NOT LISTED FOR SALE

678 SE Hogan Rd Gresham, OR 97080

Mount Hood Neighborhood
-- Bed
-- Bath
22,775 Sq Ft
0.85 Acres

Last Sold December 17, 2024

Last sale price $3,450,000 $151 Per Sq Ft

117 Days on Market

Highlights

  • 0.85 Acre Lot
  • Wood Siding
  • Heating System Mounted To A Wall or Window

About This Home

As of December 2024

Price improved by $250K! 3-story apartment complex features 22 apartment units, 36 parking spots (14 surface & 22 carports), a single-family home built in 1935 and a picnic area with table and play structure. Rent includes utilities of water & sewer with garbage & recycling area. NO HOA.

Last Agent to Sell the Property

Bradley King

Keller Williams Realty Portland Premiere License #201235429 Listed on: 07/03/2024

Keller Williams Realty Portland Premiere

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,659

Year Built

  • Built in 2004

Lot Details

  • 0.85 Acre Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 22,775 Sq Ft Home
  • 3-Story Property

Parking

  • 36 Parking Spaces
  • Paved Parking

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R339494

Community Details

Overview

  • 22 Units

Building Details

  • Operating Expense $210,805
  • Gross Income $288,980
  • Net Operating Income $78,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,659

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 3
  • Year Built: 2004
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Total Parking Spaces: 36.0

Utilities

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

Schools

  • Middle Or Junior School: Other

Lot Info

  • Zoning: MDR-24
  • Lot Size Acres: 0.85
  • Lot Size Sq Ft: 37026.0
  • Parcel #: R339494

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 29658.91

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 22
  • Gross Rent Multiplier: 12.46
  • Annual Gross Income: 288980.0
  • Property Net Operating Income: 78175.0
  • Annual Operating Expense: 210805.0

Range of Values:

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Sold Price
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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
12/17/2024 12/17/24 Sold $3,450,000 -4.2% $151 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/15/2024 10/15/24 Price Changed $3,600,000 -10.0% $158 / Sq Ft
07/25/2024 07/25/24 Price Changed $3,999,000 -5.9% $176 / Sq Ft
07/03/2024 07/03/24 For Sale $4,250,000 -- $187 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bradley King

    Seller's Agent in 2024

    Bradley King

    Keller Williams Realty Portland Premiere

    (503) 313-8262

    1 in this area

    58 Total Sales

    Bradley King
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24451379

Regional Multiple Listing Service (RMLS)

APN: 1S3E11CC 01600

Oregon Multnomah County Gresham 97080 Mount Hood

678 SE Hogan Rd, Gresham, OR

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