Movoto Real Estate
Sold on 05/03/2024
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1695 SE 5th St, Gresham, OR 97080

  • $530,000

    Last sold 05/03/2024 after 7 Days

  • bed

  • bath

  • 1,732

    Sqft ($306/Sqft)

Multi-family not for sale
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About 1695 SE 5th St

Property type Multi-family
Neighborhood
Year built 1973
HOA fee $0/month
Lot size 7,405 Sqft
Rental estimate
Property description
This well-maintained duplex presents an excellent investment opportunity! Each unit boasts two bedrooms, one bathroom, a designated laundry room, and a full size garage, making them highly desirable for tenants seeking comfortable living spaces. With fresh upgrades in the vacant unit, including new flooring and a fresh coat of paint, these units are not only attractive to renters but also hold potential for owner-occupancy. Two standout features of this property are the separate fenced backyards for each unit and a private nestled off street setting creating multiple parking spaces. This duplex provides versatility and the opportunity to offset your living expenses by renting out one unit and living in the other! Minutes to Winco, Fred Meyer, and more! Ask us about 5% down financing!
Listed by
Listing Agent - Mark Charlesworth
Listing Office - Keller Williams PDX Central
Source: RMLS mls logo
MLS#24029076 • last updated 1 year ago
Movoto checked RMLS for data 3 minutes ago
Overview
Heating Zoned
MLS # 24029076
Type Multi Family
Status Sold
Lot Size (SqFt) 7405
Lot Size (Acres) 0.17
Property Tax 4346.19
Year Built 1973
Exterior
Exterior Features Wood Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City, Trees/Woods
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Middle School Dexter McCarty
Zoning LDR
Directions E Powell Blvd / SE Hogan Rd / SE 5th St
APN R270149
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 2: Rent 1490
Total # of Units 2
Gross Rent Multiplier 13.02
Net Operating Income 28196
Operating Expense 8284
Gross Income 38400
Cap Rate 5.64
We are not permitted to show value estimates for this property.
  • Jun 2024
    mls logo MLS # 24029076
  • Jun 11, 2024 Sold
    $530,000 (+6.0%)
  • May 8, 2024 Pending
  • Feb 12, 2024 Listed
    $499,800
  • Dec 2023
    mls logo MLS # 23101151
  • Dec 26, 2023 Pending
  • Dec 19, 2023 Listed
  • Dec 8, 2023 Pending
  • Nov 28, 2023 Listed
    $499,800
  • Nov 2023
    mls logo MLS # 23288919
  • Nov 17, 2023 Listed
    $499,900
  • Nov 2023
    mls logo MLS # 23358167
  • Nov 13, 2023 Pending
  • Oct 27, 2023 Listed
    $499,900 (-0.1%)
  • Jul 2022
    mls logo MLS # 22119603
  • Jul 28, 2022 Sold
    $500,615 (+2.2%)
  • Jun 7, 2022 Pending
  • Jun 4, 2022 Listed
    $490,000
  • 1695 SE 5th St
    $530K
  • 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
Source: GreatSchools.org © 2026. All rights reserved.

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