$445,000

Estimated payment $2,831/month

Total Views 3,145
4 Beds
2 Baths
1,734 Sq Ft
$257 Price per Sq Ft

Highlights

  • Private Lot
  • Baseboard Heating
  • 1-Story Property
  • No HOA

About This Home

Exceptional Income-Producing Duplex in Gresham. A fantastic opportunity to own a well-maintained duplex with dependable rental income already in place! Both units are occupied by tenants, making this a true turnkey investment from the moment you close. Conveniently located near shopping, restaurants, parks, schools, public transportation, and major commuter routes. Whether you’re looking to grow your investment portfolio or secure a well-maintained asset with immediate cash flow, this duplex offers the perfect combination of location, quality, and long-term value. Please respect the tenants’ privacy—interior inspection is subject to offer acceptance.

Listing Agent

Yarina Romanyuk

MORE Realty Brokerage Phone: 503-593-0634 License #201250681 Listed on: 07/10/2026

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 8,276 Sq Ft Lot
  • Private Lot
  • Corner Lot
  • Level Lot

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • Paved Parking

Schools

  • Hogan Cedars Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R279736

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $9,000
  • Gross Income $33,600
  • Net Operating Income $24,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,618

Year Built

Built in 1966 | Remodeled

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1966
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 445000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 4
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodComposite
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level, Private
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Metal

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, Other
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hogan Cedars
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: LDR-5
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: R279736

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4617.73

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.24
  • Annual Gross Income: 33600.0
  • Property Net Operating Income: 24600.0
  • Annual Operating Expense: 9000.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,618 $226,920
2024 $4,420 $220,320
2023 $4,027 $213,910 $0 $0
2022 $3,915 $207,680 $0 $0
2021 $3,816 $201,640 $0 $0
2020 $3,591 $195,770 $0 $0
2019 $3,497 $190,070 $0 $0
2018 $3,334 $184,540 $0 $0
2017 $3,199 $179,170 $0 $0
2016 $2,821 $173,960 $0 $0
2015 $2,760 $168,900 $0 $0
2014 $2,693 $163,990 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2026 07/10/26 For Sale $445,000 +43.6% $257 / Sq Ft
07/26/2018 07/26/18 Sold $309,900 0.0% $179 / Sq Ft View Prior Sale
06/12/2018 06/12/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $309,900 +12.7% $179 / Sq Ft
06/28/2016 06/28/16 Sold $275,000 0.0% $159 / Sq Ft View Prior Sale
05/11/2016 05/11/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $275,000 -- $159 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $310,000 First American Title
Warranty Deed $262,000 Old Republic Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $248,000 New Conventional
Previous Owner $253,255 FHA
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 735230246

Regional Multiple Listing Service (RMLS)

APN: R279736

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