2600 SE Orient Dr Gresham, OR 97080
Kelly Creek NeighborhoodEstimated payment $7,111/month
Highlights
- 0.79 Acre Lot
- Lap Siding
- 1-Story Property
- Central Air
- Heat Pump System
About This Home
The property has 4 buildings; a 5plex, 4plex, a standalone and a storage garage. There are seven 1 bedrooms and 3 studios. The 4plex is new and was completed in 2024.4 Plex consists of four 1 bedroom units all about 325 SF with individual water heaters, electric panels, and meters. Each units has its own Heat Pump with AC. There also is a fire alarm and sprinkler system. The building was built completely new and completed in 2024.The 5 unit building has three studios and two 1 bedroom units. It has a metal roof and siding, separate meters and electric heat. 3 of the units have recently been upgrade with LPV floors fresh paint etc.The standalone unit is 360 SF and has a new shingle roof and electric heat.All units are metered separately and tenants pay their own bills.The storage garage is a basic pole building 24X36 with its own meter and 200 amp service. Potential to add laundry and storage units for tenants.Plenty of off street parking for the tenants.Potential opportunity to build more units depending on the city.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,965
Year Built
- Built in 1942 | Remodeled
Lot Details
- 0.79 Acre Lot
Home Design
- Composition Roof
- Metal Roof
- Lap Siding
Interior Spaces
- 3,260 Sq Ft Home
- 1-Story Property
- Crawl Space
- Fire Sprinkler System
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Schools
- Kelly Creek Elementary School
- Gordon Russell Middle School
- Sam Barlow High School
Utilities
- Central Air
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R339809
Community Details
Overview
- 10 Units
Building Details
- Operating Expense $34,793
- Gross Income $130,674
- Net Operating Income $95,701
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $4,965 | $244,010 | -- | -- |
| 2024 | $4,753 | $236,910 | -- | -- |
| 2023 | $4,331 | $230,010 | $0 | $0 |
| 2022 | $4,210 | $223,320 | $0 | $0 |
| 2021 | $4,104 | $216,820 | $0 | $0 |
| 2020 | $3,861 | $210,510 | $0 | $0 |
| 2019 | $3,760 | $204,380 | $0 | $0 |
| 2018 | $3,585 | $198,430 | $0 | $0 |
| 2017 | $3,440 | $192,660 | $0 | $0 |
| 2016 | $3,033 | $187,050 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/29/2026 01/29/26 | Price Changed | $1,299,900 | -3.7% | $399 / Sq Ft |
| 01/10/2026 01/10/26 | For Sale | $1,350,000 | -- | $414 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 712436745
APN: 1S3E13CD 01400
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Ask me questions while you tour the home.