NOT LISTED FOR SALE

1870 N Main Ave Gresham, OR 97030

North Central Neighborhood

Estimated Value: $585,000 - $800,797

6 Beds
3 Baths
2,400 Sq Ft
$289/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $701,000 $292 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,239/month

6 Days on Market

Highlights

  • Corner Lot
  • Storage
  • Heat Pump System
  • Ductless Heating Or Cooling System
  • Wood Siding
  • 1-Story Property

About This Home

As of January 2024

SELLER CARRY FINANCING with terrific terms! Extraordinary opportunity to acquire a meticulously updated TRI-PLEX in a highly desirable location. Each unit has 2 spacious bedrooms, an updated bath, a generous 800 sf of living space. All units have been enhanced with new kitchen cabinets, appliances, including washer & dryers, plush carpeting, fresh paint and efficient ductless heating units with air conditioning. The energy-conscious vinyl windows and sliders further enhance the appeal of these units, while private patios front & back provide a serene outdoor retreat. Currently occupied by reliable tenants under 2-3 year leases, the property represents a secure investment opportunity. Seller is offering an attractive 4.5% interest rate land sales contract amortized over 30 years with a 5 year balloon, 25% down. To qualify, buyers must possess excellent credit history and furnish current credit reports. Act swiftly to secure this one-of-a-kind opportunity, as it is unlikely to be available again. Subject to interior inspection. Please do not disturb tenants.

Last Listed By

Sally Gaudina

MORE Realty Brokerage Phone: 503-754-0177 License #960500049 Listed on: 11/02/2023

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,582

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R283829

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $10,884
  • Gross Income $54,000
  • Net Operating Income $43,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,582

Year Built

Built in 1967 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1967
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Lot Size Range: SqFt10000to14999

Exterior Features

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

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: Ductless
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: MDR-244
  • Parcel #: R283829

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4582.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.56
  • Annual Gross Income: 54000.0
  • Property Net Operating Income: 43116.0
  • Annual Operating Expense: 10884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 5, 2024
Sold by
007 N Main Llc
Bought by
Brown Travis S and Brown Katherine S
Seller's Agent
Sally Gaudina
MORE Realty
Buyer's Agent
Nicole Richards
eXp Realty, LLC
List Price
$678,000
Sold Price
$701,000
Premium/Discount to List
$23,000
3.39%
Total Days on Market
6
Views
16
Current Estimated Value
$693,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,551
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Apr 23, 2013
Sold by
Kintz Paul
Bought by
007 N Main Llc

Purchase Details

Closed on
Feb 28, 2000
Sold by
Kintz Paul Dennis
Bought by
Kintz Paul and Kintz Sharon M

Purchase Details

Closed on
Nov 21, 1997
Sold by
Tarlow Family Ltd Partnership
Bought by
Kintz Paul Dennis and Kintz Sharon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Travis S $701,000 Lawyers Title
007 N Main Llc -- None Available
Kintz Paul -- --
Kintz Paul Dennis $216,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kintz Paul Dennis $50,000
Previous Owner Kintz Paul Dennis $140,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $701,000 +3.4% $292 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $678,000 -- $283 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,723 $250,880 $0 $0
2022 $4,592 $243,580 $0 $0
2021 $4,476 $236,490 $0 $0
2020 $4,211 $229,610 $0 $0
2019 $4,228 $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

Agents Affiliated with this Home

  • Sally Gaudina

    Seller's Agent in 2024

    Sally Gaudina

    MORE Realty

    (503) 754-0177

    1 in this area

    31 Total Sales

    Sally Gaudina
    Section Image
  • Nicole Richards

    Buyer's Agent in 2024

    Nicole Richards

    eXp Realty, LLC

    (503) 886-9156

    7 in this area

    108 Total Sales

    Nicole Richards
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23078406

Regional Multiple Listing Service (RMLS)

APN: R283829

Oregon Multnomah County Gresham 97030 North Central

1870 N Main Ave, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 1870 N Main Ave, Gresham, OR 97030 since 02 November 2023 and is currently estimated at $693,449, approximately $288 per square foot. This property was built in 1967. 1870 N Main Ave is a home located in Multnomah County with nearby schools including Highland Elementary School, Clear Creek Middle School, and Gresham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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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