Gresham OR Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.18 Acres
Year built:
1978
Baths:
MLS#:
24396775

ADDITIONAL INFORMATION

Nestled in a quiet Gresham cul-de-sac, this triplex presents an exceptional opportunity for both investors and owner-occupants. Each unit offers a private entrance, outdoor space, and individual washer & dryer hookups, providing convenient, self-contained living. Two of the three units have been updated, and all units include all kitchen appliances. With designated parking for each unit, residents will appreciate both comfort and convenience. Whether you're looking to expand your portfolio or live in one unit while renting out the others, this versatile property offers flexibility and tremendous potential for income generation!

Type:
Multi-Family
Sq.Ft.:
3,760
Status:
Active
Beds:
n/a
Year built:
1988
Baths:
MLS#:
24147134

ADDITIONAL INFORMATION

Heavy Industrial zoned opportunity on a large 0.51-acre fully fenced and paved lot with three structures: a grandfathered residential house/duplex and office, a 5-bay mechanic garage, and an additional garage. The current tenant is Magic City Garage, specializing in performance tuning and mechanical repairs with a lease in place with 15 months remaining. Strong local synergy with other repair shops enhances lease stability and ensures optimal use of the space. The lease outlines minimal landlord responsibility.

Type:
Multi-Family
Sq.Ft.:
2,460
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
2001
Baths:
MLS#:
24463018
Subdivision:
Kelly Creek

ADDITIONAL INFORMATION

A SOLID Investment property! Cap rate of 5.57% with a very low vacancy rate of 1%. This desirable property is a townhome style duplex with a great functional floorplan. A smart addition to your investment portfolio. The seller is the original owner. It has been well cared for inside and out. Each unit has 3 good size bedrooms, 2.5 baths, wall to wall carpet, newer roof 10/2018, newer LVP floors (4038)-2022 & vinyl floors in 2018 (4048) for easy care and maintenance. The open floor plan is ideal. Kitchens include a double sink, breakfast bar and all appliances for both units. The slider just of the dining area, gives easy access to a private patio & fenced backyard perfect. Six New LED front security lights provide ample light at night. The vinyl siding makes your maintenance and upkeep a breeze. On a bus line and less than a mile for shopping, dining & parks makes this a perfect location. Easy access to I84. Photos of unit 4048 were taken prior to the tenant move in and 4038 were taken in June of 2024.

Type:
Multi-Family
Sq.Ft.:
2,400
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1967
Baths:
MLS#:
24420546

ADDITIONAL INFORMATION

Unicorn in the heart of Gresham! Rare triplex with 3, 2-bedroom, 1-bathroom units (800 sq ft each) conveniently located near shopping, dining, and public transit. This well-maintained property features a recently remodeled units, complete with luxury vinyl plank flooring. All units are fully leased as of October 2024. Income and expenses are estimated for 2024. Please do not disturb tenants. This well-maintained property offers a unique investment opportunity or a perfect living arrangement for multi-generational families.

Type:
Multi-Family
Sq.Ft.:
4,428
Status:
Active
Beds:
n/a
Lot size:
0.67 Acres
Year built:
1938
Baths:
MLS#:
24184105

ADDITIONAL INFORMATION

GET 2 HOMES PLUS A SHOP that includes a studio apartment with this unique investment opportunity. Nestled on .67 acres, this versatile property offers two homes and a large shop, making it an incredible rental property or multigenerational living opportunity. The main house offers 1200 square feet plus additional unfinished basement. It features 2 beds, 1 bath and a bonus room upstairs. The spacious, fully fenced backyard offers ample space for outdoor enjoyment. The second home on the property is approximately 640 square feet. It includes 1 bed and 1 bathroom, providing a separate living space. The concrete patio in the back is ideal for relaxing and the storage shed adds extra convenience. Adding to the property's value is a substantial approx 1728 square foot shop with two bays, overhead storage, a bathroom plus an additional studio apartment upstairs. Seize this opportunity to invest in a rural gem with endless possibilities.

Type:
Multi-Family
Sq.Ft.:
1,680
Status:
Active
Beds:
n/a
Year built:
1948
Baths:
MLS#:
24648254
Subdivision:
Rockwood

ADDITIONAL INFORMATION

Nestled in the heart of Rockwood, this inviting duplex presents a blend of comfort, potential, and opportunity. With one unit currently tenanted at below-market value, there is ample room for growth in rental income, offering a promising avenue for investment returns. The other unit is newly leased at market value. Each unit showcases a thoughtful layout that maximizes living space, promoting a warm, welcoming atmosphere. Long term, reliable tenants ensure a smooth transition for new owners, with features including a private fenced backyard for leisure and relaxation, off-street parking for convenience, and in-unit washer and dryer hookups enhancing the functionality of each residence. Embrace the charm and investment potential of Rockwood with this duplex, where opportunity meets a vibrant community lifestyle. ***This property is eligible for a free 1% interest rate buydown when using our preferred lender. Please inquire.

Type:
Multi-Family
Sq.Ft.:
1,820
Status:
Active
Beds:
n/a
Lot size:
0.27 Acres
Year built:
1979
Baths:
MLS#:
24477001

ADDITIONAL INFORMATION

Calling all investors!! Here's an exceptional chance to expand your portfolio. This single-level duplex features one side with 3 bedrooms and 1.1 baths, while the other side offers 2 bedrooms and 1 bath. Both units boast spacious yards and attached garages. New roof in 2022. Conveniently positioned within a cul-de-sac and close to a bus route for enhanced convenience. Please do not disturb tenants. Offers subject to interior inspection.

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


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 sourced from RMLS™ of Portland Oregon are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright 2024, RMLS of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.



Gresham Real Estate

The median home value in Gresham, OR is $509,900. This is higher than the county median home value of $478,700. The national median home value is $338,100. The average price of homes sold in Gresham, OR is $509,900. Approximately 53.31% of Gresham homes are owned, compared to 42.12% rented, while 4.57% are vacant. Gresham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gresham real estate agent to arrange a tour today!

Gresham, Oregon has a population of 114,164. Gresham is less family-centric than the surrounding county with 30.93% of the households containing married families with children. The county average for households married with children is 31.66%.

The median household income in Gresham, Oregon is $61,826. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Gresham is 36.8 years.

Gresham Weather

The average high temperature in July is 80.4 degrees, with an average low temperature in January of 33.8 degrees. The average rainfall is approximately 56.1 inches per year, with 3.3 inches of snow per year.

Gresham Real Estate Market Conditions

  • Median sales price

    $509,900
    11% change since last quarter
  • # Active listings

    185
    30-day change

Gresham Schools and Demographics

Education near Gresham, OR

Metric City County
High School Graduates 87.67 92.37
College Degree - 2 year 10.23 7.48
College Degree - 4 year 23.33 47.23
Graduate Degree 6.09 12.62
Expenditures per Student 19,574 19,574
Students per Teacher 17.3 17.3

Elementary Schools near Gresham, OR

School Grades Students P/T Ratio ZIP
Alder Elementary School KG - 05 547 18.2 97233
Butler Creek Elementary School KG - 06 543 21.7 97080
East Gresham Elementary School KG - 05 440 20.5 97080
East Orient Elementary School KG - 05 401 24.4 97080
Fairview Elementary School KG - 05 386 18.1 97024
Gresham Arthur Academy KG - 05 172 24.6 97030
Hall Elementary School KG - 05 508 23.5 97030
Highland Elementary School KG - 05 497 22.3 97030
Hogan Cedars Elementary School KG - 05 573 24.1 97080
Hollydale Elementary School KG - 05 429 25.3 97080
Kelly Creek Elementary School KG - 05 561 23.4 97080
Knova Reynolds Public Charter School KG - 08 407 14.5 97233
Lincoln Park Elementary School KG - 05 653 24.8 97233
Lynch View Elementary School KG - 06 450 18.8 97233
Multisensory Learning Academy KG - 06 321 21.4 97024
North Gresham Elementary School KG - 05 552 23.2 97030
Oliver Elementary School KG - 06 400 19.9 97233
Parklane Elementary School KG - 06 420 17.4 97233
Pleasant Valley Elementary School KG - 06 424 22.5 97080
Powell Valley Elementary School KG - 05 475 23.4 97080
Reynolds Arthur Academy KG - 06 197 19.7 97060
Salish Ponds Elementary School KG - 05 472 17.2 97024
Sweetbriar Elementary School KG - 05 388 19.1 97060
Troutdale Elementary School KG - 05 395 18.1 97060
West Gresham Elementary School KG - 05 287 21.3 97080
Woodland Elementary School KG - 05 534 18.4 97024

Middle Schools near Gresham, OR

School Grades Students P/T Ratio ZIP
Clear Creek Middle School 06 - 08 637 20.6 97030
Dexter McCarty Middle School 06 - 08 591 21.4 97080
Gordon Russell Middle School 06 - 08 770 22.3 97080
Reynolds Middle School 06 - 08 977 21.3 97024
WALT Morey Middle School 06 - 08 635 20.4 97060
West Orient Middle School 06 - 08 434 23.9 97080

High Schools near Gresham, OR

School Grades Students P/T Ratio ZIP
Centennial High School 09 - 12 1,786 24.8 97030
Center for Advanced Learning 11 - 12 0 0.2 97030
David Douglas High School 09 - 12 3,227 22.8 97233
Gresham High School 09 - 12 1,683 26.4 97030
Reynolds High School 09 - 12 2,741 26.7 97060
Sam Barlow High School 09 - 12 1,720 28.6 97080
Springwater Trail High School 09 - 12 163 17.1 97080

Ungraded Schools near Gresham, OR

School Grades Students P/T Ratio ZIP
* Alpha High School 07 - 12 73 24.3 97030
* Centenial Park School 07 - 12 138 11.7 97233
* Reynolds Learning Academy 07 - 12 257 11.9 97024
Arata Creek School 01 - 12 36 7.7 97060
Metro East Web Academy 06 - 12 414 37.5 97030

Demographics near Gresham, OR

Metric City County
Neighborhood Type Suburban
Population 114,164 810,011
Population Density 4,889 1,879
Median Age 36.8 37.8
People per Household 2.7 2.3
Median Household Income 61,826 76,290
Average Income per Capita 29,569 44,675