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Sold on 05/17/2025
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1700 SE 9th St, Gresham, OR 97080

  • $529,000

    Last sold 05/17/2025 after 48 Hours

  • —

    bed

  • —

    bath

  • 2,176

    Sqft ($243/Sqft)

Multi-family not for sale
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About 1700 SE 9th St

Property type Multi-family
Neighborhood
Year built 1966
HOA fee $0/month
Lot size 9,147 Sqft
Rental estimate
Property description
Opportunity Awaits. Very nice, well maintained 3 bedroom units, each with private patio, fenced back yards, and bonus storage rooms. Newer vinyl windows. Each unit has washer/dryer hookups. Plenty of off street parking for 4 vehicles. Easy to rent. (expenses based on 2023 and 2024, Income based on current rents-was 34,200 in '23 and '24 but with recent rent increases should be $36,600 in future) Please do not disturb tenants, no sign on property.
Listed by
Listing Agent - Carl Iiams
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#286903078 • last updated 11 months ago
Movoto checked RMLS for data 27 minutes ago
Overview
Heating Wall Heater
MLS # 286903078
Type Multi Family
Status Pending
Lot Size (SqFt) 9147
Lot Size (Acres) 0.21
Property Tax 4885.96
Year Built 1966
Exterior
Roof Metal
# Parking Spaces 4
Exterior Features Lap Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Subdivision Suncrest
Area 144 - Gresham, Sandy, Troutdale, Corbett
Middle School Dexter McCarty
High School Gresham
Zoning LDR-5
Directions Hogan Rd. West On 9th, Second Property On Left.
APN R279735
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 1500
Unit Type 2: Rent 1450
Total # of Units 2
Gross Rent Multiplier 14.45
Net Operating Income 23780
Operating Expense 12820
Gross Income 36600
Cap Rate 4.5
Lot/ Land Details
Road Surface Paved
We are not permitted to show value estimates for this property.
  • May 2025
    mls logo MLS # 286903078
  • May 15, 2025 Listed
    $529,000 (+75.7%)
  • Sep 2017
    mls logo MLS # 17077507
  • Sep 8, 2017 Sold
    $301,000 (+0.3%)
  • Aug 12, 2017 Pending
    —
  • Aug 5, 2017 Listed
    $300,000 (+6.0%)
  • Sep 2016
    mls logo MLS # 16426110
  • Sep 15, 2016 Sold
    $283,000 (-5.0%)
  • Aug 26, 2016 Pending
    —
  • May 4, 2016 Listed
    $298,000
  • Aug 2016
    mls logo MLS # 16219226
  • Aug 26, 2016 Pending
    —
  • Jul 21, 2016 Price Change
    $298,000 (-5.4%)
  • Jul 6, 2016 Listed
    $315,000 (+5.7%)
  • 1700 SE 9th St
    $529K
  • Historic Southeast Gresham
    $365K -18% 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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