4120 NE 8th St Unit 4140 Gresham, OR 97030
Powell Valley NeighborhoodEstimated payment $3,413/month
Highlights
- Territorial View
- 2 Car Attached Garage
- 1-Story Property
- Corner Lot
- Heat Pump System
About This Home
Great opportunity to own a well-kept duplex in a quiet Gresham neighborhood. The 2 bed, 1 bath unit is vacant and move-in ready—perfect for an owner-occupant or new tenant. Enjoy a private yard, off-street parking, and an attached garage for each unit. Conveniently located near schools, parks, and shopping. Live in one side and let the other help pay the mortgage!
Listing Agent
Realty Portland Brokerage Phone: 503-805-2098 License #200706245 Listed on: 08/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,915
Year Built
- Built in 1975
Lot Details
- 8,276 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- 2 Car Attached Garage
Home Design
- Stem Wall Foundation
- Composition Roof
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 1,880 Sq Ft Home
- 1-Story Property
- Territorial Views
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Schools
- Powell Valley Elementary School
- Gordon Russell Middle School
- Gresham High School
Utilities
- No Cooling
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R217278
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $25,873
- Gross Income $60,715
- Net Operating Income $34,842
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 |
|---|---|---|---|---|
| 2024 | $4,915 | $244,980 | -- | -- |
| 2023 | $4,478 | $237,850 | $0 | $0 |
| 2022 | $4,353 | $230,930 | $0 | $0 |
| 2021 | $4,244 | $224,210 | $0 | $0 |
| 2020 | $3,993 | $217,680 | $0 | $0 |
| 2019 | $3,888 | $211,340 | $0 | $0 |
| 2018 | $3,707 | $205,190 | $0 | $0 |
| 2017 | $3,557 | $199,220 | $0 | $0 |
| 2016 | $3,136 | $193,420 | $0 | $0 |
| 2015 | $3,068 | $187,790 | $0 | $0 |
| 2014 | $2,919 | $182,330 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/25/2025 09/25/25 | Price Changed | $566,500 | -0.4% | $301 / Sq Ft | |
| 08/21/2025 08/21/25 | For Sale | $569,000 | +19.5% | $303 / Sq Ft | |
| 10/27/2022 10/27/22 | Sold | $476,000 | -2.8% | $253 / Sq Ft | View Prior Sale |
| 10/01/2022 10/01/22 | Pending | -- | -- | -- | |
| 09/28/2022 09/28/22 | For Sale | $489,500 | 0.0% | $260 / Sq Ft | |
| 09/21/2022 09/21/22 | Pending | -- | -- | -- | |
| 08/28/2022 08/28/22 | For Sale | $489,500 | 0.0% | $260 / Sq Ft | |
| 08/07/2022 08/07/22 | Pending | -- | -- | -- | |
| 08/05/2022 08/05/22 | For Sale | $489,500 | -- | $260 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $476,000 | Fidelity National Title | |
| Warranty Deed | $170,000 | Oregon Title Insurance Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $357,000 | New Conventional | |
| Previous Owner | $175,100 | VA |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 456799456
APN: R217278
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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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