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1703 NW Division St, Gresham, OR 97030

  • $649,900

  • —

    bed

  • —

    bath

  • 3,440

    Sqft ($189/Sqft)

Multi-family for sale 5 days
Movoto is helping 15 homebuyers near you

About 1703 NW Division St

Property type Multi-family
Neighborhood
Year built 2006
HOA fee $0/month
Lot size 6,098 Sqft
Parking 2 garage spaces
Rental estimate
Property description
This 2006 built townhouse style duplex is a rare opportunity to house hack or add a turn-key rental to your portfolio! Each unit features 1504 SQFT, 3 beds/2.5 baths, high ceilings, vaulted master suite w/ walk-in closet, AC, gas fireplace, attached garage + ample parking, fenced yard with deck & territorial views! Separate water, electric & gas meters for simple & optimal expense management. Brand new tear-off roof w/ transferable warranty and new exterior paint. One unit w/ long term tenant at $2,400/month & one vacant unit with all new paint and flooring ready for owner occupant or max rental income. Strong cap rate, Pro Forma available. 8 off-street parking spaces + 2 attached garages. On bus-line and short walk to the Max light rail, Gresham Station Mall, new library, parks, Springwater Trail, shopping and restaurants!
Listed by
Listing Agent - Kyle Ball
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#523920162 • last updated 5 days ago
Movoto checked RMLS for data 3 minutes ago
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Overview
Cooling/AC Central Air
Heating Forced Air
MLS # 523920162
Type Multi Family
Virtual Tour External Link
Status Active
Lot Size (SqFt) 6098
Lot Size (Acres) 0.14
Property Tax 6945.96
Year Built 2006
Exterior
Roof Composition
# Parking Spaces 8
# Garage Spaces 2
Exterior Features Cement Siding
Lot Desc GentleSloping, Level, LightRail, OnBusline, Trees
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View Territorial, TreesWoods
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School North Gresham
Middle School Clear Creek
High School Gresham
Zoning LDR-5
Directions NW Division Street (easiest To Park In Deeded Church Parking Lot Spaces Next To Duplex)
APN R490163
Multifamily Details
Unit Type 1: # Bedrooms 3
Unit Type 1 : Total Baths 3
Unit Type 2: # Bedrooms 3
Unit Type 2: Total Baths 3
Unit Type 1: Rent 2400
Total # of Units 2
Gross Rent Multiplier 22.57
Operating Expense Scheduled 10187
Net Operating Income 18613
Operating Expense 10187
Gross Scheduled Income 62400
Gross Income 28800
Cap Rate 2.86
Net Scheduled Income 52213
Lot/ Land Details
Road Surface Concrete, Paved
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1/10
Clear Creek Middle School
public Grades 6-8
Gresham-Barlow School District 10j
3/10
Gresham High School
public Grades 9-12
Gresham-Barlow School District 10j
Source: GreatSchools.org © 2026. All rights reserved.

Around Gresham-Northwest

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48/100
Walk
83/100
Family
75/100
Dining
92/100
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  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97030
  • Gresham-Northwest
  • 1703 NW Division St

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