$529,000
SOLD JUN 13, 2025
6 Beds
2 Baths
2,176 Sq Ft
9,147 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Lap Siding
  • 1-Story Property
  • Level Lot
  • No Heating

About This Home

As of June 2025

Opportunity Awaits. Very nice, well maintained 3 bedroom units, each with private patio, fenced back yards, and bonus storage rooms. Newer vinyl windows. Each unit has washer/dryer hookups. Plenty of off street parking for 4 vehicles. Easy to rent. (expenses based on 2023 and 2024, Income based on current rents-was 34,200 in '23 and '24 but with recent rent increases should be $36,600 in future) Please do not disturb tenants, no sign on property.

Last Agent to Sell the Property

Carl Iiams

Premiere Property Group, LLC License #970400138 Listed on: 05/15/2025

Premiere Property Group, LLC

Co-Listed By

Daniel Canfield

Premiere Property Group, LLC License #200210001

Last Buyer's Agent

Jacob Sanchez

Next Generation Real Estate LLC License #201217085

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,886

Year Built

  • Built in 1966

Lot Details

  • 9,147 Sq Ft Lot
  • Level Lot

Home Design

  • Metal Roof
  • Lap Siding

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking
  • Off-Street Parking

Schools

  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R279735

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Suncrest Subdivision

Building Details

  • Operating Expense $12,820
  • Gross Income $36,600
  • Net Operating Income $23,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,886

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1966
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits,Locked
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Metal

Garage/Parking

  • Parking Description: OffStreet, Paved
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: LDR-5
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147.0
  • Parcel #: R279735

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4885.96

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.45
  • Annual Gross Income: 36600.0
  • Property Net Operating Income: 23780.0
  • Annual Operating Expense: 12820.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2017
Closed on
Sep 8, 2017
Sold by
Damon Ryan Matt Llc
Bought by
Ninth Street Plex Llc
Seller's Agent
Kelly Henderson
Keller Williams Realty Portland Elite
Buyer's Agent
Daniel Canfield
Premiere Property Group, LLC
List Price
$300,000
Sold Price
$301,000
Premium/Discount to List
$1,000
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%

Purchase Details

Listed on
May 4, 2016
Closed on
Oct 27, 2016
Sold by
Armfield Kathleen
Bought by
Damon Ryan Matt Llc
Seller's Agent
Robert Ascherin
Oregon Digs Real Estate
Buyer's Agent
Elizabeth Carpenter
LizC Real Estate Investments
List Price
$325,000
Sold Price
$283,000
Premium/Discount to List
-$42,000
-12.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%

Purchase Details

Listed on
May 4, 2016
Closed on
Sep 14, 2016
Sold by
Hamilton Louis L
Bought by
Armfield Kathleen
Seller's Agent
Robert Ascherin
Oregon Digs Real Estate
Buyer's Agent
Elizabeth Carpenter
LizC Real Estate Investments
List Price
$325,000
Sold Price
$283,000
Premium/Discount to List
-$42,000
-12.92%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $301,000 First American
Bargain Sale Deed -- None Available
Warranty Deed $283,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $380,880 New Conventional
Previous Owner $174,500 Unknown
Previous Owner $96,366 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $529,000 0.0% $243 / Sq Ft
05/17/2025 05/17/25 Pending -- -- --
05/15/2025 05/15/25 For Sale $529,000 +75.7% $243 / Sq Ft
09/08/2017 09/08/17 Sold $301,000 +0.3% $138 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
08/05/2017 08/05/17 For Sale $300,000 +6.0% $138 / Sq Ft
09/15/2016 09/15/16 Sold $283,000 -12.9% $130 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $325,000 -- $149 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

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 $4,886 $236,430 $0 $0
2022 $4,327 $229,550 $0 $0
2021 $4,218 $222,870 $0 $0
2020 $3,969 $216,380 $0 $0
2019 $3,865 $210,080 $0 $0
2018 $3,685 $203,970 $0 $0
2017 $3,536 $198,030 $0 $0
2016 $3,118 $192,270 $0 $0
2015 $3,050 $186,670 $0 $0
2014 $2,976 $181,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 286903078

Regional Multiple Listing Service (RMLS)

APN: R279735