

16600 SE Baxter Rd Unit 16624 Gresham, OR 97080

Pleasant Valley Neighborhood

Estimated payment $4,036/month

Total Views 2,550
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • RV Access or Parking
  • Creek or Stream View
  • Forced Air Heating and Cooling System
  • 0.67 Acre Lot
  • Landscaped with Trees
  • 4 Car Garage

About This Home

GET 2 HOMES PLUS A SHOP with a studio apartment above on this unique fixer/investment opportunity! Nestled on .67 acres, this versatile property offers two homes and a large shop, making it an incredible rental property or multigenerational living opportunity. The main house offers 1200 finished square feet plus an additional unfinished basement. It features 3 beds, 1 bath. The spacious, fully fenced backyard offers ample space for outdoor enjoyment. The second residence on the property is approximately 600 square feet. It includes 1 bed and 1 bathroom, providing a separate living space or guest quarters. The concrete patio in the back is ideal for relaxing and the storage shed adds extra convenience. Adding to the property's value is a substantial 36'x36' shop with two bays with potential to park 3-4 cars, overhead storage, & a half bathroom. Seize this opportunity to invest in a rural gem with endless possibilities.

Listing Agent

Anthony Castro

The Broker Network, LLC License #200404219

Co-Listing Agent

Alicia Castro

The Broker Network, LLC License #201252351

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,863

Year Built

  • Built in 1952

Lot Details

  • 0.67 Acre Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • 4 Car Garage
  • RV Access or Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Creek or Stream Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Schools

  • Pleasant Valley Elementary School
  • Centennial Middle School
  • Centennial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Wall Furnace
  • Private Water Source
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number R340633

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,000
  • Gross Income $28,692
  • Net Operating Income $22,692

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,863

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1952
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: FullBasement, Unfinished
  • Storage: Garage
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: LapSiding,MetalSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: Level, Trees
  • Road Surface Type: Concrete, Gravel
  • Roof: Composition
  • View: CreekStream

Garage/Parking

  • Parking Description: Garage, RVAccessParking
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir, WallFurnace
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Private, SharedWell

Schools

  • Elementary School: Pleasant Valley
  • High School: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: RFvR7
  • Lot Size Acres: 0.67
  • Lot Size Sq Ft: 29185.0
  • Parcel #: R340633

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4863.13

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 22.83
  • Annual Gross Income: 28692.0
  • Property Net Operating Income: 22692.0
  • Annual Operating Expense: 6000.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $4,863 $284,920 $0 $0
2022 $4,544 $276,630 $0 $0
2021 $4,567 $268,580 $0 $0
2020 $4,195 $260,760 $0 $0
2019 $4,094 $253,170 $0 $0
2018 $3,924 $245,800 $0 $0
2017 $3,792 $238,650 $0 $0
2016 $3,681 $231,700 $0 $0
2015 $3,583 $224,960 $0 $0
2014 $3,498 $218,410 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Price Changed $655,000 0.0% --
05/02/2025 05/02/25 Price Changed $655,000 -3.0% $312 / Sq Ft
04/03/2025 04/03/25 For Sale $675,000 0.0% --
04/03/2025 04/03/25 For Sale $675,000 0.0% $321 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/19/2025 03/19/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $675,000 0.0% --
03/14/2025 03/14/25 For Sale $675,000 -- $321 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Warranty Deed $166,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 New Conventional
Previous Owner $85,000 Credit Line Revolving
Previous Owner $148,000 No Value Available
Previous Owner $124,500 No Value Available
Closed $18,500 No Value Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 774687908

Regional Multiple Listing Service (RMLS)

APN: R340633