850 W Powell Blvd Unit 860 Gresham, OR 97030
Hollybrook NeighborhoodEstimated payment $2,912/month
Highlights
- Private Lot
- Baseboard Heating
- 1-Story Property
- No HOA
About This Home
Outstanding Investment Opportunity in Gresham! This updated duplex offers immediate cash flow with both units occupied by long-term tenants. A true turnkey investment, this property combines updates with reliable rental income, making it an excellent addition to any portfolio. Ideally situated near shopping, dining, parks, schools, and public transportation. Whether you’re a seasoned investor or just beginning to build your portfolio, this duplex presents an exceptional opportunity for steady income and long-term appreciation. Please do not disturb tenants. Interior inspections are subject to accepted offer.
Listing Agent
MORE Realty Brokerage Phone: 503-593-0634 License #201250681 Listed on: 07/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,971
Year Built
- Built in 1973 | Remodeled
Lot Details
- 8,712 Sq Ft Lot
- Private Lot
- Level Lot
Home Design
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
- Wood Composite
Interior Spaces
- 1,768 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Driveway
- Paved Parking
Schools
- East Gresham Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R142378
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $9,000
- Gross Income $36,000
- Net Operating Income $27,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,971 | $244,300 | ||
| 2024 | $4,759 | $237,190 | ||
| 2023 | $4,336 | $230,290 | $0 | $0 |
| 2022 | $4,215 | $223,590 | $0 | $0 |
| 2021 | $4,109 | $217,080 | $0 | $0 |
| 2020 | $3,866 | $210,760 | $0 | $0 |
| 2019 | $3,765 | $204,630 | $0 | $0 |
| 2018 | $3,590 | $198,670 | $0 | $0 |
| 2017 | $3,444 | $192,890 | $0 | $0 |
| 2016 | $3,037 | $187,280 | $0 | $0 |
| 2015 | $2,942 | $181,830 | $0 | $0 |
| 2014 | $2,835 | $176,540 | $0 | $0 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2026 07/10/26 | For Sale | $455,000 | +122.4% | $257 / Sq Ft | |
| 02/19/2016 02/19/16 | Sold | $204,621 | -4.8% | $116 / Sq Ft | View Prior Sale |
| 12/18/2015 12/18/15 | Pending | -- | -- | -- | |
| 10/19/2015 10/19/15 | For Sale | $214,900 | -- | $122 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Ticor Title | |
| Warranty Deed | $204,620 | Fidelity Natl Title Co Of Or | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $200,000 | Pacific Nw Title | |
| Warranty Deed | $141,000 | Transnation Title Insurance |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $343,660 | FHA | |
| Previous Owner | $153,450 | New Conventional | |
| Previous Owner | $160,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $146,640 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 561157768
APN: R142378
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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Ask me questions while you tour the home.