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Sold on 09/07/2025
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1330 SE 4th St, Gresham, OR 97080

  • $507,500

    Last sold 09/07/2025 after 6 Days

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    bed

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    bath

Multi-family not for sale
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About 1330 SE 4th St

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 10,454 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Welcome to this solid and well-maintained duplex in a quiet residential pocket of Gresham. Offering 2 bedrooms, 1 bathroom, and attached garage for each unit. This property is ideal for investors looking for immediate rental income. Large 10,500 sqft lot with ample off-street parking. One unit was updated in 2024 with new flooring, kitchen cabinets and countertops. Property is fully occupied, tenants would like to stay. Separate electric meters, owner pays water/sewer, landscaping, and garbage. Make offers subject to interior inspection within 5 days, do not disturb tenants.
Listed by
Listing Agent - Li Lanz
Listing Agent Contact: Li@lilanzproperties.com
Listing Office - Li Lanz Properties, LLC
Source: RMLS mls logo
MLS#332192065 • last updated 7 months ago
Movoto checked RMLS for data 7 minutes ago
Overview
Cooling/AC None
Heating Baseboard
MLS # 332192065
Type Multi Family
Status Sold
Lot Size (SqFt) 10454
Lot Size (Acres) 0.24
Property Tax 4930.49
Year Built 1969
Exterior
Roof Composition
# Parking Spaces 3
# Garage Spaces 2
Exterior Features Wood 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 Residen
Directions From Powell Blvd Turn South Onto SE Cleveland Ave, Continue Onto SE Spruce Ave, Left Onto SE 4th St
APN R270124
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1650
Unit Type 2: Rent 1450
Total # of Units 2
Gross Rent Multiplier 12.88
Net Operating Income 26641
Operating Expense 10560
Gross Income 37200
Cap Rate 5.56
Lot/ Land Details
Road Surface Paved
Rental est.: $1,285/month
Gross rent multiplier: 31.1
  • Sep 2025
    mls logo MLS # 332192065
  • Sep 9, 2025 Pending
    —
  • Sep 1, 2025 Listed
    $479,000
  • 1330 SE 4th St
    $507K
  • 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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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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