633 SE 212TH AVE, Gresham, OR 97030

$399,900
List Price
$399,900
Days on Market
30
MLS#
21622497
Property Type
Multifamily
Lot Size
7, 000 to 9, 999 SqFt
Region
Gresham, Sandy, Troutdale, Corbett
Status
Pending

Property Description

Great investment property centrally located with convenient freeway access and one block from public transportation. Duplex with 2 bedroom, 1 bath units. Steady, long term renters in place. Roof replaced in July, 2020. Exterior painted July, 2020. One side recently updated. Rents are below market level. Please do not disturb tenants.

Additional Information

Tax Amount
$3,702
Stories
1
High School
Gresham
Elementary School
North Gresham
Middle School
Clear Creek
Stories
1
Year Built
1971
Fuel Description
Electricity
Heating Description
Baseboard
Hot Water Description
Electricity
Exterior Description
Brick, T-111 Siding
Roof Type
Composition
Sewer Description
Public Sewer
Water Description
Public Water
Cumulative Days On Market
30
Sq Ft Approximate Building Total
1728
Capitalization Rate
4.49
Operating Expenses Actual
6038
Gross Income Actual
24000
Gross Rent Multiplier
16.66
Net Income Actual
17962
Occupancy Types
Month To Month
C Cand Ryn
No
Road Surface
Paved
Number Of Units Total
2
Unit Type One Baths Total
1
Unit Type One Beds Total
2
Unit Type One Rent
1100
Unit Type One Sq Ft
864
Unit Type One Units Total
1
Unit Type Two Baths Total
1
Unit Type Two Beds Total
2
Unit Type Two Rent
900
Unit Type Two Sq Ft
864
Unit Type Two Units Total
1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of MORE Realty.

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