Seller's Agent in 2024
Amy Cerruti
Real Broker
(503) 698-6600
2 in this area
67 Total Sales
830 NW Division St Unit 840 Gresham, OR 97030
Northwest Gresham NeighborhoodEstimated Value: $464,000 - $559,060
4
Beds
2
Baths
1,704
Sq Ft
$309/Sq Ft
Est. Value
Highlights
- Mini Split Air Conditioners
- Storage
- Level Lot
- Security System Owned
- High Speed Internet
- Mini Split Heat Pump
About This Home
As of December 2024Attention savvy investors! If you’re on the hunt for a fully furnished, ready-to-go Airbnb that promises immediate positive cash flow, look no further! Proudly present not one, but two exceptional properties that are primed for success. This charming duplex is ideally situated just steps from Gresham Station and a short stroll to the vibrant downtown Gresham, combining convenience with undeniable charm. Each unit has been meticulously maintained, reflecting a commitment to quality and comfort that is sure to impress your guests. With an array of recent modern updates throughout, the property offers a stylish and functional experience for all who stay.The thoughtfully designed layouts promote privacy and comfort, making each unit feel like a true home away from home. Guests can also enjoy their own private outdoor spaces, complete with patios and yards, perfect for relaxation in an inviting outdoor setting. To enhance overall convenience, a covered carport provides designated parking and additional storage.With its unbeatable location and impressive amenities, this duplex embodies the essence of a turn-key investment. Discover the potential for lucrative returns while offering guests a delightful stay in this charming community. Don’t let this incredible opportunity pass you by! Ready to take the first step toward a profitable investment, here it is!
Last Agent to Sell the Property
Real Broker Brokerage Phone: License #201209300 Listed on: 11/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,560
Year Built
- Built in 1965 | Remodeled
Lot Details
- 6,969 Sq Ft Lot
- Level Lot
Home Design
- Composition Roof
Interior Spaces
- 1,704 Sq Ft Home
- 1-Story Property
- Storage
- Crawl Space
- Security System Owned
Parking
- 2 Parking Spaces
- Carport
- Assigned Parking
Schools
- East Gresham Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Rent includes cable TV, electricity, ground maintenance, sewer, trashcollection, water
- Assessor Parcel Number R293305
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $6,310
- Gross Income $50,000
- Net Operating Income $43,838
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 14, 2024
Closed on
Dec 20, 2024
Sold by
Kipers Timothy E and Kipers Patricia A
Bought by
Wand Adam and Wand Christopher
Seller's Agent
Amy Cerruti
Real Broker
Buyer's Agent
Patrick Sheehan
eXp Realty, LLC
List Price
$545,000
Sold Price
$550,000
Premium/Discount to List
$5,000
0.92%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,735
Avg. Annual Appreciation
-3.73%
Original Mortgage
$540,038
Outstanding Balance
$535,296
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
-$8,031
Purchase Details
Closed on
Dec 10, 2016
Sold by
Kipers Timothy E
Bought by
Kipers Timothy E and Kipers Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 23, 2007
Sold by
830 Division Llc
Bought by
Kipers Timothy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,150
Interest Rate
1.4%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 3, 2004
Sold by
Empey Gary W
Bought by
830 Division Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wand Adam | $550,000 | First American Title | |
| Kipers Timothy E | -- | Wfg Title | |
| Kipers Timothy E | $213,500 | Lawyers Title Ins | |
| 830 Division Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wand Adam | $540,038 | |
| Previous Owner | Kipers Timothy E | $192,500 | |
| Previous Owner | Kipers Timothy E | $192,150 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $550,000 | +0.9% | $323 / Sq Ft |
| 11/25/2024 11/25/24 | Pending | -- | -- | -- |
| 11/14/2024 11/14/24 | For Sale | $545,000 | -- | $320 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
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 | $4,763 | $234,060 | -- | -- |
| 2024 | $4,560 | $227,250 | -- | -- |
| 2023 | $4,154 | $220,640 | $0 | $0 |
| 2022 | $4,038 | $214,220 | $0 | $0 |
| 2021 | $3,937 | $207,990 | $0 | $0 |
| 2020 | $3,704 | $201,940 | $0 | $0 |
| 2019 | $3,607 | $196,060 | $0 | $0 |
| 2018 | $3,439 | $190,350 | $0 | $0 |
| 2017 | $3,300 | $184,810 | $0 | $0 |
| 2016 | $2,909 | $179,430 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Cerruti
-
Patrick Sheehan
Buyer's Agent in 2024
Patrick Sheehan
eXp Realty, LLC
(503) 734-0337
1 in this area
46 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24124456
APN: R293305
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 © 2026 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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