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  • $622,900

    4038 SE Powell Valley Rd, Gresham, OR 97080

    6beds
    2,460sqft
    Multi Family
    Built in 2001
    -- sqft lot
    $624,000 Zestimate®
    $253/sqft
    $-- HOA

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: December 27, 2024 at 05:12am

    Listed by:

    Tami Liesy 503-388-1881,

    Keller Williams PDX Central

    Bought with:

    Brent Ryder, 200903013

    The Broker Network, LLC

    Source: RMLS (OR),MLS#: 24463018MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 14
    • Full bathrooms: 4
    • Partial bathrooms: 10
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 2,460
    • Total interior livable area: 2,460 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Off Street
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 7,405 sqft
    • Features: Level, On Busline, Trees, SqFt 7000 to 9999
    Details
    • Parcel number: R239833
    • Zoning: LDR-7

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 2001

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security Lights
    Location
    • Region: Gresham
    • Subdivision: Kelly Creek

    HOA & financial

    Other financial information
    • Total actual rent: 4190

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $624,000