NOT LISTED FOR SALE
-- Bed
-- Bath
5,588 Sq Ft
3,750 Sq Ft Lot

Sale Details

Date Sold: November 14, 2025

Last sale price $547,500 $98 Per Sq Ft

99 Days on Market

About This Home

As of November 2025

Solid, stabilized, corner brick 6-flat in popular Auburn Gresham, one block north of 79th Street at Honore and 78th Street. On a nice block with many well-cared-for bungalows in an appreciating area and near transportation, shopping and more, this building is worth adding to your portfolio. 5 units are spacious two bedroom, one bath apartments and one unit is a three bedroom, one bath. Improvements made include a new roof in 2020, and tuckpointing and lintel replacement in 2022. Some units have been recently updated. Building has an installed security system in place. Tenants pay their own heat, which means strong financial performance. There is also additional upside for a new owner in higher rents, for charging for 3 off-street parking spaces, and possibly putting in coin laundry. One unit is available for first showing purposes so book now!

Last Agent to Sell the Property

David Urbaniak

@properties Commercial License #475114531 Listed on: 06/10/2025

@properties Commercial

Last Buyer's Agent

Ana Saavedra

YUB Realty Inc License #475186796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,191

Year Built

  • Built in 1928

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 30 x 125

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,588 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $293
  • Fuel Expense $1,200
  • Insurance Expense $3,800
  • Maintenance Expense $1,800
  • Other Expense $4,652
  • Trash Expense $1,104
  • Water Sewer Expense $3,000
  • Operating Expense $20,640
  • Gross Income $77,532
  • Net Operating Income $56,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,191

Year Built

Built in 1928

Lot Details

3,750 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1928
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,No Sign on Property
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Drive-In Doors: 0
  • Refrigerators: 6
  • Ranges: 6
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Roof: Membrane
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: None
  • Heat/Ventilation: Forced Air,Gas

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 1104
  • Water Sewer Expenses: 3000
  • Operating Expense Includes: Trash,Utilities,Vacancy Allowance,Water/Sewer,Electricity,Real Estate Tax,Hot Water

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 30 X 125
  • Lot Size Sq Ft: 3750
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 5588

Multi Family

  • Net Operating Income: 56892
  • Fuel Expense: 1200
  • Insurance Expense: 3800
  • ElectricExpense: 293
  • GrossIncome: 77532
  • Maintenance Expense: 1800
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20640
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 4191
  • Tax Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Buyer Sale Price Title Company
$547,500 None Listed On Document
-- None Listed On Document
$51,500 Parks
-- None Available
$385,000 First American
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 Borrower Loan Amount
Closed $308,000
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
11/14/2025 11/14/25 Sold $547,500 -8.6% $98 / Sq Ft
09/17/2025 09/17/25 Pending -- -- --
06/10/2025 06/10/25 For Sale $599,000 0.0% $107 / Sq Ft
02/10/2025 02/10/25 Off Market -- -- --
02/05/2025 02/05/25 For Rent -- -- --
Source: Midwest Real Estate Data (MRED)

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 $4,191 $37,187 $1,875 $35,312
2024 $4,191 $37,187 $1,875 $35,312
2023 $4,086 $19,865 $3,000 $16,865
2022 $4,086 $19,865 $3,000 $16,865
2021 $4,826 $24,000 $3,000 $21,000
2020 $2,821 $12,663 $3,000 $9,663
2019 $2,891 $14,390 $3,000 $11,390
2018 $3,511 $17,772 $3,000 $14,772
2017 $5,294 $24,591 $2,625 $21,966
2016 $4,925 $24,591 $2,625 $21,966
2015 $4,506 $24,591 $2,625 $21,966
2014 $3,920 $21,128 $2,437 $18,691
2013 $783 $4,306 $2,437 $1,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12384274

Midwest Real Estate Data (MRED)
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