$425,000
SOLD SEP 25, 2025
3 Beds
2 Baths
1,562 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$272 Per Sq Ft

1% Below List Price

112 Days on Market

Highlights

  • Baseboard Heating
  • Green Certified Home
  • Lap Siding
  • Cleveland High School Rated A-
  • Level Lot
  • 1-Story Property

About This Home

As of September 2025

Back on the market through no fault of the seller so now is your chance! Two buildings, one two bed home and a duplex with two one bedroom units in it. The house rent is WAY under market due to the seller keeping rent low for the tenant who is a friend. Decently maintained "bread and butter" units that stay rented. Make offers subject to interior inspection. Please do not disturb the tenants. No sign on the property. Interior pictures are from when the duplex was last vacant. House has not been vacant in about 37 years! This is a fixer and seller wants to sell as is and will not remove any tenants. [Home Energy Score = 4. HES Report at

Last Agent to Sell the Property

Chris Gordon

Gordon Properties Brokerage Email: chrisgordonsells@gmail.com License #990100174 Listed on: 04/15/2025

Last Buyer's Agent

Miles Peacock

Oregon First License #201234198

Oregon First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,317

Year Built

  • Built in 1953

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot
  • Flag Lot

Parking

  • 1 Car Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Shake Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,562 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Eco-Friendly Details

  • Green Certified Home

Schools

  • Whitman Elementary School
  • Lane Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R145019

Community Details

Overview

  • 3 Units
  • Brentwood / Darlington Subdivision
  • Property managed by Gordon Properties Inc.

Building Details

  • Operating Expense $6,750
  • Gross Income $29,673
  • Net Operating Income $29,673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,317

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1953
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 3
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: LapSiding,ShakeSiding,VinylSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: FlagLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OffStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Management Name: Gordon Properties Inc.
  • Management Phone: 503-253-5455

Schools

  • Elementary School: Whitman
  • High School: Cleveland
  • Middle Or Junior School: Lane

Lot Info

  • Zoning: R5
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356.0
  • Parcel #: R145019

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 5317.35

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.46
  • Annual Gross Income: 29673.0
  • Property Net Operating Income: 29673.0
  • Annual Operating Expense: 6750.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
Sep 22, 2025
Sold by
Craig Stanley Stensrud Living Trust and Stensrud Craig Stanley
Bought by
Peacock Miles
Seller's Agent
Chris Gordon
Gordon Properties
Buyer's Agent
Miles Peacock
Oregon First
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-39.77%
Original Mortgage
$340,000
Outstanding Balance
$340,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$57,895

Purchase Details

Closed on
Sep 13, 2004
Sold by
Stensrud Craig S and Stensrud Catherine M
Bought by
Craig Stanley Stensrud Living Trust

Purchase Details

Closed on
Jan 21, 1998
Sold by
Woodhouse John D
Bought by
Stensrud Craig S and Stensrud Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
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 $425,000 Ticor Title
Interfamily Deed Transfer -- --
Warranty Deed $100,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Sold $425,000 -0.9% $272 / Sq Ft
08/05/2025 08/05/25 Pending -- -- --
05/12/2025 05/12/25 For Sale $429,000 0.0% $275 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $429,000 0.0% $275 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $429,000 -- $275 / 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
2025 $5,516 $204,700 -- --
2024 $5,317 $198,740 -- --
2023 $5,317 $192,960 $0 $0
2022 $5,002 $187,340 $0 $0
2021 $4,918 $181,890 $0 $0
2020 $4,512 $176,600 $0 $0
2019 $4,346 $171,460 $0 $0
2018 $4,218 $166,470 $0 $0
2017 $4,043 $161,630 $0 $0
2016 $3,700 $156,930 $0 $0
2015 $3,202 $152,360 $0 $0
2014 $3,081 $147,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 159582964

Regional Multiple Listing Service (RMLS)

APN: R145019