MLS# 24420546 – 1825 Ne Roberts Ave, Gresham, OR 97030 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Realty Portland.

Property Description

Description

3 Units

Status: Active

Year Built: 1967

Days on Website: 29

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.

Property Details and Features

Basement

Basement:

CrawlSpace

Building

Building Area Total:

2400

Built in 1967

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3

Cooling

Cooling Equipped

Cooling:

WindowUnit

Expenses

Operating Expense Scheduled:

17823

Operating Expense:

$19,037

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Baseboard

Income

CAP Rate:

3.25

Gross Income:

$41,781

Gross Rent Multiplier:

16.73

Gross Scheduled Income:

$41,781

Net Operating Income:

$22,744

Net Scheduled Income:

28681

Listing

Contract Status Change Date:

2024-10-23

Days On Market:

Last Transaction Date:

2024-10-23 13:46:29

List Price:

$699,000

Listing Contract Date:

2024-10-23

Listing Id:

24420546

Mls Status:

Active

Modification Timestamp:

2024-11-21 01:07:54

On Market Date:

2024-10-23

Rent Includes:

TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_144

County Or Parish:

Multnomah

Lot

Size Acres:

0.3

Size Range:

SqFt10000to14999

Size Square Feet:

13,068

Size:

10,000 to 14,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner,ProfitLossStatement,RentRecords

Parking

Features:

Paved

6 total parking spots

Property

Number Of Units Total:

Zoning:

MDR-24

Roof

Roof:

Shingle

Schools

High School:

Gresham

Middle Or Junior School:

Clear Creek

Elementary School:

Highland

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,723

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,307

Area:

800

Units Total:

1 total bathroom

2 total bedroom

Unit Two

Actual Rent:

$1,545

Area:

800

Units Total:

1 total bathroom

2 total bedroom

Unit Three

Actual Rent:

$1,495

Area:

800

Units Total:

1 total bathroom

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$699,000 -

1825 Ne Roberts Ave Gresham , OR 97030

MLS Area Major: _144

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 21, 2024 12:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.