$550,000

240 SE Kane Dr Gresham, OR 97080

Powell Valley Neighborhood

Estimated payment $3,556/month

6 Beds
4 Baths
2,136 Sq Ft
$257 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Level Lot
  • 1-Story Property
  • Forced Air Heating System
  • Lap Siding

About This Home

220/240 SE Kane Dr. Great opportunity for an owner-occupant or investor! This single-level duplex features two spacious units, each offering 3 bedrooms, 2 bathrooms, a private one-car garage, and a large fenced backyard. The functional one-level layouts provide comfortable, easy living, while separate outdoor spaces give each unit added privacy. Live in one unit and rent out the other, or add a versatile income-producing property to your investment portfolio. Conveniently located near public transportation, shopping, restaurants, and everyday amenities, making this property appealing for both owners and tenants. With generous yards, individual garages, and desirable three-bedroom floor plans on both sides, this duplex offers a combination of space, convenience, and investment potential that is hard to find.

Listing Agent

Michelle Palmquist

Redfin License #201213366 Listed on: 08/26/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1994

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

  • Powell Valley Elementary School
  • Gordon Russell Middle School
  • Sam Barlow High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R339441

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $18,937
  • Gross Income $45,393
  • Net Operating Income $26,699

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,457

Year Built

Built in 1994

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1994
  • Property Attached Yn: No
  • Current Price For Status: 550000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Driveway
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Powell Valley
  • High School: Sam Barlow
  • Middle Or Junior School: Gordon Russell

Lot Info

  • Zoning: LDR
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: R339441

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6456.72

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.12
  • Annual Gross Income: 45393.0
  • Property Net Operating Income: 26699.0
  • Annual Operating Expense: 18937.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
08/26/2026 08/26/26 For Sale $550,000 -- $257 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 510643976

Regional Multiple Listing Service (RMLS)
Oregon Multnomah County Gresham 97080 Powell Valley

240 SE Kane Dr, Gresham, OR

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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 © 2026 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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Listing Agent
Michelle Palmquist
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Redfin
(971) 290-1969
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