Movoto Real Estate
Sold on 03/15/2021
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1145 SE 5th St, Gresham, OR 97080

  • $378,000

    Last sold 03/15/2021 after 94 Days

  • bed

  • bath

  • 2,376

    Sqft ($159/Sqft)

Multi-family not for sale
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About 1145 SE 5th St

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Rental estimate
Property description
BACK ON MARKET AT NO FAULT TO PROPERTY. 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.
Listed by
Listing Agent - Sarah Carman
Listing Agent Contact: 503-665-3144
Listing Office - ERA Freeman & Associates
Source: RMLS mls logo
MLS#20435487 • last updated 5 years ago
Movoto checked RMLS for data 56 minutes ago
Overview
Cooling/AC None
Heating Wall Furnace
MLS # 20435487
Type Multi Family
Status Sold
Property Tax 4133.54
Year Built 1970
Exterior
Roof Composition
Exterior Features Lap Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School East Gresham
Middle School Dexter McCarty
High School Gresham
Zoning LDR-5
Directions SE Hogan Rd, West On SE 5th Street
APN R305373
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1085
Unit Type 2: Rent 1245
Total # of Units 2
Gross Rent Multiplier 13.94
Net Operating Income 23310
Operating Expense 4650
Gross Income 27960
Cap Rate 5.98
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • Apr 2021
    mls logo MLS # 20435487
  • Apr 20, 2021 Sold
    $400,000 (+5.8%)
  • Apr 20, 2021 Sold
    $378,000 (-3.1%)
  • Jan 21, 2021 Pending
  • Dec 11, 2020 Listed
    $389,900 (-9.1%)
  • Aug 2020
    mls logo MLS # 20142764
  • Aug 31, 2020 Pending
  • Aug 29, 2020 Listed
    $429,000
  • 1145 SE 5th St
    $378K
  • Historic Southeast Gresham
    $365K -16% y/y
  • 97080
    $545K 0% y/y
  • Gresham
    $502K -2% 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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  • 97080
  • 1145 SE 5th St
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