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Sold on 01/02/2022
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1340 NE Kane Dr, Gresham, OR 97030

  • $484,000

    Last sold 01/02/2022 for $390K

  • —

    bed

  • —

    bath

  • 1,768

    Sqft ($221/Sqft)

Multi-family not for sale
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About 1340 NE Kane Dr

Property type Multi-family
Neighborhood
Year built 1975
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Check out this investors dream property! Both sides of the duplex 1340 and 1360 are included in this sale and each have 2 bed/1 bath, washer/dryer hookups within the units, large private fenced backyards, and ample parking for future tenants. Newly updated with fresh carpet, paint & vinyl flooring in both sides. The sellers currently do not have tenants. Blocks away from Mt. Hood Community College, TriMet bus service & shopping!
Listed by
Listing Agent - Sam DiPilato
Listing Agent Contact: Sam@designer-realestate.com
Listing Office - eXp Realty, LLC
Source: RMLS mls logo
MLS#21161974 • last updated 4 years ago
Movoto checked RMLS for data 4 minutes ago
Overview
Heating Baseboard
MLS # 21161974
Type Multi Family
Status Sold
Property Tax 3596.45
Year Built 1975
Exterior
Roof Composition
Exterior Features Vinyl Siding
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Powell Valley
Middle School Gordon Russell
High School Sam Barlow
Zoning LDR-7
Directions Division St To Kane Dr
APN R272170
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 1490
Total # of Units 2
Gross Rent Multiplier 55.36
Net Operating Income 11655
Operating Expense 4520
Gross Income 7135
Cap Rate 2.95
  • Feb 2022
    mls logo MLS # 21161974
  • Feb 3, 2022 Sold
    $390,000 (-1.3%)
  • Dec 5, 2021 Pending
    —
  • Dec 2, 2021 Listed
    $395,000

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Nearby homes for sale in Gresham, OR

  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97030
  • Gresham-Northeast
  • 1340 NE Kane Dr
$484K
Range: $416K-$551K
Last 30 days 
Rental est.: $1,050/month
Gross rent multiplier: 31.4

Nearby recently sold homes in Gresham, OR

  • 1340 NE Kane Dr
    $390K
  • Gresham-Northeast
    $369K +35% y/y
  • 97030
    $425K 0% y/y
  • Gresham
    $499K -2% y/y
No chart available
Statistics calculated by Movoto
1/10
Hall Elementary School
public Grades K-5
Gresham-Barlow School District 10j
1/10
Gordon Russell Middle School
public Grades 6-8
Gresham-Barlow School District 10j
4/10
Sam Barlow High School
public Grades 9-12
Gresham-Barlow School District 10j
Source: GreatSchools.org © 2026. All rights reserved.
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