NOT LISTED FOR SALE

830 NW Division St Unit 840 Gresham, OR 97030

Northwest Gresham Neighborhood

Estimated Value: $454,576 - $531,000

4 Beds
2 Baths
1,704 Sq Ft
$281/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2024

Last sale price $550,000 $323 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $3,023 / mo

11 Days on Market

Highlights

  • Mini Split Air Conditioners
  • Storage
  • Level Lot
  • Security System Owned
  • High Speed Internet
  • Mini Split Heat Pump

About This Home

As of December 2024

Attention 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

Amy Cerruti

Real Broker Brokerage Phone: License #201209300 Listed on: 11/14/2024

Real Broker

Last Buyer's Agent

Patrick Sheehan

eXp Realty, LLC License #200506399

eXp Realty, LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,560

Year Built

Built in 1965 | Remodeled

Lot Details

6,969 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 550000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Concrete, Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: None
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: SecuritySystemOwned
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: TLDR
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: R293305

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: CableTV, Electricity, MaintenanceGrounds, Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.9
  • Annual Gross Income: 50000.0
  • Property Net Operating Income: 43838.0
  • Annual Operating Expense: 6310.0

Tax Info

  • Tax Annual Amount: 4559.55

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Dec 20, 2024
Sold by
Bought by
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
$478,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,606
Avg. Annual Appreciation
-8.35%
Original Mortgage
$540,038
Outstanding Balance
$530,395
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
-$52,001

Purchase Details

Closed on
Dec 10, 2016
Sold by
Bought by

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
Bought by

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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 First American Title
-- Wfg Title
$213,500 Lawyers Title Ins
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $540,038
Previous Owner $375,500
Previous Owner $192,500
Previous Owner $192,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2015 $2,847 $174,210 $0 $0
2014 $2,688 $168,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Cerruti

    Seller's Agent in 2024

    Amy Cerruti

    Real Broker

    (503) 698-6600

    2 in this area

    72 Total Sales

    Amy Cerruti
    Section Image
  • Patrick Sheehan

    Buyer's Agent in 2024

    Patrick Sheehan

    eXp Realty, LLC

    (503) 734-0337

    1 in this area

    40 Total Sales

    Patrick Sheehan
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24124456

Regional Multiple Listing Service (RMLS)

APN: R293305

Oregon Multnomah County Gresham 97030 Northwest Gresham

830 NW Division St Unit 840, Gresham, OR

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.

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 © 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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