645 W Powell Blvd Gresham, OR 97030
Northwest Gresham NeighborhoodEstimated payment $3,847/month
Highlights
- No HOA
- Landscaped
- Level Lot
- Property is near a bus stop
- 90% Forced Air Heating System
About This Home
INVESTMENT OPPORTUNITY! Charming, well-cared for triplex in great Gresham location! Hardwood floors (quality vinyl in bathrooms & kitchens), new paint in 2 units, plenty of built-in cabinets, 2 bathrooms recently remodeled. Large, unfinished basement with common storage & laundry hookups for each of the units. Fenced back yard with storage shed for landscaping equipment. 2 parking spaces (1 covered) for each unit. On the busline and within 10 blocks to TriMet Max line, shopping, dining, parks, walking paths. Wonderful tenants!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,639
Year Built
- Built in 1954 | Remodeled
Lot Details
- 0.28 Acre Lot
- Landscaped
- Level Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Shingle Siding
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 3,625 Sq Ft Home
- 2-Story Property
- Security Lights
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Basement
- Crawl Space
- Basement Storage
Parking
- 6 Parking Spaces
- Carport
- Driveway
Location
- Property is near a bus stop
Schools
- East Gresham Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- No Cooling
- 90% Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number R192509
Community Details
Overview
- No Home Owners Association
- 3 Units
- Nw Gresham Subdivision
Building Details
- Operating Expense $17,720
- Gross Income $45,900
- Net Operating Income $27,280
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 | $6,639 | $326,270 | -- | -- |
| 2024 | $6,356 | $316,770 | -- | -- |
| 2023 | $5,790 | $307,550 | $0 | $0 |
| 2022 | $5,629 | $298,600 | $0 | $0 |
| 2021 | $5,487 | $289,910 | $0 | $0 |
| 2020 | $5,163 | $281,470 | $0 | $0 |
| 2019 | $5,028 | $273,280 | $0 | $0 |
| 2018 | $4,794 | $265,330 | $0 | $0 |
| 2017 | $4,600 | $257,610 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2025 11/01/25 | For Sale | $625,000 | +6.8% | $172 / Sq Ft | |
| 07/30/2021 07/30/21 | Sold | $585,000 | +6.4% | $262 / Sq Ft | View Prior Sale |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- | |
| 05/21/2021 05/21/21 | For Sale | $550,000 | -- | $246 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $585,000 | First American Title | |
| Warranty Deed | $226,500 | First American | |
| Warranty Deed | $217,500 | Pacific Nw Title | |
| Bargain Sale Deed | -- | Ticor Title | |
| Warranty Deed | $200,000 | Ticor Title | |
| Warranty Deed | $181,800 | Ticor Title | |
| Contract Of Sale | $151,948 | First American Title Ins Co | |
| Individual Deed | -- | First American Title Ins Co | |
| Individual Deed | -- | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $438,750 | New Conventional | |
| Previous Owner | $123,450 | Commercial | |
| Previous Owner | $174,000 | Purchase Money Mortgage | |
| Previous Owner | $167,400 | Commercial | |
| Closed | $60,000 | No Value Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 335936186
APN: R192509
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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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