MLS# 24451379 – 678 Se Hogan Rd, Gresham, OR 97080 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Keller Williams Realty Portland Premiere.

Property Description

Description

22 Units

Status: Active

Year Built: 2004

Days on Website: 66

Price improved by $250K! 3-story apartment complex features 22 apartment units, 36 parking spots (14 surface & 22 carports), a single-family home built in 1935 and a picnic area with table and play structure. Rent includes utilities of water & sewer with garbage & recycling area. NO HOA.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

None

Building

Building Area Total:

22775

Built in 2004

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2,UnitTypeType3,UnitTypeType4,UnitTypeType5

Cooling

Cooling:

None

Expenses

Operating Expense:

$210,805

Exterior Features

Exterior Description:

WoodSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating:

WallHeater

Income

CAP Rate:

1.95

Gross Income:

$288,980

Gross Rent Multiplier:

13.84

Net Operating Income:

$78,175

Listing

Contract Status Change Date:

2024-07-03

Days On Market:

Last Transaction Date:

2024-07-25 11:57:26

List Price:

$3,999,000

Listing Contract Date:

2024-07-03

Listing Id:

24451379

Mls Status:

Active

Modification Timestamp:

2024-08-06 16:00:00

On Market Date:

2024-07-03

Previous List Price:

$4,250,000

Rent Includes:

Sewer,TrashCollection,Water

Standard Status:

Active

Location

MLS Area Major:

_143

County Or Parish:

Multnomah

Lot

Size Acres:

0.85

Size Range:

SqFt20000toAcres1

Size Square Feet:

37,026

Size:

20,000 SqFt to .99 Acres

Parking

Features:

Paved

36 total parking spots

Property

Number Of Units Total:

Zoning:

MDR-24

Roof

Roof:

Composition

Schools

Middle Or Junior School:

Other

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$29,659

Legal Description

Tax Year:

2023

Unit One

Area:

1539

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

2 total bathrooms

4 total bedroom

Unit Two

Area:

1052

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

2 total bathrooms

3 total bedroom

Unit Three

Area:

975

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Unit Four

Area:

1004

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

2 total bathrooms

2 total bedroom

Unit Five

Area:

578

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

[+] Read More

$3,999,000 - Br/0Ba - for Sale in Gresham

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$3,999,000 -

678 Se Hogan Rd Gresham , OR 97080

MLS Area Major: _143

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on September 7, 2024 1:51PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.