$980,000

54 NW 13th St Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated payment $5,863/month

Total Views 1,671
8 Beds
4 Baths
5,304 Sq Ft
$185 Price per Sq Ft

Highlights

  • 0.31 Acre Lot
  • 5-minute walk to Gresham City Hall
  • Laundry Facilities
  • Territorial View
  • No HOA
  • Level Lot

About This Home

Discover this wonderful single-story 6-plex featuring 2-bedroom, 1-bath units in a prime location in Gresham, Oregon. Perfectly situated close to schools, public transportation, and shopping, this property offers convenience and long-term appeal for tenants. The building boasts a newer roof (2021), a fenced property with a designated parking lot, and private back patios for each unit. A dedicated owner/manager office is located on-site for ease of management. Additional income is generated from coin-operated laundry machines, and the property benefits from a history of low vacancy rates and long-term tenants. Current rents are slightly below market rate, providing excellent upside potential for future income growth. With its desirable location, consistent rental history, and value-added features, this 6-plex is a rare investment opportunity in one of Gresham's most sought-after neighborhoods. Investors—act fast! Opportunities like this dont last long. Make your move before it's gone!

Listing Agent

Kelvin Chao

Kelly Right Real Estate of Portland, LLC License #201258480 Listed on: 09/26/2025

Kelly Right Real Estate of Portland, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,491

Year Built

  • Built in 1965

Lot Details

  • 0.31 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,304 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • On-Street Parking

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number R286259

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $26,175
  • Gross Income $87,375
  • Net Operating Income $61,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,491

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1965
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 8
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Brick,Other
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

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

Lot Info

  • Zoning: DRL-1
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.0
  • Parcel #: R286259

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 8491.03
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 11.22
  • Annual Gross Income: 87375.0
  • Property Net Operating Income: 61200.0
  • Annual Operating Expense: 26175.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 For Sale $980,000 -- $185 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 740745747

Regional Multiple Listing Service (RMLS)

APN: 1S3E03CC 04100

Oregon Multnomah County Gresham 97030 Downtown Gresham

54 NW 13th St, 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 © 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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Kelvin Chao
Listing Agent
Kelvin Chao
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Kelly Right Real Estate of Portland, LLC
(503) 470-7488