171 NE Olvera Ct Unit 173 Gresham, OR 97030
Powell Valley NeighborhoodEstimated payment $3,608/month
Highlights
- Private Lot
- 2 Car Attached Garage
- Forced Air Heating System
- Cul-De-Sac
- Cooling System Mounted In Outer Wall Opening
- 1-Story Property
About This Home
Don’t miss this turnkey side-by-side duplex on a quiet cul-de-sac near Mt. Hood Community College and Mt. Hood Kaiser Medical Center. Each one-level unit offers 1,068 square feet of comfortable living, featuring large bedrooms, in-unit laundry rooms, and convenient tuck-under garages. Both units include full kitchens with dishwashers, generous living areas, and access to a large backyard—perfect for tenants who value outdoor space. The vacant unit has been freshly painted and is move-in ready, making it an excellent option for an owner-occupant. Additionally, the unused space above the garages could be turned into a third unit per the city. Buyer to do due diligence.
Open House Schedule
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Saturday, May 10, 202511:00 am to 1:00 pm5/10/2025 11:00:00 AM +00:005/10/2025 1:00:00 PM +00:00Add to Calendar
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Sunday, May 11, 20251:00 to 3:00 pm5/11/2025 1:00:00 PM +00:005/11/2025 3:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,040
Year Built
- Built in 1978
Lot Details
- 8,712 Sq Ft Lot
- Cul-De-Sac
- Private Lot
Parking
- 2 Car Attached Garage
Home Design
- Composition Roof
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 2,136 Sq Ft Home
- 1-Story Property
- Crawl Space
Schools
- Kelly Creek Elementary School
- Cedar Ridge Middle School
- Sam Barlow High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number R154896
Community Details
Overview
- 2 Units
- El Camino Subdivision
Building Details
- Operating Expense $10,204
- Gross Income $55,804
- Net Operating Income $45,599
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 |
|---|---|---|---|---|
| 2023 | $4,592 | $243,870 | $0 | $0 |
| 2022 | $4,463 | $236,770 | $0 | $0 |
| 2021 | $4,351 | $229,880 | $0 | $0 |
| 2020 | $4,094 | $223,190 | $0 | $0 |
| 2019 | $3,987 | $216,690 | $0 | $0 |
| 2018 | $3,801 | $210,380 | $0 | $0 |
| 2017 | $3,647 | $204,260 | $0 | $0 |
| 2016 | $3,216 | $198,320 | $0 | $0 |
| 2015 | $3,146 | $192,550 | $0 | $0 |
| 2014 | $2,983 | $186,750 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | For Sale | $575,000 | +167.4% | $269 / Sq Ft |
| 11/21/2012 11/21/12 | Sold | $215,000 | -4.4% | $101 / Sq Ft |
| 10/05/2012 10/05/12 | Pending | -- | -- | -- |
| 08/15/2012 08/15/12 | For Sale | $225,000 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $215,000 | First American | |
| Bargain Sale Deed | -- | Accommodation | |
| Warranty Deed | $175,000 | Ticor Title Insurance Compan |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $311,500 | New Conventional | |
| Closed | $60,000 | Credit Line Revolving | |
| Closed | $38,900 | Credit Line Revolving | |
| Closed | $161,250 | New Conventional | |
| Previous Owner | $86,760 | Credit Line Revolving | |
| Previous Owner | $157,325 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 304093124
APN: R154896
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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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