933 SE Rene Ave Unit 935 Gresham, OR 97080
Mount Hood NeighborhoodEstimated payment $3,149/month
Highlights
- Baseboard Heating
- Level Lot
- 1-Story Property
- 2 Car Garage
About This Home
Two-unit investment property offering immediate rental income and below-market rent upside. Each unit features 2 bedrooms, 1 bath, washer-dryer hookups, private backyard, and attached garage - amenities that command strong tenant retention in this high-demand Gresham rental corridor. Both units occupied; current combined rent $3,025/month with room to grow to market. Located near schools, parks, transit, and shopping. Sale subject to interior inspection upon accepted offer. Please do not disturb tenants, drive-by only. Exterior photos current; interior photos are from prior to current tenancy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,838
Year Built
- Built in 1978
Lot Details
- 8,276 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Off-Street Parking
Home Design
- Composition Roof
- Plywood Siding Panel T1-11
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,786 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Schools
- Hogan Cedars Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R253608
Community Details
Overview
- 2 Units
- Hogan Cedars Subdivision
Building Details
- Operating Expense $10,286
- Gross Income $36,867
- Net Operating Income $26,581
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,987 | $245,090 | -- | -- |
| 2024 | $4,774 | $237,960 | -- | -- |
| 2023 | $4,350 | $231,030 | $0 | $0 |
| 2022 | $4,228 | $224,310 | $0 | $0 |
| 2021 | $4,122 | $217,780 | $0 | $0 |
| 2020 | $3,878 | $211,440 | $0 | $0 |
| 2019 | $3,777 | $205,290 | $0 | $0 |
| 2018 | $3,601 | $199,320 | $0 | $0 |
| 2017 | $3,455 | $193,520 | $0 | $0 |
| 2016 | $3,046 | $187,890 | $0 | $0 |
| 2015 | $2,981 | $182,420 | $0 | $0 |
| 2014 | $2,898 | $177,110 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/19/2026 05/19/26 | For Sale | $515,000 | +47.6% | $288 / Sq Ft | |
| 08/22/2018 08/22/18 | Sold | $349,000 | +1.2% | $195 / Sq Ft | View Prior Sale |
| 07/20/2018 07/20/18 | Pending | -- | -- | -- | |
| 07/14/2018 07/14/18 | For Sale | $345,000 | -- | $193 / 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 | $349,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Nextitle | |
| Warranty Deed | $214,500 | Fidelity Natl Title Co Of Or |
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 | $249,000 | New Conventional | |
| Previous Owner | $192,219 | FHA | |
| Previous Owner | $211,706 | FHA |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 476797140
APN: R253608
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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.