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Sold on 09/21/2016
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1115 SE Roberts Ave, Gresham, OR 97080

  • $932,000

    Last sold 09/21/2016 for $637K

  • —

    bed

  • —

    bath

  • 3,612

    Sqft ($176/Sqft)

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About 1115 SE Roberts Ave

Property type Multi-family
Neighborhood
Year built 1968
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Rare 4plex in charming neighborhood. 3bds have utility rooms, 2 bds have fireplaces. Three of the units have been remodeled with new carpet, new vinyl and paint. Most have new vinyl windows. Updated bathrooms, 30 year roof is less than 10 years old, some new appliances. Large partially finished basement with 8 storage rooms for tenants to rent, potential for additional storage or? Rents are significantly below current market value.
Listed by
Listing Agent - Greg Messick
Listing Office - RealtyNET
Source: RMLS mls logo
MLS#16321648 • last updated 9 years ago
Movoto checked RMLS for data 6 minutes ago
Overview
Cooling/AC None
Heating Ceiling
MLS # 16321648
Type Multi Family
Status Sold
Property Tax 4775.29
Year Built 1968
Exterior
Roof Composition
# Parking Spaces 4
Exterior Features Lap Siding, T-111 Siding
Lot Desc Sloped
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Trees/Woods
County Multnomah
Subdivision Historic Southeast
Area 144 - Gresham, Sandy, Troutdale, Corbett
Zoning LDR-5
Directions Regner Drive St To Powell To Roberts Ave
APN R340201
Multifamily Details
Unit Type 3: Total Baths 1
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 3
Unit Type 3: # Bedrooms 3
Unit Type 4: Total Baths 1
Unit Type 2: Total Baths 1
Unit Type 4: # Bedrooms 2
Unit Type 1: Rent 870
Unit Type 4: Rent 870
Unit Type 3: Rent 1240
Unit Type 2: Rent 1000
Total # of Units 4
Gross Rent Multiplier 13.17
Operating Expense Scheduled 15900
Net Operating Income 39722
Operating Expense 12671
Gross Scheduled Income 55200
Gross Income 47760
Cap Rate 6.32
Net Scheduled Income 44432
$932K
Range: $605K-$1.25M
Last 30 days 
Rental est.: $1,255/month
Gross rent multiplier: 41.8
  • Nov 2016
    mls logo MLS # 16321648
  • Nov 17, 2016 Sold
    $637,000 (+1.3%)
  • Sep 21, 2016 Pending
    —
  • Sep 19, 2016 Listed
    $629,000
  • 1115 SE Roberts Ave
    $637K
  • Historic Southeast Gresham
    $515K +14% y/y
  • 97080
    $535K -1% y/y
  • Gresham
    $506K -1% y/y
No chart available
Statistics calculated by Movoto

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6/10
East Gresham Elementary School
public Grades K-5
Gresham-Barlow School District 10j
2/10
Dexter Mccarty Middle School
public Grades 6-8
Gresham-Barlow School District 10j
3/10
Gresham High School
public Grades 9-12
Gresham-Barlow School District 10j
Source: GreatSchools.org © 2026. All rights reserved.

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