$656,886
SOLD AUG 29, 2025

607 NE 3rd St Unit 611 Gresham, OR 97030

Downtown Gresham Neighborhood
6 Beds
3 Baths
3,072 Sq Ft
10,018 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

1% Above List Price

38 Days on Market

Highlights

  • Storage
  • Wood Siding
  • 1-minute walk to Gresham Splash Pad Park
  • Level Lot
  • Heating System Uses Gas

About This Home

As of August 2025

Amazing Triplex Opportunity – Ideal for Owner-Occupant or Investor! Don’t miss this rare chance to own a well-maintained triplex offering investment potential or a comfortable personal living space! Each unit is identical, featuring two bedrooms and one bathroom. Fall in love with the thoughtful floorplan featuring spacious living and dining rooms, updated kitchens and a cozy fireplace to relax next to after a long day. The two lower units each have a private fenced yard and the upper unit has a private deck. Each unit also has a dedicated storage shed for personal belongings. Ideally located near Oldtown Gresham, Gresham Station Shopping, parks, walking distance to the MAX blue line, and popular restaurants this is one you won’t want to miss! Schedule a showing today!

Last Agent to Sell the Property

Tamiko Warren

Real Broker Brokerage Email: tamiko@tkrealestategroup.com License #200210172 Listed on: 06/12/2025

Real Broker

Co-Listed By

Charles Getzendaner

Real Broker Brokerage Email: tamiko@tkrealestategroup.com License #201241416

Last Buyer's Agent

Adine Peterson

Premiere Property Group, LLC License #201209477

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,307

Year Built

  • Built in 1979

Lot Details

  • 10,018 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Storage
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Schools

  • East Gresham Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

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

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R314043

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $14,633
  • Gross Income $43,510
  • Net Operating Income $28,877

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,307

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Total Bedrooms: 6
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: East Gresham
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: LDR
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: R314043

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7307.27
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.94
  • Annual Gross Income: 43510.0
  • Property Net Operating Income: 28877.0
  • Annual Operating Expense: 14633.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2025
Closed on
Aug 15, 2025
Sold by
Bonnie J Fry Revocable Living Trust and Hagman Danny Jay
Bought by
Lindemann Blake S
Seller's Agent
Tamiko Warren
Real Broker
Buyer's Agent
Adine Peterson
Premiere Property Group, LLC
List Price
$650,000
Sold Price
$656,886
Premium/Discount to List
$6,886
1.06%
Views
64
Current Estimated Value
$773,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,114
Avg. Annual Appreciation
3581.45%
Original Mortgage
$663,975
Outstanding Balance
$663,975
Interest Rate
6.75%
Mortgage Type
VA
Estimated Equity
$122,692

Purchase Details

Closed on
Nov 5, 1999
Sold by
Fry Bonnie J
Bought by
Fry Bonnie J and Bonnie J Fry Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $656,886 Fidelity National Title
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $663,975 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $656,886 +1.1% $214 / Sq Ft
07/20/2025 07/20/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $650,000 -- $212 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,307 $364,200 -- --
2023 $7,307 $353,600 $0 $0
2022 $6,471 $343,310 $0 $0
2021 $6,309 $333,320 $0 $0
2020 $5,936 $323,620 $0 $0
2019 $5,780 $314,200 $0 $0
2018 $5,512 $305,050 $0 $0
2017 $5,288 $296,170 $0 $0
2016 $4,662 $287,550 $0 $0
2015 $4,562 $279,180 $0 $0
2014 $4,451 $271,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamiko Warren

    Seller's Agent in 2025

    Tamiko Warren

    Real Broker

    (503) 515-9293

    1 in this area

    133 Total Sales

    Tamiko Warren
    Section Image
  • Charles Getzendaner

    Seller Co-Listing Agent in 2025

    Charles Getzendaner

    Real Broker

    (503) 724-1920

    1 in this area

    18 Total Sales

    Charles Getzendaner
    Section Image

  • A

    Buyer's Agent in 2025

    Adine Peterson

    Premiere Property Group, LLC

    (503) 670-9000

    5 in this area

    63 Total Sales

    Adine Peterson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 497288799

Regional Multiple Listing Service (RMLS)

APN: R314043

Oregon Multnomah County Gresham 97030 Downtown Gresham

607 NE 3rd St Unit 611, Gresham, OR

This home is located at 607 NE 3rd St Unit 611, Gresham, OR 97030 and is currently priced at $656,886, approximately $213 per square foot. This property was built in 1979. 607 NE 3rd St Unit 611 is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

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