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!
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
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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 AssessmentTax 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
08/11/202608/11/26
For Sale
$675,000
+16.4%
--
04/03/202304/03/23
Sold
$580,000
-9.4%
$242 / Sq Ft
View Prior Sale
03/02/202303/02/23
Pending
--
--
--
02/21/202302/21/23
For Sale
$639,999
0.0%
$267 / Sq Ft
02/17/202302/17/23
Pending
--
--
--
02/14/202302/14/23
For Sale
$639,999
0.0%
$267 / Sq Ft
01/29/202301/29/23
Pending
--
--
--
01/26/202301/26/23
Price Changed
$639,999
-1.5%
$267 / Sq Ft
01/19/202301/19/23
For Sale
$650,000
+71.1%
$271 / Sq Ft
01/27/201701/27/17
Sold
$380,000
-3.3%
$158 / Sq Ft
View Prior Sale
10/13/201610/13/16
Pending
--
--
--
08/17/201608/17/16
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.
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.
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