Do not miss this investment opportunity! A rare find duplex with a 3 bedroom unit under $400,000. This sweet little investment sit across the street from both East Gresham Grade School and Dexter McCarty Middle School. The close proximity to Downtown Gresham makes this a perfect place to be in the middle of it all. Don't hesitate, this won't last long.
Off market
$525,800
1145 SE 5th St, Gresham, OR 97080
6beds
2baths
2,376sqft
MultiFamily
Built in 1970
-- sqft lot
$525,800 Zestimate®
$221/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Wall, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Refrigerator, Washer
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 2,376 sqft
Property
Parking
- Parking features: Carport
Lot
- Features: Level
Details
- Zoning: LDR-5
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Approximately
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Gresham
HOA & financial
Other financial information
- Total actual rent: 2330
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Paved
- Appliances: Dishwasher, Refrigerator, Disposal, Washer/Dryer, Electric Water Heater
- CarportYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Electricity Connected
- Roof: Composition
- LotFeatures: Level
- Basement: Crawl Space
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Carport
- RentIncludes: Water, Sewer, Trash Collection, Maintenance Grounds
- ConstructionMaterials: Lap Siding
- Zoning: LDR-5
- Heating: Wall Furnace
- GrossIncome: 27960
- CapRate: 5.98
- TotalActualRent: 2330
- MlsStatus: Active
- PropertyCondition: Approximately
- NetOperatingIncome: 23310
- OperatingExpense: 4650
- TaxAnnualAmount: 4133.54
- Road surface type: Paved
Services availability
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Estimated market value
$525,800