$604,000
SOLD AUG 17, 2026

3460 SW Butler Rd Unit 3470 Gresham, OR 97080

Southwest Gresham Neighborhood
3 Beds
2 Baths
2,386 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: August 17, 2026

$253 Per Sq Ft

1% Above List Price

4 Days on Market

Highlights

  • Zoned Heating
  • 2 Car Garage
  • Level Lot

About This Home

As of August 2026

Well-maintained duplex offering an excellent investment opportunity or owner-occupant potential. Each unit features approximately 1,200 square feet with 3 bedrooms, 1½ bathrooms, and an attached garage. Step inside to an open entry leading to a bright and inviting living room. The functional kitchen includes an eat bar and flows seamlessly into the dining area, with a slider providing access to a fenced backyard and patio. The spacious primary bedroom offers double closets and ample storage. One unit is currently occupied, while the other is vacant and move-in ready with fresh interior paint, new carpet, and updated laminate flooring. A great opportunity for investors seeking rental income or buyers looking to live in one unit while generating income from the other.

Last Agent to Sell the Property

Ken Cahill

John L. Scott Portland Metro Brokerage Phone: 503-866-3968 License #930400123 Listed on: 07/11/2026

John L. Scott Portland Metro

Co-Listed By

Kimberly Guzman

John L. Scott Portland Metro Brokerage Phone: 503-866-3968 License #200301093

Last Buyer's Agent

Adine Peterson

Premiere Property Group, LLC License #201209477

Premiere Property Group, LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,001

Year Built

  • Built in 1996

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,386 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Butler Creek Elementary School
  • Centennial Middle School
  • Centennial High School

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R157231

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $10,935
  • Gross Income $53,834
  • Net Operating Income $42,898

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,001

Year Built

Built in 1996

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1996
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 604000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Total Bedrooms: 3
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Butler Creek
  • High School: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: R
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0
  • Parcel #: R157231

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6001.18

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.13
  • Annual Gross Income: 53834.0
  • Property Net Operating Income: 42898.0
  • Annual Operating Expense: 10935.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2026
Closed on
Aug 13, 2026
Sold by
Simplify Life Llc
Bought by
Seller's Agent
Ken Cahill
John L. Scott Portland Metro
Buyer's Agent
Adine Peterson
Premiere Property Group, LLC
List Price
$599,000
Sold Price
$604,000
Premium/Discount to List
$5,000
0.83%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-37.09%
Original Mortgage
$453,000
Outstanding Balance
$453,000
Interest Rate
6.55%
Mortgage Type
New Conventional
Estimated Equity
$129,014

Purchase Details

Closed on
Aug 5, 2011
Sold by
Trejo Ernesto
Bought by
Simplify Life Llc

Purchase Details

Closed on
Jun 28, 2006
Sold by
Rose Jeffrey W
Bought by
Trejo Ernesto and Flores Ernestina Hidalgo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 21, 1999
Sold by
Blank Robert M
Bought by
Rose Jeffery W and Rose Gina Vidal

Purchase Details

Closed on
Jan 10, 1996
Sold by
B I Gentry Construction Co Inc
Bought by
Blank Robert M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Southwest Gresham, OR

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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 $209,000 Ticor Title
Warranty Deed $335,000 Ticor Title Insurance Compan
Warranty Deed $231,750 First American Title Ins Co
Warranty Deed $200,000 Oregon Title Insurance Co
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
Previous Owner $268,000 Balloon
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
08/17/2026 08/17/26 Sold $604,000 +0.8% $253 / Sq Ft
07/15/2026 07/15/26 Pending -- -- --
07/11/2026 07/11/26 For Sale $599,000 -- $251 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,001 $316,900
2024 $5,748 $307,670
2023 $5,175 $298,710 $0 $0
2022 $4,984 $290,010 $0 $0
2021 $5,002 $281,570 $0 $0
2020 $4,606 $273,370 $0 $0
2019 $4,494 $265,410 $0 $0
2018 $4,310 $257,680 $0 $0
2017 $4,166 $250,180 $0 $0
2016 $4,044 $242,900 $0 $0
2015 $3,880 $235,830 $0 $0
2014 $3,703 $228,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 155164197

Regional Multiple Listing Service (RMLS)

APN: R157231

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