$675,000

Estimated payment $4,168/month

6 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Baseboard Heating
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

Opportunity meets flexibility with this Gresham triplex! Whether you're looking to expand your investment portfolio or explore the option of living in one unit while renting the others, this property offers plenty of possibilities. Two units are currently occupied, while the vacant end unit has been recently refreshed and is ready for immediate occupancy or placement of a new tenant. Updates include fresh interior paint throughout, new flooring and bathroom improvements, creating a clean, bright and welcoming space. The kitchen includes appliances, while washer/dryer hookups add everyday convenience. Sliding doors extend the living space to a private fenced patio with additional exterior storage. The single-level layout and end-unit location are additional highlights. With existing tenancy in place plus the flexibility to determine how the third unit is utilized, this triplex offers options from day one. Live in one and rent the others, select your own tenant for the vacant unit, or simply add a versatile multifamily property to your investment portfolio. A great opportunity to invest in Gresham!

Listing Agent

Stephanie Peck

eXp Realty, LLC Brokerage Phone: 503-832-0180 License #200708180 Listed on: 08/11/2026

eXp Realty, LLC

Co-Listing Agent

Michelle Woster

eXp Realty, LLC Brokerage Phone: 503-832-0180 License #201234997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,416

Year Built

  • Built in 1967

Lot Details

  • 13,068 Sq Ft Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Paved Parking

Schools

  • Highland Elementary School
  • Clear Creek Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R283831

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $20,665
  • Gross Income $40,174
  • Net Operating Income $19,509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,416

Year Built

Built in 1967

Lot Details

0.3 Acres

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1967
  • Property Attached Yn: No
  • Current Price For Status: 675000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Shingle

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 6.0

Utilities

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

Schools

  • Elementary School: Highland
  • High School: Gresham
  • Middle Or Junior School: Clear Creek

Lot Info

  • Zoning: MDR24
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068.0
  • Parcel #: R283831

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5416.05

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.8
  • Annual Gross Income: 40174.0
  • Property Net Operating Income: 19509.0
  • Annual Operating Expense: 20665.0

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 $5,416 $266,150
2024 $5,185 $258,400
2023 $5,185 $250,880
2022 $4,592 $243,580 $0 $0
2021 $4,476 $236,490 $0 $0
2020 $4,211 $229,610 $0 $0
2019 $4,101 $222,930 $0 $0
2018 $3,911 $216,440 $0 $0
2017 $3,752 $210,140 $0 $0
2016 $3,308 $204,020 $0 $0
2015 $3,237 $198,080 $0 $0
2014 $3,158 $192,320 $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
08/11/2026 08/11/26 For Sale $675,000 +16.4% --
04/03/2023 04/03/23 Sold $580,000 -9.4% $242 / Sq Ft View Prior Sale
03/02/2023 03/02/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $639,999 0.0% $267 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $639,999 0.0% $267 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/26/2023 01/26/23 Price Changed $639,999 -1.5% $267 / Sq Ft
01/19/2023 01/19/23 For Sale $650,000 +71.1% $271 / Sq Ft
01/27/2017 01/27/17 Sold $380,000 -3.3% $158 / Sq Ft View Prior Sale
10/13/2016 10/13/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $392,900 -- $164 / 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 $580,000 --
Warranty Deed $380,000 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Bargain Sale Deed -- Ticor Title Insurance Co
Warranty Deed $275,000 Ticor Title Insurance Compan
Warranty Deed $216,000 Fidelity Natl Title Co Of Or
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 $430,500 New Conventional
Closed $435,000 New Conventional
Previous Owner $373,117 FHA
Previous Owner $220,000 Fannie Mae Freddie Mac
Previous Owner $125,250 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Stephanie Peck

eXp Realty, LLC

(971) 414-3024

Section Image

Meet Stephanie, Your Trusted Real Estate Advisor.

With a passion for community and a commitment to excellence, Stephanie is your dedicated partner in all your real estate endeavors. As a proud member of the Portland Metro Community for her whole life, Stephanie brings a deep understanding of the local market and a genuine love for the area to every client interaction.

Driven by a philosophy of service and integrity, Stephanie believes in building lasting relationships with her

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 444131874

Regional Multiple Listing Service (RMLS)

APN: R283831

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