Movoto Real Estate
Search
About Tour Schools Neighborhood Places of interest Commute Home value Property history Market statistics
  • Exterior
  • Other
  • Living
  • Kitchen
  • Entry Way
  • Bedroom
  • Bath
  • View/Area
  • Floorplan

231 SElliott Ave, Gresham, OR 97080

  • $599,000

  • —

    bed

  • —

    bath

  • 2,454

    Sqft ($244/Sqft)

Multi-family for sale 2 days
Movoto is helping 15 homebuyers near you

About 231 SElliott Ave

Property type Multi-family
Neighborhood
Year built 2001
HOA fee $0/month
Lot size 6,969 Sqft
Parking 2 garage spaces
Rental estimate
Property description
One side is vacant ready for owner occupied to house hack, or make this dialed in duplex part of your investment portfolio. Near the heart of downtown Gresham, this well maintained duplex built in 2001 has a spacious 3 bedroom / two and a half bath layout on each side. Vacant unit has had extensive work done to include interior paint, new water heater, deep clean and carpet cleaning, new blinds. Both units have a brand new deck to complement the spacious fenced yards. Current tenant on 231 has been long standing and a great tenant according to landlord. Rents on units have nearby comps for over $2,000 for each side making this well maintained multi-family home a true long term cash cow. Please call your agent to see inside the vacant unit of 239. DO NOT GO ON PROPERTY OF 231 only 239.
Listed by
Listing Agent - Tim Jackson
Listing Office - Premiere Property Group, LLC
Source: RMLS mls logo
MLS#267644677 • last updated 3 days ago
Movoto checked RMLS for data 3 minutes ago
Request a virtual or in-person tour
Overview
Cooling/AC Air Conditioning Ready
Heating Forced Air
MLS # 267644677
Type Multi Family
Virtual Tour N/A
Status Active
Lot Size (SqFt) 6969
Lot Size (Acres) 0.16
Property Tax 6727.17
Year Built 2001
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features Metal Siding
Lot Desc Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Multnomah
Area 144 - Gresham, Sandy, Troutdale, Corbett
Elementary School East Gresham
Middle School Dexter McCarty
High School Gresham
Zoning LDR
Directions SE Hogan Rd, E On SE Powell Blvd. Turn Right On SE Elliott Ave. Property Is On The Right.
APN R491403
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 1275
Total # of Units 2
Gross Rent Multiplier 20.17
Operating Expense Scheduled 19200
Net Operating Income 9575
Operating Expense 20125
Gross Scheduled Income 48000
Gross Income 29700
Cap Rate 1.6
Net Scheduled Income 28800
Lot/ Land Details
Road Surface Paved
Tour this home
When would you like to see 231 SElliott Ave?
question
Have a question about this property? Call us at (844) 430-0869
3/10
Gresham High School
public Grades 9-12
Gresham-Barlow School District 10j
Source: GreatSchools.org © 2026. All rights reserved.

Around Historic Southeast Gresham

Explore everything this neighborhood has to offer. Learn more about Historic Southeast Gresham.
View homes for sale in Historic Southeast Gresham
67/100
Walk
87/100
Family
68/100
Dining
89/100
Pet
  • Real Estate
  • OR
  • Multnomah County
  • Gresham
  • 97080
  • Historic Southeast Gresham
  • 231 SElliott Ave

My commute

Enter a destination to see travel time and distance.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby homes for sale in Gresham, OR

Nearby recently sold homes in Gresham, OR

Newest listings in 97080

Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by Oregon MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Movoto are marked with the RMLS™ , and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 6/4/2026. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.