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Sold on 06/04/2025
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171 NE Olvera Ct, Gresham, OR 97030

  • $565,000

    Last sold 06/04/2025 after 26 Days

  • —

    bed

  • —

    bath

  • 2,136

    Sqft ($265/Sqft)

Multi-family not for sale
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About 171 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
Don’t miss this turnkey side-by-side duplex on a quiet cul-de-sac near Mt. Hood Community College and Mt. Hood Kaiser Medical Center. Each one-level unit offers 1,068 square feet of comfortable living, featuring large bedrooms, in-unit laundry rooms, and convenient tuck-under garages. Both units include full kitchens with dishwashers, generous living areas, and access to a large backyard—perfect for tenants who value outdoor space. The vacant unit has been freshly painted and is move-in ready, making it an excellent option for an owner-occupant. Additionally, the unused space above the garages could be turned into a third unit per the city. Buyer to do due diligence.
Listed by
Listing Agent - Amanda Folkestad
Listing Agent Contact: 503-805-2098
Listing Office - Realty Portland
Source: RMLS mls logo
MLS#304093124 • last updated 9 months ago
Movoto checked RMLS for data 5 minutes ago
Overview
Cooling/AC Wall Unit(s)
Heating Forced Air
MLS # 304093124
Type Multi Family
Status Pending
Lot Size (SqFt) 8712
Lot Size (Acres) 0.2
Property Tax 5039.64
Year Built 1978
Exterior
Roof Composition
# Garage Spaces 2
Exterior Features Cedar
Lot Desc Cul_de_sac, Private
Amenities / Utilities
Hot Water Electricity, Tank
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Subdivision EL CAMINO
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School Kelly Creek
Middle School Cedar Ridge
High School Sam Barlow
Zoning LDR-7
Directions Kane/257th, East One Block To Olvera Ct.
APN R154896
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 1840
Total # of Units 2
Gross Rent Multiplier 13.15
Net Operating Income 34982
Operating Expense 12567
Gross Income 42511
Cap Rate 6.26
Lot/ Land Details
Road Surface Concrete
  • Jul 2025
    mls logo MLS # 304093124
  • Jul 10, 2025 Sold
    $565,000 (+1.1%)
  • Jun 4, 2025 Pending
    —
  • May 28, 2025 Price Change
    $559,000 (-2.8%)
  • May 9, 2025 Listed
    $575,000

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Nearby homes for sale in Gresham, OR

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

Nearby recently sold homes in Gresham, OR

  • 171 NE Olvera Ct
    $565K
  • 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
Sam Barlow High School
public Grades 9-12
Gresham-Barlow School District 10j
Source: GreatSchools.org © 2026. All rights reserved.
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