16600 SE Baxter Rd Unit 16624 Gresham, OR 97080
Pleasant Valley NeighborhoodEstimated payment $3,495/month
Highlights
- Popular Property
- 0.67 Acre Lot
- Landscaped with Trees
- RV Access or Parking
- Creek or Stream View
- Forced Air Heating and Cooling System
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.
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
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Schools
- Pleasant Valley Elementary School
- Centennial Middle School
- Centennial High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Wall Furnace
- Well
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number R340633
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $6,000
- Gross Income $45,192
- Net Operating Income $38,928
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $4,863 | $293,460 | -- | -- |
| 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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2025 08/03/25 | For Sale | $585,000 | -- | -- |
Purchase 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 |
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: Regional Multiple Listing Service (RMLS)
MLS Number: 780059961
APN: R340633
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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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