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Sold on 07/03/2020
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2220 NW 7th Pl, Gresham, OR 97030

  • $503,000

    Last sold 07/03/2020 for $422K

  • —

    bed

  • —

    bath

  • 3,492

    Sqft ($121/Sqft)

Multi-family not for sale
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About 2220 NW 7th Pl

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Great duplex in a residential area. 2 identical units. DND tenants. Units are in good condition and well maintained. The pictures are of remodeled west unit with hardwood floors. East unit has carpets. All bedrooms have hardwood under carpet, including hallway; carpet in LR. Buyer to verify. Wood fireplaces. Oversized 1 car garage on each side. Sprinkler system plumbed. Renewed windows; 40 years roof in 1998. 2 additional rooms in basement. Tenants pay all utilities.
Listed by
Listing Agent - Joseph Charny
Listing Agent Contact: 971-250-7700
Listing Office - Coldwell Banker Bain
Source: RMLS mls logo
MLS#20271757 • last updated 5 years ago
Movoto checked RMLS for data 6 minutes ago
Overview
Heating Forced Air
MLS # 20271757
Type Multi Family
Status Sold
Property Tax 4771.92
Year Built 1967
Exterior
Roof Composition
Exterior Features Brick, Vinyl Siding
Lot Desc Commons, Corner Lot
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
View City
County Multnomah
Community Features Laundry
Subdivision MAWCREST
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School North Gresham
Middle School Clear Creek
High School Gresham
Zoning LDR-5
Directions NW Divison To Birdsdale To NW 7th Place
APN R214244
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 950
Unit Type 2: Rent 950
Total # of Units 2
Gross Rent Multiplier 18.42
Operating Expense Scheduled 5122
Net Operating Income 17678
Operating Expense 5122
Gross Scheduled Income 24966
Gross Income 22800
Cap Rate 4.21
Net Scheduled Income 19844
Lot/ Land Details
Road Surface Concrete, Paved
$503K
Range: $387K-$618K
Last 30 days 
Rental est.: $1,043/month
Gross rent multiplier: 33.5
  • Aug 2020
    mls logo MLS # 20271757
  • Aug 18, 2020 Sold
    $422,500 (+0.6%)
  • Jul 3, 2020 Pending
    —
  • Mar 19, 2020 Listed
    $419,900
  • 2220 NW 7th Pl
    $422K
  • Gresham-Northwest
    $499K +26% y/y
  • 97030
    $420K -5% y/y
  • Gresham
    $506K -1% y/y
No chart available
Statistics calculated by Movoto

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2/10
North Gresham Elementary School
public Grades K-5
Gresham-Barlow School District 10j
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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