This delightful duplex boasts many recent upgrades, including a new roof, fresh interior paint, exterior concrete work, and stylish new laminate flooring. Conveniently located in close proximity to supermarkets, shops, and restaurants, it offers both comfort and accessibility with plenty of parking space. With a peekaboo view of Mt. Hood from the second story, the home reflects the care and love its owners have put into maintaining it in excellent condition. Ideal for investors, this property is currently tenant-free with no lease agreements in place.
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!
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.
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.
The median home value in Gresham, OR is $423,700. This is lower 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 $423,700. 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 97080 has a population of 114,164. Gresham 97080 is less family-centric than the surrounding county with 31.32% 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 97080 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 97080 is 36.8 years.
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.