Movoto Real Estate
Sold on 03/27/2024
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155 NE Olvera Ct, Gresham, OR 97030

  • $520,000

    Last sold 03/27/2024 after 8 Days

  • bed

  • bath

  • 2,144

    Sqft ($243/Sqft)

Multi-family not for sale
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About 155 NE Olvera Ct

Property type Multi-family
Neighborhood
Year built 1978
HOA fee $0/month
Lot size 8,712 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Outstanding investment opportunity! Well-appointed duplex on a quiet cul-de-sac. Excellent rental history with current renters in place. Perfect for investors or owner-occupied. Two identical 1107 SF units feature spacious, one-level living with fully equipped kitchen, living room, 2 bedrooms, and 2 bathrooms, plus washer/dryer included. Unit 167 has brand new hot water heater. Outside features an expansive fully fenced yard with level lawn and mature landscape. Both units have a large, covered balcony, attached garage, and tons of storage throughout. Convenient location near shopping, dining, and walking distance to the middle school. Please note the sale includes unit 155 and 167 NE Olvera Ct. Don't miss this incredible opportunity!
Listed by
Listing Agent - Brandon Fox
Listing Agent Contact: Kwppbroker@gmail.com
Listing Office - Keller Williams Premier Partners
Source: RMLS mls logo
MLS#24273018 • last updated 1 year ago
Movoto checked RMLS for data 4 minutes ago
Overview
Heating Wall Furnace
MLS # 24273018
Type Multi Family
Status Sold
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 4974.09
Year Built 1978
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features Other
Lot Desc Cul_de_sac, GentleSloping, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Territorial
County Multnomah
Community Features Commons
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Powell Butte
Middle School Gordon Russell
High School Sam Barlow
Zoning LDR7
Directions E On NE Division St, R On NE Kane Dr, L On SE 1st St, L On Olvera Ct
APN R154895
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 2
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 2
Unit Type 1: Rent 1600
Unit Type 2: Rent 1499
Total # of Units 2
Gross Rent Multiplier 13.85
Net Operating Income 34091
Operating Expense 8071
Gross Income 37188
Cap Rate 6.62
Lot/ Land Details
Road Surface Paved
  • May 2024
    mls logo MLS # 24273018
  • May 3, 2024 Sold
    $510,000 (-1.0%)
  • Mar 30, 2024 Pending
  • Mar 19, 2024 Listed
    $515,000

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Nearby homes for sale in Gresham, OR

  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97030
  • Powell Valley
  • 155 NE Olvera Ct
We are not permitted to show value estimates for this property.

Nearby recently sold homes in Gresham, OR

  • 155 NE Olvera Ct
    $520K
  • Powell Valley
    $499K -3% y/y
  • 97030
    $425K 0% y/y
  • Gresham
    $499K -2% y/y
No chart available
Statistics calculated by Movoto
4/10
Source: GreatSchools.org © 2026. All rights reserved.
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