Bought with Redfin
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Key Details
Sold Price $815,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $212
MLS Listing ID 336267263
Sold Date 09/08/26
HOA Y/N No
Year Built 2003
Annual Tax Amount $9,612
Tax Year 2025
Lot Size 0.330 Acres
Property Description
Fully leased 4-unit multifamily asset delivering immediate cash flow with strong retention. Each of the four units offers 2 bedrooms, 1.5 bathrooms, and 960 square feet with a thoughtful, open-concept layout featuring spacious living and dining areas, well-equipped kitchens, in-unit washer and dryer, and desirable private outdoor spaces (decks for upper units, patios for lower units) enhancing rental appeal and stability.Low-maintenance investment with newer roof (~1 year) and consistent upkeep. Located near Historic Downtown Gresham, Gresham Station, parks, and MAX Blue Line, supporting long-term rental demand. Walk Score 75, Bike 79, Transit 56. Ideal for investors seeking stable income with upside potential. For Google Maps directions use address: 1568 NE Cleveland Ave, Gresham, OR 97030
Location
State OR
County Multnomah
Community Alllandscaping
Area _144
Zoning MDR-24
Rooms
Basement None
Interior
Heating Wall Heater
Exterior
Community Features AllLandscaping
View Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Flag Lot, Level, Private
Story 2
Foundation Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Highland
Middle Schools Clear Creek
High Schools Gresham
Others
Acceptable Financing CallListingAgent, Cash, Conventional
Listing Terms CallListingAgent, Cash, Conventional
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