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Sold on 09/05/2018
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21723 SE Alder Dr, Gresham, OR 97030

  • $745,000

    Last sold 09/05/2018 after 7 Days

  • —

    bed

  • —

    bath

  • 5,440

    Sqft ($137/Sqft)

Multi-family not for sale
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About 21723 SE Alder Dr

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Rental estimate
Property description
Excellent Investment Property! Rare Mid-Size Multifamily Property, 6-Plex with two 1 bedroom units and four 2 bedroom units. Landscaped and groomed parking lot with 10 spaces.
Listed by
Listing Agent - Seth Dodge
Listing Agent Contact: 360-975-8577
Listing Office - MORE Realty
Source: RMLS mls logo
MLS#18064948 • last updated 7 years ago
Movoto checked RMLS for data 5 minutes ago
Overview
Heating Baseboard
MLS # 18064948
Type Multi Family
Status Sold
Property Tax 8011.15
Year Built 1967
Exterior
Roof Composition
# Parking Spaces 10
Exterior Features Metal Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Community Features Laundry
Area 144 - Gresham, Sandy, Troutdale, Corbett
Zoning MDR-12
Directions From SE Stark Turn South On To SE 217th Ave, Turn East On To SE Alder Drive
APN R337569
Multifamily Details
Unit Type 1: # Bedrooms 1
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 795
Unit Type 2: Rent 950
Total # of Units 6
Gross Rent Multiplier 12.82
Operating Expense Scheduled 10371
Net Operating Income 50712
Operating Expense 9353
Gross Scheduled Income 66600
Gross Income 60065
Cap Rate 6.59
Net Scheduled Income 56229
We are not permitted to show value estimates for this property.
  • Oct 2018
    mls logo MLS # 18064948
  • Oct 31, 2018 Sold
    $745,000 (-3.2%)
  • Sep 5, 2018 Pending
    —
  • Aug 29, 2018 Listed
    $770,000
  • 21723 SE Alder Dr
    $745K
  • Gresham-North Central
    $490K +8% y/y
  • 97030
    $420K -1% y/y
  • Gresham
    $506K -1% y/y
No chart available
Statistics calculated by Movoto

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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.

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  • Gresham-North Central
  • 21723 SE Alder Dr
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